#TradingPairs101 The cryptocurrency exchange Binance announced that as of February 28, it will no longer support the trading pairs BNB/UAH and ETH/UAH.

Binance explains this by regular liquidity monitoring and the need to maintain a stable trading environment. The company urges traders to update or cancel their spot bots before trading ends to avoid financial losses.

The removal of pairs in the hryvnia currency means that Ukrainian traders will have to use intermediary assets for conversion, which may lead to additional commissions and increased impact from market fluctuations.

The closure of trading pairs on Binance often leads to decreased liquidity and pressures asset prices. For example, after the delisting of Monero (XMR) and other cryptocurrencies in 2023, XMR dropped by 35%.

However, currently, both ETH and BNB show positive dynamics against the backdrop of the overall recovery of the cryptocurrency market.