$ 122,196.8
BTC
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$ 4,444.44
ETH
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ADA
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SOL
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Ify Egede
Jun 9, 2022

Binance to Delist 5 Trading Pairs From Margin and Spot Trading

Binance Delist Trading Pairs
Binance made a tweet earlier today to announce the removal of 5 trading pairs. On 15th June, the team will be removing GNO/BTC, XVG/BTC, and SC/BTC from the list of margin pairs. On 16th June, the team will be removing XVG/BTC GNO/BTC, VTHO/BNB, MBL/BNB, and SC/BTC from the spot pair.

Binance to Delist 5 Trading Pairs

After suspending GNO/BTC lending on 13th June for some time, Binance will be delisting GNO/BTC, XVG/BTC, and SC/BTC isolated margin pairs on 15th June. The Binance team will be closing users' holdings and conducting an automatic payment. They will also be canceling any outstanding orders on the isolated margin pairs.

Spot and Margin Trading

One of the most common trading methods, especially in crypto, is spot trading. When you buy or sell an asset directly, you're engaging in spot trading. The only difference is that you're buying or selling cryptos like BNB, ETH, or BTC directly. Margin trading is a type of trading that resembles financial and risk rumors. Like spot trading, margin trading involves trading an asset like BNB or BTC. It depends on borrowing money to make more money on how the price of an underlying asset moves in the future

Binance to Delist 5 Trading Pairs From Margin and Spot Trading
Ify is an experienced and versatile writer and researcher. He has have keen interest in blockchain technology, Bitcoin, cryptocurrencies, fintech and emerging technologies. He has tons of published works both online and in the print media. He has close to a decade of writing experience. When he is not writing, he spends time with his lovely wife and kids.

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