Binance Will Delist 23 Trading Pairs, Shiba Inu and Dogecoin are Affected

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Binance announced it will delist 23 margin trading pairs, including prominent ones like ADA/BUSD and the memecoins DOGE/BUSD and SHIB/BUSD, on November 9, with automatic closure and settlement of positions for these pairs.

This move follows a previous delisting of several BUSD pairs in October, with Binance citing the need to protect users and ensure quality trading markets due to factors like poor liquidity and volume.that it will delist 23 margin trading pairs, including ADA/BUSD, APE/BUSD, AVAX/BUSD, BCH/BUSD, DOT/BUSD, LTC/BUSD, MATIC/BUSD, and more on November 9.

“Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned cross and isolated margin pairs. These pairs will then be removed from Margin. Users can still trade the above assets on other trading pairs that are available on Binance Margin,” the company explained.that it will discontinue support for the stablecoin at the beginning of 2024.

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