In a significant move to enhance platform efficiency and security, Binance, one of the world's leading cryptocurrency exchanges, has announced plans to delist three trading pairs and temporarily suspend transactions across 14 blockchain networks.
Tokens Set for Delisting
Effective May 9, 2025, at 03:00 UTC, Binance will remove the following spot trading pairs due to low trading activity and poor liquidity:
ANIME/BNB
STRK/BTC
THE/BTC
Action Required:
Users holding these pairs should close all trades or adjust positions before the removal to avoid potential losses.
Temporary Suspension of Transactions on 14 Networks
To support Ethereum's planned upgrade, Binance will temporarily suspend deposits and withdrawals on the following blockchain networks starting May 7, 2025, at 09:45 UTC
Ethereum
Arbitrum
Optimism
zkSync Era
Base
Manta Network
Starknet
Polygon
Metis
Scroll
Cyber
Metal DAO
Celo
Worldcoin
Note:
Services will resume once the Ethereum upgrade is complete and the networks are stable.
Why Is Binance Making These Changes?
Binance's decision aligns with its ongoing efforts to:
Maintain compliance with evolving regulatory standards.
Enhance platform security and user experience.
Optimize trading quality by removing low-liquidity pairs.
By proactively managing its offerings, Binance aims to provide a secure and efficient trading environment for its users.
Key Takeaways for Users
Review Holdings: Ensure you are not holding the affected trading pairs or plan accordingly before the delisting date.
Monitor Transactions: Be aware of the temporary suspension of deposits and withdrawals on the specified networks and plan your transactions accordingly.
Stay Informed: Keep an eye on Binance's official announcements for updates on the resumption of services and any further changes.
#BinanceUpdate #CryptoDelisting #BlockchainNew
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đ˘Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions.