Post
Topic
Board Trading Discussion
Re: Binance Notice of Removal of Trading Pairs
by
EdenHazard
on 01/10/2019, 21:42:42 UTC
for what i understood they will only delist the pair not the coin right?

Correct, most of the removals are stablecoin markets. Bad sign for USDC, PAX, and TUSD. Tether continues to dominate.

It's a bit weird seeing them remove BTC base pairs (for BTT, DENT, WIN) but it looks like every coin mentioned will still have some listing on Binance.
They just want to focus on trading volume and liquidity for better trading pairs, rather than having to split them into many different trading pairs. This will not affect that project.
I've got similar answer when I was attending the binance meetup few months ago .. it's indeed they want a better quality market volume and instead having too much pair with those new stable coins, they choose usdt as the main focus.

I don't know if they have some 'under table' deal with tether ltd.  I won't make any wild speculation here, I don't want to Grin

It's also confusing for the newcomers when there a lot of similar usd stable coin pairs like usdt, tusd, usdc etc. Not really effective to trade with such low volume.. as the volume is separated and for me personally it's hard to take an opportunity to make some profit when there's a low volume.