Binance Delists Four Altcoin Trading Pairs
Date: 2025-02-18 Author: Gabriel Deangelo Categories: BUSINESS
Binance, the world’s largest cryptocurrency exchange, has announced that it is delisting several trading pairs related to altcoins AMB, CLV, STMX, and VITE. Users are advised to close all active orders on these assets in cross margin and isolated margin modes by February 24. After this deadline, open trades will be automatically cancelled.
Trading in perpetual contracts for these tokens will end on February 21. In addition, starting February 25, Binance will no longer accept deposits in these cryptocurrencies. However, users will be able to withdraw their remaining funds until April 24. After this period, the exchange will automatically convert the remainder into stablecoins.
The platform explained that they regularly analyze trading pairs, assessing their liquidity, developer activity, network reliability, and smart contract functionality. The decision to delist is made based on these factors in order to maintain a high level of security and quality of trading assets.
Binance has previously delisted five trading pairs for margin trading, including HMSTR/FDUSD, SAGA/BTC, ILV/BTC, LTO/BTC, and MDT/BTC.
