A few hours ago Binance announced the delisting of several trading pairs.
As can be read in the press release, the choice of removing pairs of certain assets from trading was motivated by a lack of liquidity and to try to improve the user experience.
The pairs removed from trading starting today are: ANKR/PAX, ANKR/TUSD, ANKR/USDC, BCPT/PAX, BCPT/TUSD, BCPT/USDC, BTT/BTC, DENT/BTC, DOGE/PAX, DOGE/USDC, ERD/PAX, ERD/USDC, FTM/PAX, FTM/TUSD, FUEL/ETH, GTO/PAX, GTO/TUSD, GTO/USDC, LUN/ETH, NCASH/BNB, ONE/PAX, ONE/TUSD, PHB/PAX, PHB/USDC, TFUEL/PAX, TFUEL/TUSD, TFUEL/USDC, WAVES/PAX, WIN/BTC and NPXS/BTC.
In the meantime, Pundi X, in conjunction with the announcement of Binance, explained what happened, trying to respond to the concern of users, as stated by the CEO, Zac Cheah:
“After consulting advisors’ opinions and taking community’s concern into consideration, we have made a hard but essentially we believe is the right decision.”
This event will surely please Calvin Ayre, a strong supporter of Bitcoin Satoshi Vision (BSV), who in some of his recent comments has turned against Binance, calling it a token casino.
“CZ’s entire business model is based on a speculative casino of tokens that have zero value. They manipulate the token prices to harvest all the traders who are sold messages to do the opposite of what the house needs for its scams.”
This resentment is certainly understandable also because, as we know, a couple of months ago Binance decided to delist BSV, which caused the price of the crypto to fall considerably.