American Binance Announces Delisting of 102 Cryptocurrency Pairs


To Binance.US, a brokerage that serves American clients, informed you this quarter-feira (7) that will be removing 102 pairs of cryptocurrencies from its platform.

The action occurred a few days after the broker was prosecuted by the US Securities and Exchange Commission (SEC). The removal seems to be urgent, I will take effect at this fifth fair (8) at 1:00 p.m. by Brasília time.

Another move was paused in the balcony market (OTC — Over The Counter). Second or official announcement, such service will be paused for an indefinite period of time.

List two pairs removed by Binance.US

Due to the length of the list, several large projects were affected. As examples, ApeCoin (APE), Basic Attention Token (BAT), Axie Infinity (AXS) and EOS (EOS) will lose their pairs against stablecoin Tether (USDT) in advanced trading mode.

Most two pairs will be removed only with USDT. However, American Binance will also remove pairs against Bitcoin (BTC) and Binance USD (BUSD).

The complete list can be seen below:

1INCH/USDT, AAVE/USDT, ALICE/USDT, ALPINE/USDT, ANT/USDT, APE/USDT, API3/USDT, ASTR/USDT, AUDIO/USDT, AXS/USDT, BAL/USDT, BAND/USDT, BAT/ USDT, BCH/USDT, BICO/USDT, BNT/USDT, BOND/USDT, CELO/USDT, CELR/USDT, CHZ/USDT, CLV/USDT, COMP/USDT, COTI/USDT, CRV/USDT, CTSI/USDT, DAR/USDT, DGB/USDT, DIA/USDT, EGLD/USDT, ENJ/USDT, ENS/USDT, EOS/USDT, FLOW/USDT, FORTH/USDT, GAL/USDT, GLM/USDT, GTC/USDT, ILV/ USDT, IMX/USDT, IOST/USDT, KDA/USDT, KNC/USDT, KSM/USDT, LAZIO/USDT, LOKA/USDT, LOOM/USDT, LPT/USDT, LRC/USDT, LSK/USDT, LTO/USDT, MANA/USDT, MKR/USDT, NEO/USDT, NMR/USDT, OGN/USDT, OMG/USDT, ONT/USDT, OXT/USDT, PAXG/USDT, POLYX/USDT, POND/USDT, PORTO/USDT, PROM/ USDT, QNT/USDT, QTUM/USDT, RARE/USDT, REEF/USDT, REN/USDT, REQ/USDT, RLC/USDT, ROSE/USDT, SANTOS/USDT, SKL/USDT, SLP/USDT, SNX/USDT, STG/USDT, STMX/USDT, STORJ/USDT, SUSHI/USDT, SYS/USDT, T/USDT, TFUEL/USDT, TLM/USDT, VITE/USDT, VOXEL/USDT, VTHO/USDT, WAXP/USDT, XEC/ USDT, YFI/USDT, ZEC/USDT, ZEN/USDT, and ZRX/USDT.

ATOM/BTC, BCH/BTC, DOT/BTC, LRC/BTC, MANA/BTC, UNI/BTC, VET/BTC and XTZ/BTCfor pairs against or Bitcoin. HBAR/BUSD and ONE/BUSD for pairs against Binance USD.

Secondly, American Binance also proposes a change in its service called Buy, Sell and Trade, also reducing the number of projects available.

“Binance.US will simplify its offer to buy, sell and trade and will reduce the number of supported trading trading pairs to 226”informed the brokerage in the same note.

Binance.US Announces Non-OTC Market Pause

Another important move to Binance.US was a pause in its balcony market, popularly known by the acronym OTC. According to the broker, there is no deadline for the resume of the service.

“In the coming weeks and months, Binance.US will notify you when OTC trading will be available again.”

Despite the recent process of the SEC on Binance, involving both the global and American brokerage, the announcement does not cite it as a reason for the above decisions and only declares that it was done “after careful consideration”.

Cryptocurrencies remain after removal of pairs by Binance.US

Due to the large number of cryptocurrencies affected by the decision to remove pairs by American Binance, it is difficult to assess the impact of the decision.

No meanwhile, ApeCoin (APE), one of the cryptocurrencies to be removed, is presenting the worst performance among the top 100 currencies on the market. At the time of this writing, APE is quoted at US$ 2.88, with a daily rate of 9.85%.

Immutable (IMX) and Decentraland (MANA), also cited in the removal of two pairs, have lost 7.9% and 6.5%, respectively, in the last 24 hours.

Yes, Binance Coin (BNB), although it has not been mentioned, is down 8% in this fourth fair (7). Within a week, you will lose 15% as the market shows concern about the SEC process over Changpeng Zhao and his brokerages.

reference: livecoins.com.br


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