Binance, the world’s largest cryptocurrency exchange, has issued a warning to traders that it will delist several spot trading pairs on April 11, including pairs involving ACT, ALPHA, BLUR, PENGU, and others.
According to a notice posted on April 9, the delisting will go into effect on April 11 at 03:00 UTC. The trading pairs being removed include:
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ACT/BRL
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ALPHA/BTC
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BLUR/BTC
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CELR/BTC
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PENGU/BNB
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POND/BTC
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RUNE/BNB
The exchange also confirmed that spot trading bot services for the affected pairs will be terminated simultaneously, advising users to update or cancel their bots before the deadline to avoid unexpected losses.
Why Is Binance Delisting These Pairs?
While Binance did not give a specific reason for each delisting, it cited “multiple factors, such as poor liquidity and trading volume” as part of its regular review process for listed trading pairs. This is in line with Binance’s routine delisting policies, which aim to maintain a high-quality trading environment.
The move comes shortly after heightened volatility for some of the tokens involved. Notably, the team behind ACT (Act I: The AI Prophecy) announced an investigation into a sharp 50% price crash on the ACT/USDT pair on April 1, which occurred within 30 minutes of trading.
Between April 1 and April 3, several altcoin pairs on Binance experienced sudden drops ranging from 20% to 50%, prompting speculation about potential manipulation or liquidity issues on the platform.
Market Reaction: Minor Gains, One Decline
Interestingly, most of the affected tokens saw modest price gains after the announcement:
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RUNE (THORChain): +1.3%
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ACT: +1.1%
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CELR: +0.2%
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BLUR: +0.1%
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PENGU (Pudgy Penguins): No price movement
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POND: -0.7%
Though minimal, the uptick may reflect short-term buying pressure as traders reposition before the pairs are removed.
What This Means for Traders
If you’re trading any of the affected pairs, be sure to:
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Cancel or reconfigure your spot trading bots linked to the delisted pairs.
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Withdraw or convert your assets before liquidity disappears.
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Monitor for updates or alternative trading pair listings, if available.
For more insights and live updates on delistings, volatility events, and token performance, follow us at TheCoinInfo.
