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Which Currencies Are Removed By Binance?

which currencies are removed by binance?

Binance is undoubtedly the most popular and largest cryptocurrency exchange in the world. Every day, a new topic is discussed in this dialogue. This time, it is rumored that delist news will be released. So, which coins will be delisted?

This process has been expected for a long time.

This morning, the cryptocurrency exchange announced that three altcoin pairs will be delisted. The exchange is expected to begin the delisting process on March 2, 2023. Binance announced the delisting of the following cryptocurrencies.

  • BurgerCities (BURGER) / Ethereum (ETH)
  • Clover Finance (CLV) / BNB Coin (BNB).
  • Powerpool Protocol (CVP) / Ethereum (ETH).

Users can still trade the above assets through other available trading pairs on Binance. The exchange announced that it will discontinue strategy trading services for certain linked spot trading pairs as of 06:00 on March 2, 2023. The exchange advises its clients to update or terminate their trading strategies prior to the discontinuation of strategy trading services to avoid potential losses.

which currencies are removed by binance?

Integration Of The Exchange’s SYN platform

Meanwhile, the exchange has integrated Synapse (SYN) with Binance Convert. Users can now use SYN to trade BTC, USDT, and other tokens supported by Binance Convert for free. It was February 22 when the exchange added Synapse (SYN). According to experts, Synapse is an interoperability protocol that aims to securely transfer random data between blockchains.

Using the Nervos Network (CKB).

Binance has just released a new statement. According to the statement, information about the Nervos Network (CKB) has been added to the exchange. The exchange will launch a permanent futures contract for CKB on March 1 at 3:00 pm. The contract will offer up to twenty times leverage. The details of this development are described in the table below.

A multi-asset feature has been introduced with the permanent futures contract CKBUSDT. In multi-asset mode, CKBUSDT perpetual futures contracts can be traded in multiple collateralized assets, subject to appropriate deductions. For example, when multi-asset mode is enabled, clients can use bitcoin as collateral when trading CKBUSDT perpetual futures contracts.

Nervos Network describes itself as a public, open-source blockchain ecosystem and protocol library. The Nervos CKB (Common Knowledge Base) forms Layer 1 of Nervos’ public blockchain technology, while Layer 2 provides smart contracts and scalability, as well as the security, immutability, and permission-free properties of Bitcoin and storage of arbitrary crypto assets.

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