Binance, the largest cryptocurrency exchange, announced the imminent shutdown of 11 trading pairs with the Australian dollar. Access to trading pairs will be disabled on June 1.
Spot trading will cease at 6am UTC for ADA/AUD, AUD/BUSD, AUD/USDT, BNB/AUD, BTC/AUD, DOGE/AUD, ETH/AUD, GALA/AUD, MATIC/AUD, SOL/AUD and XRP/AUD.
All other trading pairs with the Australian dollar will continue to work, at least for now.
Binance announces that simultaneously with the disabling of access to trading pairs, trading bots for these currency pairs will also stop working.
Therefore, traders using this functionality are advised to close trades in the above-mentioned instruments and disable trading bots in advance.
Analysts attribute the reduction of trading pairs with the Australian dollar to stricter regulation of digital assets in the Green Continent.
Recall that a few hours ago, the Binance exchange shut down 21 trading pairs.
They include currency pairs with the Australian dollar – APE/AUD, AVAX/AUD, AXS/AUD, DOT/AUD, FTM/AUD, LINK/AUD, SAND/AUD, SHIB/AUD.