Binance Delisting News: Major Cryptos Dropped Amid Market Efficiency Drive
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 21 2024Binance Delisting Announcement: Binance has announced the delisting of nine trading pairs, including notable cryptocurrencies like ARKM and IOTA, starting August 23, as part of its efforts to enhance market efficiency and protect users by maintaining high trading standards.
Market Reaction and User Guidance: The announcement has caused initial price volatility in the crypto community, prompting Binance to advise users to adjust their trading strategies, especially those using automated bots, as these services will also be terminated for the affected pairs.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
