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

Binance explains that this is due to regular liquidity monitoring and the need to maintain a stable trading environment. The company urges traders to update or cancel their spot trading bots before the suspension of trading, to avoid financial losses.

The removal of pairs in hryvnia means that Ukrainian traders will have to use intermediary assets for conversion, which can incur additional fees and increase the impact of market fluctuations.

The closure of trading pairs on Binance often leads to a decrease in liquidity and puts pressure on asset prices. For example, after the delisting of Monero (XMR) and other cryptocurrencies in 2023, XMR fell by 35%.$BTC #MarketRebound $BTC $BNB