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The largest cryptocurrency exchange Binance announced the imminent shutdown of 11 trading pairs with the Australian dollar. Access to trading pairs will be disabled on June 1st.
Spot trading will cease at 6 a.m.UTC for trading pairs 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 Australian dollar trading pairs will continue to work, at least for now.
The Binance announcement states thatsimultaneously with access to trading pairs being disabled, trading bots for these currency pairs will also stop working. Therefore, traders using this functionality are advised to close transactions on the above instruments in advance and disable trading bots.
Analysts attribute the decline in the number of trading pairs with the Australian dollar to tightening regulation of digital assets on the Green Continent.
Let us remind you that a few hours ago the exchangeBinance has disabled 21 trading pairs. These included currency pairs with the Australian dollar - APE/AUD, AVAX/AUD, AXS/AUD, DOT/AUD, FTM/AUD, LINK/AUD, SAND/AUD, SHIB/AUD.
