Binance Notice of Removal of Trading Pairs

[posi]

I think delisted coin is not a surprise. Coins that not have volume for long time or maybe blockchain error and make it die, usually delisted. I think it is good, maybe with delisted some coins means Binance will have space to listed new coins. I think out there a lot of coins is valuable to get better exchanges like Binance and other exchanges. So, not surprised me when an exchange delisted coins pair.

Every exchange site have there own listing rules and regulations once the coin listed team broke their part of the deal and warn about it but didnt make an amendment the next thing is delisting. Therefore, trade volume level or Blockchain error are not the factors which lead to an exchange delisting

[EdenHazard]

for what i understood they will only delist the pair not the coin right?

Correct, most of the removals are stablecoin markets. Bad sign for USDC, PAX, and TUSD. Tether continues to dominate.

It's a bit weird seeing them remove BTC base pairs (for BTT, DENT, WIN) but it looks like every coin mentioned will still have some listing on Binance.

They just want to focus on trading volume and liquidity for better trading pairs, rather than having to split them into many different trading pairs. This will not affect that project.

I've got similar answer when I was attending the binance meetup few months ago .. it's indeed they want a better quality market volume and instead having too much pair with those new stable coins, they choose usdt as the main focus.

I don't know if they have some 'under table' deal with tether ltd.  I won't make any wild speculation here, I don't want to

It's also confusing for the newcomers when there a lot of similar usd stable coin pairs like usdt, tusd, usdc etc. Not really effective to trade with such low volume.. as the volume is separated and for me personally it's hard to take an opportunity to make some profit when there's a low volume.

[Kemarit]

Perhaps it has something to do with the BTI reports for the month of September.

(http://www.bti.live/Binance-exchange/)

some example, BTT/BNB, volume = %0.02
DENT/BTC, volume =  0.07
WIN/BTC, volume = %0.02

Maybe they wanted to see more liquidity on those coins, unfortunately they deem it's not enough so they de-list it. Or it could be that some coins are under the suspicion of being manipulated from behind, it could affect their record on the block transparency report. It doesn't matter how much fees they require in the beginning, it's how this coins performed on their platform.

[ardentvolcanoes]

I think delisted coin is not a surprise. Coins that not have volume for long time or maybe blockchain error and make it die, usually delisted. I think it is good, maybe with delisted some coins means Binance will have space to listed new coins. I think out there a lot of coins is valuable to get better exchanges like Binance and other exchanges. So, not surprised me when an exchange delisted coins pair.

Every exchange site have there own listing rules and regulations once the coin listed team broke their part of the deal and warn about it but didnt make an amendment the next thing is delisting. Therefore, trade volume level or Blockchain error are not the factors which lead to an exchange delisting

That's gonna be the reason behind, there's sets of rulings which every coins that's listed inside the exchange needs to comply, breaking or missing the rule will result being delisted. The team's needed to follow whatever the exchange wanted to implement insides their platform, anything that don't have any good volumes will be replaced.
Binance is a business and they will find those profitable pairs to stay and provide space for newcomers after removing the other non workable ones.

[Pearls Before Swine]

for what i understood they will only delist the pair not the coin right?

That's what it looks like to me, and if true it isn't really a big deal.  None of those coins are being delisted, and there probably wasn't much trading with those pairs anyway.  It's a non issue.

I don't know if they have some 'under table' deal with tether ltd.  I won't make any wild speculation here, I don't want to

It's also confusing for the newcomers when there a lot of similar usd stable coin pairs like usdt, tusd, usdc etc. Not really effective to trade with such low volume.. as the volume is separated and for me personally it's hard to take an opportunity to make some profit when there's a low volume.

Not likely that they have some sort of nefarious deal behind the scenes, but I would never rule it out.  Binance is one of the few legitimate exchanges out there and I think they're governmentally regulated and thus would want to comply with the rules.  I have never used a stablecoin but I suppose if I had to, it would be USDT.  It doesn't matter how many there are, and it really isn't confusing even to a newcomer.

Binance was great when I was able to use it without going through the KYC process (live in the US).  I gained even more confidence in them after they survived that 7000BTC hack.  Let 'em delist pairs all they like, because you can still trade the coins even though it might be a little more inconvenient.

[Emperor of Man]

I think NPXS team had an announcement that said they have known and agreed to this change, which is being performed to bring liquidity to the remaining pairs and all that.

But people do talk, and one of the believable theories is that binance didn't want any BTC pair over there to go to 1 satoshi (or less).

[yangongear]

I've got similar answer when I was attending the binance meetup few months ago .. it's indeed they want a better quality market volume and instead having too much pair with those new stable coins, they choose usdt as the main focus.

I don't know if they have some 'under table' deal with tether ltd.  I won't make any wild speculation here, I don't want to

It's also confusing for the newcomers when there a lot of similar usd stable coin pairs like usdt, tusd, usdc etc. Not really effective to trade with such low volume.. as the volume is separated and for me personally it's hard to take an opportunity to make some profit when there's a low volume.

Yes the problem here is almost new traders just know about USDT as a stable coin, when they first learned about it. They will only use USDT pair for trading, that's why the other stable coins doesn't have volume.