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Binance Suspends Trading for 9 Cryptocurrencies Including LTC, BTC, SOL, MATIC, ADA

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The United States-based arm of Binance, the world’s largest cryptocurrency exchange has today Delists USD Advanced Trading Pairs.

BinanceUS posted on its official page today July 14 that it will permanently cease and remove 9 cryptos against the USD advanced trading pairs.

For a long time now, Binance has been struggling with several challenges in the United States. This includes losing their money makers and banking partners.

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Fast Facts

  • Of the various cryptocurrencies that BinanceUS announced to remove and cease trading for, USDC, Bitcoin, VeChain, Ethereum, Solana, BNB, Cardano, MATIC, Polygon, and Litecoin stablecoins are included.
  • The USD Advanced Trading pairs trading is set to stop yesterday July 13 at 8. p.m. PDT/11 p.m. EDT. By this time, the USDC/USD pair will be ceased, however, USD trading will continue on the USDT/USD Advanced Trading pair.
  • Users are allowed to keep on trading more than 150 cryptos on the Advanced Trading interface within the USDT pairs. This means that certain cryptos will likely support TUSD, Bitcoin, DAI, and BUSD trading.
  • Users are allowed to sell, buy, and convert cryptocurrency with USD and use USD to purchase and sell up to 21 cryptos. However, the exchange warns that the partners that remain will possibly stop the USD withdrawals very soon.

Crypto Outlook Today

As of the time of this writing, the price of Binance USD is at $1.00 with a decline in market cap by 0.37% and an increase in trading volume by 105.91%.

On the other hand, USD Coin trades at $0.9999 with an increase in market cap by 0.57% and an increase in trading volume by 112.08%.

Cardano trades at $0.35 with an increase in its market cap by 20.84% and an increase in volume by 803.53%.

Furthermore, BNB trades at $255.24 with an increase in market cap by 3.33% and an increase also in volume by 93.63%.

Litecoin on its trades at $100.48 with a decrease in market cap by 0.36% and an increase in trading volume by 56.57%.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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