BinanceUS Reverses Decision: No Removal of USDT Advanced Trading Pairs

Rapid Binance Withdrawals Cause Stir with $150 Million BTC Movement
  1. BinanceUS retracts earlier decision to remove USDT Advanced Trading pairs due to community feedback.
  2. Select BTC and BUSD Advanced Trading pairs to be removed, not USDT pairs.
  3. Binance.US streamlines Buy, Sell & Convert offerings, pauses OTC Trading Portal.

Binance.US, in a swift response to community feedback, has decided not to proceed with the removal of any USDT Advanced Trading pairs. The decision comes in stark contrast to an earlier announcement where Binance expressed plans to remove a number of trading pairs, including popular crypto pairs such as AAVE/USDT, AXS/USDT, BCH/USDT, ATOM/BTX, DOT/BTC, and UNI/BTC.

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However, as per the latest update, select BTC and BUSD Advanced Trading pairs will be removed on June 8, 2023, at 9 a.m. PDT / 12 p.m. EDT. Binance.US has also decided to streamline its Buy, Sell & Convert offerings and has paused its OTC Trading Portal, in efforts to deliver enhanced user experience. Despite these changes, users’ assets remain secure with Binance.US, and deposits and withdrawals continue to function as normal.

Amid escalating tensions with the US SEC, the future of Binance in the crypto landscape remains positive. By valuing community feedback and adjusting its decisions accordingly, Binance displays its commitment to user-centricity.

It is this agile response to users and the ability to continuously evolve its offerings that will continue to reinforce Binance’s position as a leading player in the crypto space.

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