Binance recently declared that some alternate coin pairs will be withdrawn from the existing liquidity pool. Like any other official move by this influential trading platform, this measure was taken in order to enhance trading conditions and guarantee optimal liquidity. The aforementioned liquidity pools – BEL/USDT, FTM/BUSD, FUN/USDT, GMT/BNB, GMT/ETH, HFT/USDT, IDEX/USDT, LEVER/USDT, MAGIC/BTC, MANA/BUSD, OP/BUSD and XRP/BUSD – will cease operations from 17-10-2023 07:00. The assets of users with active positions in the mentioned liquidity pools will be automatically transferred to their spot wallets. Note that the removal of these liquidity pools will not affect trading activities on Binance Spot. On the other hand, users will still have the option to engage in trading activities in other available liquidity pools on Binance Liquid Swap.

From 13-10-2023 07:00 onwards, users are not given the option to inject liquidity to the removed liquidity pools. Publishing this notice, Binance provides users with the opportunity to withdraw their resources from the withdrawn liquidity pools before the given deadline (17-10-2023 07:00).

This step by Binance Liquid Swap is meant to ensure that its users don't face any difficulties while trading on the platform. The goal of the platform is to provide the users with an ideal trading environment and Binance takes bold steps to make this possible. Although this is not a suggestion for investment, users can always have confidence that their transactions will be carried out efficiently and with full security.



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