Binance Delisting NOT/BNB and RDNT/BTC: What It Means for Users and Traders

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Binance delists NOT/BNB and RDNT/BTC trading pairs. Users must adjust strategies before December 6, 2024 - IcoHolder.

Binance, the world’s largest cryptocurrency exchange, has announced the removal of two significant trading pairs: NOT/BNB and RDNT/BTC. This move is part of Binance’s routine review process, which evaluates factors such as trading volume and liquidity. While it may not affect all users, those holding positions in these pairs need to be aware of the upcoming changes and understand what actions to take.

The exchange explained that it regularly assesses all trading pairs to ensure that its platform maintains a high standard of efficiency and quality. In this case, the NOT/BNB and RDNT/BTC pairs were found lacking sufficient trading activity and liquidity to meet Binance’s operational standards. Essentially, these pairs are not being traded enough to justify their continued availability on the exchange.

The delisting is scheduled to occur on December 6, 2024, at 03:00 UTC, at which point users will no longer be able to trade NOT/BNB or RDNT/BTC. However, it’s important to note that Binance is not removing the individual tokens from the platform entirely. Users will still be able to trade the base and quote assets of these pairs in other available markets on Binance.

For users who rely on Spot Trading Bots, it’s crucial to take immediate action. These bots will no longer support the delisted pairs starting from the delisting time. This means that any active bots using these pairs will be stopped automatically. To avoid potential issues or losses, Binance strongly advises users to either update their bots to use other available trading pairs or cancel them before the delisting occurs.

In conclusion, while this move may not have a significant impact on all users, those trading the affected pairs should act swiftly to adjust their strategies and avoid disruption.