Binance, the world’s leading cryptocurrency exchange, will delist 23 trading pairs, affecting a broad set of altcoins. The company says the delisting is scheduled for January 9 and will not affect the tokens’ availability on Binance Spot. Users can still trade the spot trading pair’s base and quote assets on other trading pairs available on Binance, the exchange noted.
Most of the cryptocurrencies involved have headed south, reflecting a broader market pullback. Bio Protocol (BIO) was among the heaviest hit, with its price tumbling about 10% in a day. The tokens had been rallying prior to the disclosure, but after that, they headed south. Volatility rose last month as Binance stopped supporting StaFi (FIS), REI Network (REI), and Voxies (VOXEL), contributing to broader market unease around the tokens involved.
Towards the end of October, the exchange announced the delisting of Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP). KDA fell roughly 30% after a prior delisting, illustrating how such moves can impact prices. Bitcoin (BTC), which started the year with an uptick, recently fell below $90,000, and Zcash (ZEC) posted double-digit losses over the past 24 hours.













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