Binance to Delist Multiple Crypto Trading Pairs

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Binance, the world’s leading crypto exchange, has announced the delisting of several crypto trading pairs from its platform, raising concerns among investors about the likely impact on prices and market sentiments. Cross-margin pairs such as MDX/BTC, SEI/TUSD, and SUI/TUSD, along with isolated margin pairs like ALPACA/BTC, ARKM/TUSD, CHESS/BTC, MDX/BTC, SEI/TUSD, and SUI/TUSD, will be removed. Binance Margin is set to close users’ positions on May 31 and conduct an automatic settlement, canceling all pending orders on the affected pairs before their removal from margin trading.