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Crypto
Binance to end trading in 3 stablecoin spot pairs on Sept 11
Binance will end trading in three spot trading pairs with low volume and liquidity: OPEN/FDUSD, SAGA/FDUSD and VELODROME/USDC, starting Sept. 11, U.Today reported. The move does not delist the underlying tokens, which will remain tradable on other pairs such as USDT or BTC. Binance said it regularly reviews liquidity and trading volume and shifts activity to more active pairs. It will also automatically shut spot trading bots linked to the affected pairs.
Crypto
Binance to delist seven spot trading pairs on Aug. 14, to phase out six tokens
Global cryptocurrency exchange Binance will halt trading in seven spot trading pairs, including APT/BTC and AR/BTC, on Aug. 14 local time. The move follows a regular review and targets pairs with low liquidity and trading volume, Binance said. Spot trading bot services for the affected pairs will also end. Later this month Binance plans to delist all spot pairs for six cryptocurrencies, fully ending spot trading in those tokens and setting deposit and withdrawal deadlines.
Crypto
Binance to distribute $800,000 worth of XRP in rewards campaign with strict KYC, volume and residency criteria
Binance has launched an XRP rewards campaign worth a total of $800,000, but participation is limited to users who meet strict criteria including residency, customer identity verification and trading requirements. Eligible users must hold at least 0.01 RLUSD in certain accounts and post average daily trading volume of at least $500 on margin or futures, using RLUSD as collateral. Rewards are calculated using the day’s lowest balance and can be reduced for funds converted from borrowed stablecoins.
