Altcoin News

Binance Removes More Cardano (ADA) And Polygon (MATIC) Pairs

Crypto exchange Binance announces removal of 20 spot trading pairs including Cardano (ADA) and Polygon (MATIC).
Published by
Binance Removes More Cardano (ADA) And Polygon (MATIC) Pairs

The world’s largest crypto exchange Binance on Wednesday announced the removal of more Cardano (ADA) and Polygon (MATIC) pairs. The crypto exchange will remove and cease trading of 20 crypto pairs against BUSD and BIDR. Binance delisting and removing of Cardano and Polygon spot, margin, and perpetual trading pairs increased after the SEC and CFTC lawsuits.

Advertisement

Binance Announces Cardano, Polygon, and Other Crypto Removal

Crypto exchange Binance in an official announcement on September 6 revealed the plan to remove and cease trading on 20 spot trading pairs. Binance periodically adds and removes crypto from its products and services. However, the U.S. SEC and CFTC lawsuits and regulatory challenges have forced Binance to make these changes more frequently.

“To protect users and maintain a high quality trading market, Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume.”

Binance to remove Cardano (ADA), Polygon (MATIC), and Zilliqa (ZIL) against BIDR pairs on September 8 at 09:00 UTC.

In addition, the exchange will delist AUDIO/BUSD, BAT/BUSD, BSW/BUSD, CITY/BUSD, CVX/BUSD, FORTH/BUSD, JUV/BUSD, MOB/BUSD, OGN/BUSD, OMG/BUSD, PLA/BUSD, POLS/BUSD, REI/BUSD, RSR/BUSD, SCRT/BUSD, and TVK/BUSD on September 8.

Users need to update or cancel their spot trading bots before the cessation of these pairs to avoid any potential losses. It also suggest users to trade to convert their BUSD to FDUSD stablecoin before February 2024.

On August 17, Binance delisted Cardano (ADA) And Polygon (MATIC) perpetual contacts in BUSD pairs. Moreover, the exchange removed Cardano (ADA), Polygon (MATIC), and 37 other liquidity pools on September 1.

Meanwhile, Binance plans to make changes to its zero-fee Bitcoin trading for BTC/TUSD spot and margin trading pair. The move may likely trigger another major selloff as trading volumes will take a hit similar to a 90% trading volume fall after the termination of zero-fee trading by Binance in March.

Also Read:

Advertisement

Share
Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

FLOKI Makes History With First ETP in Europe as Price Surges 30%

FLOKI has announced the launch of the first BNB chain exchange-traded product (ETP) in Europe.…

October 4, 2025
  • 24/7 Cryptocurrency News

BNB Rally to $1,300 Will Continue As Binance Hits Crucial Q3 Milestone, Says Expert

Binance Coin (BNB), the native cryptocurrency of BNB Chain, has surged another 8% today, moving…

October 4, 2025
  • 24/7 Cryptocurrency News

Trump’s Real Estate Moves On-Chain as Hut8 Adds WLFI Tokens to Boost Treasury

Trump’s real estate portfolio is set to go on-chain amid World Liberty Financial’s announcement of…

October 4, 2025
  • 24/7 Cryptocurrency News

ASTER Token Defies Crypto Market Consolidation With 14% Upside, Expert See Next Stop at $3

Despite the broader crypto market consolidation, ASTER token is outperforming with 14% gains in the…

October 4, 2025
  • 24/7 Cryptocurrency News

MetaMask Gears Up for Major MASK Token Airdrop With Reward Points System Launch

MetaMask, Consensys’ Web3 wallet, is set to introduce a reward points system for on-chain activities.…

October 4, 2025
  • 24/7 Cryptocurrency News

Coinbase Joins Ripple and Circle In Applying For National Banking License

Crypto exchange Coinbase has applied for a national trust charter, joining the likes of Ripple,…

October 4, 2025