Binance.US delists 40 trading pairs, pauses OTC trading

• Binance.US will delist advanced trading pairs of coins such as AAVE, BCH and MKR on June 8th.
• The 40 coins to be delisted are from advanced trading pairs of USDT, BTC and BUSD.
• Binance.US has also suspended over-the-counter trading, but said that withdrawals and deposits are still possible.

Binance.US, the U.S. subsidiary of the world’s largest cryptocurrency exchange Binance, has announced that it will delist 40 trading pairs.

The exchange also revealed it had suspended over-the-counter trading, a news that comes a day after the SEC sought to freeze the company’s assets following a lawsuit against Binance and its CEO Changpeng Chao.

“After careful consideration, Binance.US will remove some advanced trading pairs on June 8, 2023 at 9am PDT/12pm EDT., the exchange wrote in a notice to users.

“We also decided to streamline our buying, selling and conversion services and suspended our OTC trading portal. Binance.US keeps your assets safe and your deposits and withdrawals continue to work as normal.

according to the notice published The advanced trading pairs that Binance.US plans to delist on Wednesday, June 7, 2023 are the 40 altcoin pairs of USDT, BTC and BUSD.

The majority of the pairs, 30, are for USDT and include 1INCH/USDT, AAVE/USDT, BCH/USDT, CHZ/USDT, COTI/USDT, MANA/USDT, MKR/USDT, and ZEC/USDT.

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The platform also delisted 8 BTC pairs and 2 BUSD pairs, the former including ATOM/BTC, BCH/BTC, DOT/BTC, LRC/BTC, MANA/BTC, UNI/BTC and VET/BTC. , including XTZ/BTC. The BUSD stablecoin pairs to be removed are HBAR/BUSD and ONE/BUSD.