In a strategic move aligning with current market trends, Binance, the world’s largest cryptocurrency exchange, has announced the addition of five new spot trading pairs, set to launch on December 24. The listings for ADA/USD1, ASTER/USD1, LUNA/USDC, LUNC/USDC, and ZEC/USD1 have already catalyzed positive price action for the involved assets, underscoring the powerful ‘Binance effect.’ However, the new services will not be available to users in several restricted jurisdictions, including the United States and Canada.
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0 posts last weekBinance Delists BAKE, HIFI, SLF: Prices Plummet 20%+
Binance’s decision to delist BAKE, HIFI, and SLF due to unmet platform criteria caused significant price declines, with BAKE dropping 26% to a multi-year low. The exchange also warned users about phishing scams involving fake support calls, briefly paused futures trading due to a technical issue, and added support for WLFI across multiple services. Despite initial backing, WLFI’s price declined 9% daily. The delisting highlights Binance’s periodic review process and its market impact on smaller cryptocurrencies.
about Binance Delists BAKE, HIFI, SLF: Prices Plummet 20%+