Monday, September 30, 2019

Binance Delists Trading Pairs, Some Include Tokens From Its Launchpad

Binance delists new trading pairs of tokens, some of them were launched through its own IEO platform.

Major cryptocurrency exchange Binance announced on Sept. 30 that it is removing a batch of thirty trading pairs from its listings. 

Curiously, six of those trading pairs involve tokens launched on Binance Launchpad Initial Exchange Offering (IEO) platform, namely BitTorrent (BTT), Elrond (ERD), Harmony (ONE) and WINk (WIN).

Full list of trading pairs removed

Whilst not all of the trading pairs delisted include Binance Launchpad tokens, a significant 20% of them do. The full list is as follows:

“ANKR/PAX, ANKR/TUSD, ANKR/USDC, BCPT/PAX, BCPT/TUSD, BCPT/USDC, BTT/BTC, DENT/BTC, DOGE/PAX, DOGE/USDC, ERD/PAX, ERD/USDC, FTM/PAX, FTM/TUSD, FUEL/ETH, GTO/PAX, GTO/TUSD, GTO/USDC, LUN/ETH, NCASH/BNB, NPXS/BTC, ONE/PAX, ONE/TUSD, PHB/PAX, PHB/USDC, TFUEL/PAX, TFUEL/TUSD, TFUEL/USDC, WAVES/PAX, WIN/BTC.”

Binance claimed that the pairs were being removed to “improve liquidity and user trading experience,” and that the choice of trading pairs was “as requested by most project teams.”

What’s left for BTT, ERD, ONE and WIN?

With the removal of ERD/PAX, ERD/USDC, ONE/PAX and ONE/TUSD, both Elrond and Harmony were essentially delisted from the exchange entirely. A quick search of the markets gives no results for any remaining trading pairs involving the two coins.

BitTorrent and WINk fare slightly better, as even with BTT/BTC and WIN/BTC being removed, both coins are still tradeable against Tron (TRX).

Of the non-launchpad coins, ANKR, DOGE, FTM, PHB, and TFUEL were completely delisted. All of the other tokens (BCPT, DENT, FUEL, GTO, LUN, NCASH, NPXS and WAVES) maintain one trading pair with Ether (ETH).



from Cointelegraph.com News https://ift.tt/2mLIKUN

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