Binance today announced that they will be removing certain trading instruments from the exchange, in order to improve liquidity and user trading experience. It looks like the effort is in response to doing away with seldom traded or exchanged assets.
The following assets have been suspended from trading:
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.
Our take is that as there is an abundance of coins and tokens trading across a wide variety of exchanges it makes sense to focus on improving pricing and execution for digital asset investors, especially in the most popular instruments. It will be no surprise if other major exchanges follow suit.