Binance.US will close trading of 40 currency pairs and OTC trading at once

Binance.US will close trading of 40 currency pairs and OTC trading at once

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Author: Robert Strickland (crypto-journalist)
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Binance.US will close trading of 40 currency pairs and OTC trading at once
The U.S. division of the cryptocurrency exchange Binance will close trading 40 currency pairs
The U.S. division of the cryptocurrency exchange significantly reduces the number of trading pairs, puts limits on an internal exchange, and stops the service OTC

After the sensational lawsuit against the world's largest cryptocurrency exchange Binance and its head Changpen Zhao, the American division of the exchange Binance.US on June 8 will remove immediately 40 trading pairs, which were previously available to traders.

Most of them will use stablecoin USDT as the base currency, while others will use bitcoin and stablecoin BUSD. Among the most capitalized coins on the list are Polkadot (DOT), Axie Infinity (AXS), Aave (AAVE), 1inch (1INCH), as well as FLOW, EOS, NEO, and others. The full list of assets to be delisted is published on the exchange's blog.

In addition, the exchange will reduce the number of assets available for direct conversion and limit the maximum amount of exchange to $10,000. The platform will also suspend the work of over-the-counter (OTC) trading.

According to the exchange, assets on Binance.US will remain safe and deposits and withdrawals will continue to function as normal. use stablecoin USDT as the base currency, while others will use bitcoin and stablecoin BUSD. Among the most capitalized coins on the list are Polkadot (DOT), Axie Infinity (AXS), Aave (AAVE), 1inch (1INCH), as well as FLOW, EOS, NEO, and others. The full list of assets to be delisted is published on the exchange's blog.

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