Post
Topic
Board Trading Discussion
Re: Binance Notice of Removal of Trading Pairs
by
Coin_trader
on 30/09/2019, 05:45:24 UTC
So what was needed to list? Sometimes I don't think, what does this binance really want?
Quote
To improve liquidity and user trading experience among our wide range of available assets, Binance will remove and cease trading on the following trading pairs (as requested by most project teams) at 2019/09/30 8:00 AM (UTC):

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, NPXS/BTC, ONE/PAX, ONE/TUSD, PHB/PAX, PHB/USDC, TFUEL/PAX, TFUEL/TUSD, TFUEL/USDC, WAVES/PAX, WIN/BTC.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2019/09/30


There is actually a guideline on how to list coin/token in binance which can be found in the exchange itself, but you can refer directly here: https://www.binance.com/userCenter/coinApply.html. The most important thing to consider in able to list token there is the LISTING FEE which is incredibly high or goes through their launchpad and let them run IEO for you, In that way, Your token will be automatically listed, I'm not sure the process of payment but I think they will just cut a certain percentage on the total accumulated funds during IEO.



Regarding on the delisting process, As per statement above, Binance always delist token pairs which has no liquidity for a certain period of time that's why they always consider the volume of the community that actively talking about the token so that they can guarantee that the trading volume will be sustain on daily basis or else the project pay Extra Fee for the listing fee, I belive binance don't fckn care about the project background itself since I can see some shit project that still listed there.