In a recent update, Binance.US has responded to community feedback and made positive changes to its trading offerings. Contrary to the initial plan.
Binance.US has decided to retain all cryptocurrencies and USDT pairs, addressing concerns raised by users. The removal of trading pairs will now only affect select BTC and BUSD Advanced Trading pairs.
Effective June 8, 2023, at 9 a.m. PDT / 12 p.m. EDT, Binance.US will remove specific BTC and BUSD Advanced Trading pairs, including ATOM/BTC, BCH/BTC, DOT/BTC, LRC/BTC, MANA/BTC, UNI/BTC, VET/BTC, XTZ/BTC, HBAR/BUSD, and ONE/BUSD.
However, it is important to note that trading for all other cryptocurrencies will remain available, ensuring a wide range of options for traders.
Moreover, Binance.US has streamlined its Buy, Sell & Convert feature, which will now support 226 trading pairs.
The reduced but diverse selection includes popular assets such as USDT, USDC, BNB, ETH, BTC, and many more. Additionally, the maximum order amount for Buy, Sell & Convert has been updated to $10,000, offering increased flexibility for users.
While Binance.US has temporarily paused its OTC Trading Portal services, they emphasize that user assets remain secure and unaffected. Deposits and withdrawals will continue to function normally, ensuring the safety of your funds.
Binance.US strives for an enhanced trading experience, valuing user feedback and adapting accordingly. Stay informed about potential OTC Trading Portal updates as they continually work to improve their services.
Binance.US’s decision to retain the majority of trading pairs, streamline its offerings, and prioritize asset security brings positive news to its users. Traders can continue to engage with a wide range of cryptocurrencies while enjoying the trusted and secure environment provided by Binance.US.