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Binance, Coinbase and Those 6 Exchanges Announced Delisting and Listing for 9 Altcoins!

Binance, Coinbase ve O 6 Borsa, 9 Altcoin İçin Delist ve Listeleme Duyurdu!
Binance, Coinbase ve O 6 Borsa, 9 Altcoin İçin Delist ve Listeleme Duyurdu!
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The cryptocurrency world continues to be active with recent listing and delisting news. Coinbase’s listing of a new token and Binance delisting of some trading pairs were among the developments that caught investors’ attention. Such moves reveal the dynamic nature of the crypto market and the strategic decisions exchanges make according to market conditions. Here’s a closer look at the details of these two important developments.

Coinbase lists ZKsync (ZK)

Coinbase announced that it has listed the ZKsync (ZK) token in an official statement. This development caused a great impact in the cryptocurrency world. ZKsync is known as a layer 2 network that stands out especially with its Zero-Knowledge technology. Layer 2 solutions stand out as infrastructures designed to increase the scalability of main networks such as Ethereum. These technologies attract users’ attention by offering faster and lower-cost transactions. ZKsync has also gained a solid place for itself in this sense.

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With the listing of ZKsync on Coinbase, the ZK token gained approximately 5% in value. This sudden increase can be considered an indicator of the rapid reaction of investors to the news of the listing. However, an important warning brought by Coinbase for this listing should not be ignored. Only ZK tokens can be deposited into the exchange via the ZKsync network. Warning that deposits made from different networks may lead to loss of funds, Coinbase stated that users should be careful. Such network compatibility warnings play an important role in ensuring that investors avoid possible mistakes.

Binance is delisting HOOK/BTC and PDA/BTC pairs

On the other hand, Binance, one of the world’s largest cryptocurrency exchanges, has also decided to delist some trading pairs as part of its regular market review process. Binance announced that it will remove HOOK/BTC and PDA/BTC trading pairs from the platform on September 27, 2024. This decision can be considered as part of the exchange’s effort to maintain liquidity and trading volume standards.

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Binance’s such delisting moves are a reflection of the exchange’s strategy to provide its users with a more efficient and secure trading environment. Delisted trading pairs are usually subject to this situation due to reasons such as liquidity issues or low trading volume. However, an important point for users is that the delisted pairs only affect certain trading pairs and the tokens are still available on the platform. HOOK and PDA tokens will continue to be traded against other assets on Binance.

At this point, Binance also issued an important warning to its users. It was stated that Spot Trading Bots connected to the delisted trading pairs will be disabled on September 27. It was emphasized that investors should be prepared for this situation and update or cancel their bots. Such proactive measures allow users to avoid potential losses.

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What are the other listing news?

The developments on major exchanges are not limited to Coinbase and Binance. On September 25, 2024, many new cryptocurrencies were listed on different exchanges. Here are those listings:

  • Neiro (NEIRO) was listed on the MEXC exchange on September 25. This token, which was offered to users with the NEIRO/USDT trading pair, was also listed on the BitMart exchange on the same day.
  • Eigenpie (EGP) was listed on the Huobi and KuCoin exchanges on the same date. Eigenpie, which was offered to investors with the EGP/USDT trading pair on both platforms, also started trading on the MEXC exchange on September 25.
  • Unizen (ZCX) was listed on the Bitget exchange on September 25 with the ZCX/USDT trading pair. This listing increased Unizen’s popularity and allowed it to reach a wider audience of investors.
  • Moonwell (WELL) was listed on Crypto.com for many fiat currencies (USD, EUR and more than 20 fiat currencies). This move allowed Moonwell to reach a wider user base.
  • Smoking Chicken Fish (SCF) was listed on the AscendEX exchange on September 25 with the SCF/USDT trading pair. This token was also among the notable projects.

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Binance, Coinbase and Those 6 Exchanges Announced Delisting and Listing for 9 Altcoins!
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