Binance delists 10 trading pairs from spot and margin July 17

Editorial illustration for: Binance to delist 10 trading pairs from spot and margin platforms July 17

In brief

  • Binance delists four spot pairs (GLM/BTC, KNC/BTC, ONT/BTC, XAI/USDC) July 17 at 03:00 UTC
  • Six margin pairs removed: 1INCH/USDC, LPT/USDC, MAGIC/USDC, MASK/USDC, SUSHI/USDC, USDP/USDT at 06:00 UTC
  • Delisting driven by poor liquidity and low trading volume in periodic review
  • Spot pair delisting does not remove underlying tokens from Binance Spot

Spot Trading Pairs Affected

Four spot trading pairs will be removed effective July 17 at 03:00 UTC: GLM/BTC, KNC/BTC, ONT/BTC, and XAI/USDC. Binance will simultaneously terminate Spot Trading Bot services for these pairs on the same date and time.

A key distinction: delisting of spot trading pairs does not imply delisting of the underlying tokens on Binance Spot. Users can still trade these tokens against other pairs.

Margin Platform Changes

Six margin trading pairs will be delisted effective July 17 at 06:00 UTC: 1INCH/USDC, LPT/USDC, MAGIC/USDC, MASK/USDC, SUSHI/USDC, and USDP/USDT. The margin delisting takes effect three hours after the spot delisting.

Reasons Behind the Action

The reasons for delisting may vary from poor liquidity to low trading volume. Binance conducts these periodic reviews to evaluate market conditions and maintain trading quality across its platforms. The exchange regularly assesses every listed pair to ensure it meets operational standards.