Shiba Inu enthusiasts can rest assured. Recent reports claiming Binance is delisting SHIB are inaccurate. Here’s what you need to know:
Binance to Remove Low-Liquidity SHIB/TUSD Pair
On June 26th, Binance announced plans to delist seven spot trading pairs, including SHIB/TUSD, effective June 28th at 3:00 AM UTC. This decision stems from Binance’s regular review process, which identifies trading pairs with low liquidity and volume for removal to protect users.
SHIB Trading Continues on Binance with Eight Remaining Pairs: It’s crucial to understand that this is not a delisting of SHIB itself. Users can still trade SHIB on Binance through eight other spot trading pairs, including SHIB/USDT, SHIB/USDC, and SHIB/EUR.
Debunking Misconceptions: A Familiar Role for Shiba Inu Marketing Lead
This isn’t the first time Shiba Inu’s marketing lead, Lucie, has addressed misleading reports. Previously, when Binance delisted SHIB/BUSD alongside other margin pairs, rumors of a complete SHIB delisting surfaced. Lucie swiftly clarified that only specific trading pairs were affected, not SHIB itself.
Shiba Inu Price Reflects Broader Market Trend: It’s important to note that SHIB’s current price decline is likely a consequence of the ongoing cryptocurrency market slump, not the removal of the SHIB/TUSD pair.
While the SHIB/TUSD trading pair is being delisted due to low activity, SHIB remains readily available for trading on Binance through eight other pairs. Shiba Inu enthusiasts can trade SHIB with confidence on the platform.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The authorβs views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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