Binance Delisting Alert: COS/BTC and FXS/BTC Trading Pairs to be Removed!

Last updated: November 6, 2024 10:33 am

Published November 6, 2024

Major cryptocurrency exchange Binance routinely reviews and adjusts its listed trading pairs, removing those with low liquidity or trading volume. Based on its latest review, Binance announced the delisting of the COS/BTC and FXS/BTC spot trading pairs, effective on 8 November 2024 at 04:00 UK time. This decision means trading on these pairs will cease on the platform.

Contents

How Will This Delisting Affect Users?
Important Notice for Spot Trading Bot Users

How Will This Delisting Affect Users?

Binance users will still be able to trade COS and FXS in other available pairs on the platform. The delisting only impacts the specific COS/BTC and FXS/BTC spot pairs, so users can continue incorporating these assets into their portfolios through alternative trading pairs.

In addition, Binance confirmed that it would disable any active Spot Trading Bots associated with these pairs on the same date. Users are encouraged to review and, if necessary, update or deactivate their trading bots before the removal date to avoid potential losses.

Important Notice for Spot Trading Bot Users

Binance advised its users to check their Spot Trading Bots by 8 November 2024 to avoid any disruptions or unintended losses. Users with open positions in these pairs should carefully review and finalize any necessary actions to adapt to these changes.

Despite Binance’s delisting announcement, both COS and FXS tokens are showing upward momentum. CoinMarketCap data shows COS rising by 7.29% over the past 24 hours, now trading at $0.006817. Similarly, FXS has climbed 10.33% to $1.82, reflecting positive market sentiment.

Binance, delisting, COS/BTC, FXS/BTC, Spot Trading Bots

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ByCamila Santos

Camila Santos is a blockchain and cryptocurrency specialist with 9 years of experience in the field. Starting her career in the financial sector, Camila quickly became interested in the potential of blockchain to revolutionize finance. She has since been involved in several high-profile blockchain projects, including the development of decentralized platforms and financial products. Her expertise spans across blockchain governance, smart contracts, and the broader implications of blockchain for the global financial system. At DT NEWS, Camila provides readers with expert analysis and commentary on the latest developments in the blockchain and cryptocurrency industries, ensuring they stay informed about key trends.