Binance, the world’s largest cryptocurrency exchange, continues to cut back on its platform. According to an announcement published Wednesday (30), an additional 10 trading pairs will be removed later this week.
The affected cryptocurrencies have the most diverse market capitalizations. At the top is the Klaytn (KLAY)the 74th largest on the market, on the other hand Ellipsis (EPX)which, with a market capitalization of only $11.6 million, occupies the 713th position.
In any case, Binance notes that such cryptocurrencies can still be traded through other pairs. That is, it is not a complete removal.
The 10 cryptocurrency pairs removed by Binance
Cryptocurrency exchanges regularly add and remove trading pairs from their platforms. In the case of takedowns, one of the most common reasons is low volume, which seems to be the case in Binance’s recent decision, which did not disclose the reasons.
According to the official note, the couples ANKR/BNB, CVC/BUSD, EPX/BUSD, HIVE/BUSD It is IOTA/BNB will be removed at midnight on September 1 (Friday), Brasilia time. The couples already KLAY/BUSD, LRC/BNB, MBL/BUSD, MTL/ETH It is A/BUSD will be deleted at 1 a.m. the same day.
Therefore, the affected currencies are as follows:
- Klaytn (KLAY) — 74th in the CoinMarketCap Ranking;
- Iota (IOTA) — 75th in the CoinMarketCap ranking;
- Loop Ring (LRC) — 111th on CoinMarketCap;
- Ankr (ANKR) — 130th in the CoinMarketCap ranking;
- Hive (HIVE) — Ranked 158th on CoinMarketCap;
- UMA (UMA) — 183rd in the CoinMarketCap Ranking;
- Metal DAO (MTL) — Ranked 262nd by CoinMarketCap;
- Civic (CVC) — 278th in the CoinMarketCap ranking;
- MovieBlock (MBL) — 367th in CoinMarketCap Ranking;
- Ellipsis (EPX) — 713th in the CoinMarketCap ranking.
When Bitcoin experienced a huge rally this Tuesday (29) due to Grayscale’s victory over the SEC in court, the entire market was affected. Therefore, the 10 cryptocurrencies whose pairs were removed by Binance are also operating slightly higher this Wednesday (30).
“Users are strongly advised to upgrade and/or cancel their Spot Trading Bots prior to the termination of the Spot Trading Bots services to avoid potential losses”emphasized Binance in its announcement, which can be read on the exchange’s official website.
Finally, Binance remains dominant in the market. According to a recent study by CryptoQuant, the Changpeng Zhao exchange has 556,300 bitcoins in its reserves, an increase of 12.2% compared to the same period last year, close to the date of the bankruptcy of one of its biggest rivals, FTX.
Source: Live Coins

Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.