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Binance to Delist Five Spot Trading Pairs on April 18th, Prices Tumble

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Prominent crypto exchange Binance has announced plans to delist five spot trading pairs on April 18. The decision follows a routine market quality and liquidity assessment across its platform. The exchange said the decision is part of its ongoing efforts to protect users and ensure a robust trading environment.

The affected pairs include RAY/BNB, TNSR/BTC, VANA/BNB, VANRY/BTC, and WOO/BTC. According to an official exchange blog post, trading for these pairs will cease at 03:00 UTC on April 18, 2025.

Token Prices React

Binance did not disclose specific reasons for each pair’s removal but noted that factors like low liquidity and trading volume typically influence such decisions. Following the announcement, the affected tokens experienced noticeable price dips, reflecting market uncertainty and user reaction to the impending changes.

For example, TNSR dropped 10% to $0.1198, while VANA slipped 15% to $4.95. Similarly, WOO declined 8% to $0.05754. VANRY and RAY also saw minor pullbacks, down 4% and 2% to $0.02332 and $2.11, respectively.

While the delisting may disrupt short-term activity, the exchange clarified that the tokens will remain available on the platform. Users can still trade the underlying assets through other supported trading pairs on Binance Spot.

In addition to the delistings, Spot Trading Bots’ services for the affected pairs will be terminated simultaneously. The exchange urged users to cancel or update their trading bots before the deadline to avoid unintended losses.

Binance to Delist 14 Tokens on April 16

Last week, Binance revealed plans to delist 14 digital assets, marking the first round under its newly launched “Vote to Delist” initiative. The voting framework was key in determining which tokens would be removed.

The tokens slated for removal included Badger DAO (BADGER), Beta Finance (BETA), Balancer (BAL), Cortex (CTXC), and Cream Finance (CREAM).

The delisting process will take effect on April 16 at 03:00 UTC, after which trading on all related spot pairs will be halted. Binance will also stop crediting deposits of these assets from that point onward. However, users can still withdraw the affected tokens until June 9 at 03:00 UTC.

The post Binance to Delist Five Spot Trading Pairs on April 18th, Prices Tumble appeared first on Cointab.

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