Binance Removes Major Liquidity Pools In BUSD Pairs
Binance, the world's largest cryptocurrency exchange, has announced the removal of certain liquidity pools on its Binance Liquid Swap platform. The affected pools include major cryptocurrencies such as Bitcoin, Ethereum, BNB, Cardano, Polygon, Solana, Shiba Inu, and Dogecoin. The move is part of Binance's strategy to end BUSD stablecoin support by February 2024. Users will no longer be able to add liquidity to the affected pools from October 23, and those holding positions in these pools will receive their deposited assets in their spot wallets by October 27.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Citi: Investors should stay away from risky assets after Trump's tariff announcement
ARB falls below $0.3
US Passes STABLE Act to Regulate USD-Pegged Stablecoins
The US House Financial Services Committee passed the STABLE Act with a 32-17 vote after a 13-hour discussion led by Rep. French Hill.
Zoop and HBAR Foundation Team Up to Acquire TikTok from ByteDance
Trending news
MoreCrypto prices
More
