Binance XEM/BTC pair will be removed on 2022-11-28 08:00 GMT+5. Please be aware of possible risks.
Does anyone know the reason?
Do you have a link to the source of this information?
The only risk is that if the delisting happens, then the price of XEM will finally slide close to zero. Now it costs only $0.03.
Here's what I was able to google:
"
Fellow Binancians,
Binance will remove and cease trading on the following trading pairs at 2022-11-28 03:00 (UTC):
Spot Pairs: ARK/BTC, BEAM/BTC, BTCST/BTC, BTCST/USDT, GTO/BTC, GTO/USDT, MITH/BTC, MITH/BNB, PERL/BTC, PNT/BTC, REP/BTC, SRM/BNB, SRM/BTC, SRM/USDT, TRIBE/USDT, XEM/BTC".
Source: https://www.binance.com/en/support/announcement/notice-of-removal-of-trading-pairs-2022-11-28-f88299165488493cba3e53208c19080dThis appears to be true, but without giving reasons for the delisting.
Reason is probably due to low volume.. at least the XEM/USDT pair is still there.