Binance announced that it will delist 23 trading pairs effective January 20, as part of its periodic review of pairs that do not meet criteria such as liquidity and trading volume.
Among the mentioned pairs:
1MBABYDOGE$/FDUSD and ADX/ETH and AGLD/BTC and ATOM/ETH and BTC/ZAR and ETH/ZAR and ORDI/BTC and TRB/BTC
In addition to other pairs.
The platform confirmed that this action does not mean the deletion of the currencies themselves from Binance, as users can continue trading the same assets through other available pairs on the platform.
The prices of many of the affected currencies fell after the news, which is a common reaction as delisting pairs reduces liquidity and visibility.
The cryptocurrency ORDI was among the hardest-hit, with a decline of nearly 12%.
The overall market downturn also contributed to increased pressure, especially with Bitcoin temporarily dropping near $92,000 and widespread losses in altcoin prices amidst political tension between the United States and the European Union.
In a separate update regarding Australia, Binance announced the relaunch of Australian Dollar (AUD) deposits and withdrawals after a previous suspension related to an external payment provider.
The platform added that it will open trading for the pairs BTC/U and LTC/USD1 on January 20, with the activation of "Trading Bots" services for the same pairs on the same day.
