One of the biggest cryptocurrency exchange in the world, Binance, has declared that it will be delisting a number of liquidity pools, including for the well-known assets like Chainlink (LINK), Cardano (ADA), and Shiba Inu (SHIB).
Binance regularly evaluates the liquidity pools it provides to maintain a smooth and effective trading environment. The primary objectives of these reviews are to concentrate liquidity, reduce slippage, and provide users with better transaction prices, as stated by Binance.
In Binance’s latest review, there are other liquidity pools, including BNB/BUSD, BTC/BUSD, BUSD/DAI, BUSD/USDT, DOGE/BUSD, ETH/BUSD, FIL/BUSD, GMT/BUSD, HOOK/BUSD, LINK/BUSD, LTC/BUSD, MATIC/BUSD, POND/BUSD, SHIB/BUSD, SOL/BUSD and UNI/BUSD.
The following liquidity pools will be eliminated by Binance Liquid Swap on October 27, 2023, at 4:00 (UTC). Additionally, the individuals who are invested in these liquidity pools, their deposited assets would be automatically transferred to their spot wallets at the same time.
Yet, if applicable, the trading of the associated pairs on the Binance spot will remain unaffected by the removal of these liquidity pools. Users can continue to trade these pairs in the same way as before. Binance has removed Sonm (SNM), Serum (SRM), and DFI.Money (YFII) from its exchange in August.Â
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