From the leading crypto currency exchanges BinanceOn February 6, 2025, he announced that he would remove three Spot transaction parity from his platform. Accordingly, QI/BTC, TLM/BTC and VITE/BTC parities will be completely terminated as of 06.00 on the specified date. The stock market announced that it made this decision due to lack of liquidity and low trading volume. It is emphasized that users can continue to buy and sell their assets over other existing trading parities. Spot Trading Bot Services will also be stopped on the same date for the parities.
Details of the process of removing the transaction parities
Binance, as a result of periodic investigations QI, Tlm And VITEThe Spot with BTC decided to remove the transaction parity. The decision was announced in accordance with the goal of protecting users and maintaining market quality. Transactions in the relevant transaction parities will be stopped on February 6. However altcoin‘s other parities (eg USDT, BUSD) will continue to be traded.
Users Spot Trading Botmust update or cancel. Otherwise, the boats will be stopped automatically and potential losses may occur. Binance invited users to take precautions in the official announcement.
In the last week, the trading parities transaction volume it fell significantly. This came to the fore as one of the main factors supporting the removal decision.
Warnings for users
Binance repeated that users would not lose access to assets, but that they should check their boots in the relevant trading parities. In particular, investors using automatic strategies were suggested to review the parity. The stock market usually preliminary warning before similar decisions. However, this time the process will be completed within two days.
Short -term fluctuations can be expected in prices of relevant subcoins after removing the platform. Experts recommend that investors shift their positions to alternative transaction parities. For example, transactions can be performed on trading parities such as QI/USDT or TLM/BNB. Binance’s policy of centralizing liquidity seems to continue to qualify over time.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
