Binance Notice of Removal of Trading Pairs

[ScamViruS]

So what was needed to list? Sometimes I don't think, what does this binance really want?

To improve liquidity and user trading experience among our wide range of available assets, Binance will remove and cease trading on the following trading pairs (as requested by most project teams) at 2019/09/30 8:00 AM (UTC):

ANKR/PAX, ANKR/TUSD, ANKR/USDC, BCPT/PAX, BCPT/TUSD, BCPT/USDC, BTT/BTC, DENT/BTC, DOGE/PAX, DOGE/USDC, ERD/PAX, ERD/USDC, FTM/PAX, FTM/TUSD, FUEL/ETH, GTO/PAX, GTO/TUSD, GTO/USDC, LUN/ETH, NCASH/BNB, NPXS/BTC, ONE/PAX, ONE/TUSD, PHB/PAX, PHB/USDC, TFUEL/PAX, TFUEL/TUSD, TFUEL/USDC, WAVES/PAX, WIN/BTC.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2019/09/30

[electronicash]

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

those paired with BTC and USDT would have less chance to rise again. less volume to the coins when that happen. this is another reason for coins to drop again. all the reason to dip has been made over the past years and it was said in the news that binance will be closed for 12 months?

[Coin_trader]

So what was needed to list? Sometimes I don't think, what does this binance really want?

To improve liquidity and user trading experience among our wide range of available assets, Binance will remove and cease trading on the following trading pairs (as requested by most project teams) at 2019/09/30 8:00 AM (UTC):

ANKR/PAX, ANKR/TUSD, ANKR/USDC, BCPT/PAX, BCPT/TUSD, BCPT/USDC, BTT/BTC, DENT/BTC, DOGE/PAX, DOGE/USDC, ERD/PAX, ERD/USDC, FTM/PAX, FTM/TUSD, FUEL/ETH, GTO/PAX, GTO/TUSD, GTO/USDC, LUN/ETH, NCASH/BNB, NPXS/BTC, ONE/PAX, ONE/TUSD, PHB/PAX, PHB/USDC, TFUEL/PAX, TFUEL/TUSD, TFUEL/USDC, WAVES/PAX, WIN/BTC.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2019/09/30

There is actually a guideline on how to list coin/token in binance which can be found in the exchange itself, but you can refer directly here: https://www.binance.com/userCenter/coinApply.html. The most important thing to consider in able to list token there is the LISTING FEE which is incredibly high or goes through their launchpad and let them run IEO for you, In that way, Your token will be automatically listed, I'm not sure the process of payment but I think they will just cut a certain percentage on the total accumulated funds during IEO.


Regarding on the delisting process, As per statement above, Binance always delist token pairs which has no liquidity for a certain period of time that's why they always consider the volume of the community that actively talking about the token so that they can guarantee that the trading volume will be sustain on daily basis or else the project pay Extra Fee for the listing fee, I belive binance don't fckn care about the project background itself since I can see some shit project that still listed there.

[jhenfelipe]

So what was needed to list?

Literal answer, you just need to apply and provide the coin information here if you want to list a coin. Well, the post above mine explains it further.

If you asked that because Binance are delisting several pairs, they have reasons. Maybe the said pairs have a little to no volume. Also, as stated "requested by most project teams", meaning it's not only Binance who decided to delist them.

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

Yes that's right.

it was said in the news that binance will be closed for 12 months?

Take a look at who said it and does he have an ulterior motive?

[ScamViruS]

I belive binance don't fckn care about the project background itself since I can see some shit project that still listed there.

I saw the same thing.I saw a lot of ieo projects that were common and seemed to be repeating.
However, no exchange should be trusted in crypto.

[Coin_trader]

I belive binance don't fckn care about the project background itself since I can see some shit project that still listed there.

I saw the same thing.I saw a lot of ieo projects that were common and seemed to be repeating.
However, no exchange should be trusted in crypto.

Yep so far, there is no regulated exchange in crypto space, But soon there will be, I don't want to drop name but there is some exchange working on acquiring a license which guarantees fair trading for all traders. No-wash trading from the bot and fake pump and dumps. I believe that this unregulated exchange will be extinct soon. Check out fun facts below;

Look at the trading volumes of Binance branches and you will see their problem (source: nomics daily view)
Binance Standard 650m

Binance Jersey: 0.13m (should be a bit regulated as they deal with fiat)

Binance dex: 0.6m

Binance US: 1.9m!!!  In the biggest crypto market with 28 pairs trading...that would I call not really successful. And here faking volumes is much more difficult and risky than their altcoin shitshow.

 

[MI6]

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.

[ScamViruS]

I belive binance don't fckn care about the project background itself since I can see some shit project that still listed there.

I saw the same thing.I saw a lot of ieo projects that were common and seemed to be repeating.
However, no exchange should be trusted in crypto.

Yep so far, there is no regulated exchange in crypto space, But soon there will be, I don't want to drop name but there is some exchange working on acquiring a license which guarantees fair trading for all traders. No-wash trading from the bot and fake pump and dumps. I believe that this unregulated exchange will be extinct soon. Check out fun facts below;

Look at the trading volumes of Binance branches and you will see their problem (source: nomics daily view)
Binance Standard 650m

Binance Jersey: 0.13m (should be a bit regulated as they deal with fiat)

Binance dex: 0.6m

Binance US: 1.9m!!!  In the biggest crypto market with 28 pairs trading...that would I call not really successful. And here faking volumes is much more difficult and risky than their altcoin shitshow.

 

They are now looking for market makers.They are willing to give them the maximum benefit. Don't know what's going on! Only binance can tell.
https://www.binance.com/en/support/articles/360034573691

As we strive to improve our services for users as well as bring more liquidity to our exchange, Binance is now looking for Market Markers globally. We wish to invite top-tier liquidity providers to our Binance.com Market Maker Program.

If your 30-day trading volumes exceed 1,000 BTC (or can achieve volumes of 1,000 BTC), and have quality market maker strategies, you can immediately join our Market Maker Program. Market Makers can enjoy trading fee reductions, as well as higher API limits.

[Coin_trader]

I belive binance don't fckn care about the project background itself since I can see some shit project that still listed there.

I saw the same thing.I saw a lot of ieo projects that were common and seemed to be repeating.
However, no exchange should be trusted in crypto.

Yep so far, there is no regulated exchange in crypto space, But soon there will be, I don't want to drop name but there is some exchange working on acquiring a license which guarantees fair trading for all traders. No-wash trading from the bot and fake pump and dumps. I believe that this unregulated exchange will be extinct soon. Check out fun facts below;

Look at the trading volumes of Binance branches and you will see their problem (source: nomics daily view)
Binance Standard 650m

Binance Jersey: 0.13m (should be a bit regulated as they deal with fiat)

Binance dex: 0.6m

Binance US: 1.9m!!!  In the biggest crypto market with 28 pairs trading...that would I call not really successful. And here faking volumes is much more difficult and risky than their altcoin shitshow.

 

They are now looking for market makers.They are willing to give them the maximum benefit. Don't know what's going on! Only binance can tell what's going on.
https://www.binance.com/en/support/articles/360034573691

As we strive to improve our services for users as well as bring more liquidity to our exchange, Binance is now looking for Market Markers globally. We wish to invite top-tier liquidity providers to our Binance.com Market Maker Program.

If your 30-day trading volumes exceed 1,000 BTC (or can achieve volumes of 1,000 BTC), and have quality market maker strategies, you can immediately join our Market Maker Program. Market Makers can enjoy trading fee reductions, as well as higher API limits.

I believe that they are slowly removing their fake volumes and change with the organic one. This is just my opinion but I think they are working to become fully compliance exchange, They are constantly moving their headquarters in different country to avoid a lawsuit for being unregulated exchange with high trading volume and they are smart enough to go to the right direction while they are still at there prime with fake volumes. Besides that, They are doing regular trading contest whenever a new coin is listed. This is the sign that there aiming to have an organic volume by using organic transaction from traders that participating in the contest.

[NathanJB]

So what was needed to list? Sometimes I don't think, what does this binance really want?

To improve liquidity and user trading experience among our wide range of available assets, Binance will remove and cease trading on the following trading pairs (as requested by most project teams) at 2019/09/30 8:00 AM (UTC):

ANKR/PAX, ANKR/TUSD, ANKR/USDC, BCPT/PAX, BCPT/TUSD, BCPT/USDC, BTT/BTC, DENT/BTC, DOGE/PAX, DOGE/USDC, ERD/PAX, ERD/USDC, FTM/PAX, FTM/TUSD, FUEL/ETH, GTO/PAX, GTO/TUSD, GTO/USDC, LUN/ETH, NCASH/BNB, NPXS/BTC, ONE/PAX, ONE/TUSD, PHB/PAX, PHB/USDC, TFUEL/PAX, TFUEL/TUSD, TFUEL/USDC, WAVES/PAX, WIN/BTC.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2019/09/30

The keyword here is liquidity. This must have something to do with volume therefore. So what is needed in terms of pair listing is a decent volume. As to how much is a decent volume. That is totally up to Binance's terms. But in the case of these specific delisted pairs, it is clearly noted that it is as per request of the project teams themselves and not because Binance decided to delist them.

When I look at the trading pairs, I can say that there must be low volumes to them because the pairs are not that popular. I can only see a couple of pairs with BTC, a couple of ETH, and one BNB. The rest are pretty much unpopular trading pairs.

[Coin_trader]

So what was needed to list? Sometimes I don't think, what does this binance really want?

To improve liquidity and user trading experience among our wide range of available assets, Binance will remove and cease trading on the following trading pairs (as requested by most project teams) at 2019/09/30 8:00 AM (UTC):

ANKR/PAX, ANKR/TUSD, ANKR/USDC, BCPT/PAX, BCPT/TUSD, BCPT/USDC, BTT/BTC, DENT/BTC, DOGE/PAX, DOGE/USDC, ERD/PAX, ERD/USDC, FTM/PAX, FTM/TUSD, FUEL/ETH, GTO/PAX, GTO/TUSD, GTO/USDC, LUN/ETH, NCASH/BNB, NPXS/BTC, ONE/PAX, ONE/TUSD, PHB/PAX, PHB/USDC, TFUEL/PAX, TFUEL/TUSD, TFUEL/USDC, WAVES/PAX, WIN/BTC.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2019/09/30

But in the case of these specific delisted pairs, it is clearly noted that it is as per request of the project teams themselves and not because Binance decided to delist them.

Answering this, I will spoil the facts about trading on binance. Binance will require that a token must maintain to a safe level of trading volume in able to keep the token listed and according to what I heard on some discussion in telegram, There is a monthly fee that charged to token owner. So basically low financial project will never gonna sustain the listing fee.

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This is just a rumor but the delisting main target is BTT/BTC pairs, other tokens is just a collateral damage.  

[exstasie]

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.

[NathanJB]

So what was needed to list? Sometimes I don't think, what does this binance really want?

snip

But in the case of these specific delisted pairs, it is clearly noted that it is as per request of the project teams themselves and not because Binance decided to delist them.

Answering this, I will spoil sa facts about trading on binance. Binance will require that a token must maintain to a safe level of trading volume in able to keep the token listed and according to what I heard on some discussion in telegram, There is a monthly fee that charged to token owner. So basically low financial project will never gonna sustain the listing fee.

---

This is just a rumor but the delisting main target is BTT/BTC pairs, other tokens is just a collateral damage. 

What do you mean collateral damage? Is there such a thing? If the basis is trading volume, then that means the numbers are the only consideration. If a pair has a good trading volume as per the standard of Binance, no way will it be delisted. If a pair has a very low trading volume, then it will be delisted regardless of whether it is paying a monthly fee or not. Binance is the leading exchange for now, it needs to set a high standard of liquidity and it will not stain its reputation for the sake of some fees from the token owners.

And if your source is some discussion in Telegram, its reliability is in big question.

Also, low financial projects will normally settle with other cheap exchanges, not the top one. Binance has the right to charge high.

[electronicash]

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.

DENT has a very high volume as far as i can remember, this token were one of the project sought to have great value since its useful in mobile users. and same with that BTT which binance itself did the IEO. so they are now in quarrel with the dev team?  CZ could be twitting hours later for its reason, prices had dip to 19% already after this thread was posted.

it was said in the news that binance will be closed for 12 months?

Take a look at who said it and does he have an ulterior motive?

yep (BSV) supporter. not surprise at all after them delisting their cash cow.

[Coin_trader]

So what was needed to list? Sometimes I don't think, what does this binance really want?

snip

snip-

snip-

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This is just a rumor but the delisting main target is BTT/BTC pairs, other tokens is just a collateral damage.  

What do you mean collateral damage? Is there such a thing? If the basis is trading volume, then that means the numbers are the only consideration. If a pair has a good trading volume as per the standard of Binance, no way will it be delisted. If a pair has a very low trading volume, then it will be delisted regardless of whether it is paying a monthly fee or not. Binance is the leading exchange for now, it needs to set a high standard of liquidity and it will not stain its reputation for the sake of some fees from the token owners.

And if your source is some discussion in Telegram, its reliability is in big question.

Also, low financial projects will normally settle with other cheap exchanges, not the top one. Binance has the right to charge high.

Are you aware of what's really going on in crypto space especially on a shit project that currently in the spotlight? I believe you are not aware about whats going on Bittorent and Binance so I highly suggest browsing some few posts from crypto analyst on twitter. It's fun rather than just browsing out here and see same old shit post. But you can refer on this guy tweets: https://twitter.com/cryptodonalt/status/1178574630719807488?s=21 .Follow him since he is knowledgeable in crypto. He is not a financial advisor but he is good on crypto analyst, One of my favorite e.

then it will be delisted regardless of whether it is paying a monthly fee or not

Regarding this, Do you have any experience on listing a token to an exchange? Or this is just your opinion? If yes then we can discuss on PM, If no then nevermind since it is non-disclosure agreement.

[1Referee]

Yep so far, there is no regulated exchange in crypto space, But soon there will be, I don't want to drop name but there is some exchange working on acquiring a license which guarantees fair trading for all traders. No-wash trading from the bot and fake pump and dumps. I believe that this unregulated exchange will be extinct soon. Check out fun facts below;

Coinbase is the most regulated exchange in the space. It has been that for quite a while now. We also have Bakkt. This however doesn't mean that there won't be any wash trading. It happens everywhere, but the difference is that if done wisely, it's hard to spot, and even harder to actually prove.

The Asian exchanges that generate like $500 million in volume every day don't put any effort into obfuscation of their wash trading maneuvers. If you think about it, why would they? The noobs who they attract through index sites such as CMC don't get to read any of these reports. They're a deer in the headlights.

Also, why don't you want to drop that exchange's name?

[MonsterV]

~snipp

What do you mean collateral damage? Is there such a thing? If the basis is trading volume, then that means the numbers are the only consideration. If a pair has a good trading volume as per the standard of Binance, no way will it be delisted. If a pair has a very low trading volume, then it will be delisted regardless of whether it is paying a monthly fee or not. Binance is the leading exchange for now, it needs to set a high standard of liquidity and it will not stain its reputation for the sake of some fees from the token owners.

In my opinion this is not a matter of trading volume because some of coins removed have a high volume. Well I think binance has a problem with developers as mentioned above (monthly fees), but here I also don't understand if the problem is monthly fees. It is not possible for a coin developer unable to pay monthly fees at binance because some of them are top coins.

[Chiyoko]

~snipp

What do you mean collateral damage? Is there such a thing? If the basis is trading volume, then that means the numbers are the only consideration. If a pair has a good trading volume as per the standard of Binance, no way will it be delisted. If a pair has a very low trading volume, then it will be delisted regardless of whether it is paying a monthly fee or not. Binance is the leading exchange for now, it needs to set a high standard of liquidity and it will not stain its reputation for the sake of some fees from the token owners.

In my opinion this is not a matter of trading volume because some of coins removed have a high volume. Well I think binance has a problem with developers as mentioned above (monthly fees), but here I also don't understand if the problem is monthly fees. It is not possible for a coin developer unable to pay monthly fees at binance because some of them are top coins.

Its actually depends how much is the monthly Fees. not all of them can continue to pay since other use their money for future development of thier project . at first i though as long as you have a good community supporting the project there will not have a problem in binance , its looks like they are making it more strictly now .

[Coin_trader]

Yep so far, there is no regulated exchange in crypto space, But soon there will be, I don't want to drop name but there is some exchange working on acquiring a license which guarantees fair trading for all traders. No-wash trading from the bot and fake pump and dumps. I believe that this unregulated exchange will be extinct soon. Check out fun facts below;

Coinbase is the most regulated exchange in the space. It has been that for quite a while now. We also have Bakkt. This however doesn't mean that there won't be any wash trading. It happens everywhere, but the difference is that if done wisely, it's hard to spot, and even harder to actually prove.

In what regulation are you pertaining? We are discussing here the approval of SEC. As far as I know, Coinbase has an ongoing application on SEC but not yet approved. Yes they have regulatory compliance on the jurisdiction of their base location but still, they need to register as a licensed brokerage on SEC. I'm a bit off on the news about their progress. Can you provide a link for your claim?

----
About bakkt, Bakkt only offers only BTC and we are discussing here crypto currency in general, But you are correct that Bakkt is a regulated exchange for "BTC".

Also, why don't you want to drop that exchange's name?

Because they are still on the process of acquiring it. You know how regulators work like a turtle and I don't wanna hype anyone here. Once confirmed, I will let you know personally via PM mate. 

[yangongear]

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.