Topic: Binance delisting trading pairs - page 3. (Read 463 times)
If the exchanges have a low volume trade, the exchanges will delist the coin/tokens because they think that they cannot make a profit from those coins/tokens. It's normal to see that, and if you remember, the other exchanges were already delisting the other coins too because of the low volume trade. We will see another delist from the exchanges in the future so that's good for the exchanges itself because they can get a fresh list to make a profit.
It means that Harmony, Wink, Elrond and so on will not be delisted but only there will be less pairs to trade? That is not a problem definetely because you can switch between BTC and USD instantly 
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I personally think this is a very nice initiative from Binance. Time to time clean up is absolutely necessary. Why wasting platform with non performing assets. Instead give opportunity to new ones which might shine.
They have a good point and I think it is a good idea so there will be more opportunities to traders because some pairs are really just a waste because few people use it to trade.
Those trading pairs have low volume right now. That's why binance has decided to delist those trading pairs. I think this is not a bad dession. Because binance is one of the top exchange in the crypto market. They are improving the quality of the exchange. The next thing is other binance listed coin's projects are work and update day by day to get more volume of their coins.
If you are someone who owns an exchange platform, it would make sense to remove pairings that does not generate enough volume. Why maintain something that is no longer beneficial to the platform? It should not be a problem for the affected pairings also. I believe they still have the option to request again once there is consistent demand for another pairing.
Let's put this one the main aims of the team.
Those teams were creating such request to binance to do that and in my understand if those coins are facing a big problem due to the decrease of the daily trade volume. The teams are thinking if they can put only in a few trading pair and there will be a chance to build good liquidity in the market.
Remember about the various kind of trading pairs will be dividing the total volume into the small parts.
That's why even ERD and bittorrent created such request for binance.
To make the trade volume becomes centralized and those projects hope if this will increase the liquidity.
They are aware about the possibility of big spread that will be created due to the low daily trade volume and big spread between buying and selling order. In that situation, the token can be dumped easily.
Those teams were creating such request to binance to do that and in my understand if those coins are facing a big problem due to the decrease of the daily trade volume. The teams are thinking if they can put only in a few trading pair and there will be a chance to build good liquidity in the market.
Remember about the various kind of trading pairs will be dividing the total volume into the small parts.
That's why even ERD and bittorrent created such request for binance.
To make the trade volume becomes centralized and those projects hope if this will increase the liquidity.
They are aware about the possibility of big spread that will be created due to the low daily trade volume and big spread between buying and selling order. In that situation, the token can be dumped easily.
Here we go again, binance exchange decided to delist 30 different types of trading pairs on its platform and six of those trading pairs involve tokens launched on Binance Launchpad Initial Exchange Offering (IEO) platform, namely BitTorrent, Elrond, Harmony and WINk.
The trading pairs are mostly TUSD and USDC pairs and Binance claimed that the pairs were being removed to improve liquidity and user trading experience and that the choice of trading pairs was as requested by most project teams.
Why would the project teams want such? what am i missing here? anyone?
Read the full news through the link below
https://cointelegraph.com/news/binance-delists-trading-pairs-some-include-tokens-from-its-launchpad/amp
The trading pairs are mostly TUSD and USDC pairs and Binance claimed that the pairs were being removed to improve liquidity and user trading experience and that the choice of trading pairs was as requested by most project teams.
Why would the project teams want such? what am i missing here? anyone?
Read the full news through the link below
https://cointelegraph.com/news/binance-delists-trading-pairs-some-include-tokens-from-its-launchpad/amp
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