Binance Delists Altcoin Trading Pairs in Latest Market Adjustments
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Binance, the prominent cryptocurrency exchange, has made headlines by announcing the removal of specific spot trading pairs for Pepe Coin (PEPE), Decred (DCR), and Horizen (ZEN).
This decision, part of its regular evaluation process, reflects Binance’s ongoing efforts to refine its platform by eliminating pairs with low activity and liquidity.
The delisting sparked notable market reactions, including a sharp 10% drop in PEPE, which had previously surged by 90% this month. Meanwhile, Decred and Horizen have exhibited mixed trends in light of the changes.
Set to take effect on December 13 at 03:00 UTC, the delisted pairs—PEPE/TUSD, DCR/BTC, and ZEN/ETH—will no longer be tradable on the platform.
Binance reassured users that these assets could still be accessed through other trading pairs available on the exchange. For those using automated trading bots linked to these pairs, Binance has advised disabling or reconfiguring their bots to avoid any disruptions.
In addition to delistings, Binance has expanded its loan services by adding Movement (MOVE) as a new collateral option. Users can now borrow against MOVE tokens through flexible loan products, which allow real-time APR rewards via Simple Earn. High-net-worth and institutional investors can benefit from VIP Loans, offering personalized over-collateralized loan solutions tailored for advanced trading and investment strategies
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