Important Binance Update Regarding Ripple (XRP)

Important Binance Update Regarding Ripple (XRP)

TL;DR

Binance will delist 12 liquidity pools, including XRP/BUSD, from Binance Liquid Swap on October 17, with assets moved to users’ Spot wallets.
The move aims to improve liquidity and transaction prices; it has no effect on Binance Spot trading. XRP’s price has seen a decline possibly linked to the delisting.
Earlier, Binance removed 19 pairs, predominantly with BUSD, aligning with plans to discontinue BUSD support next year.

Binance Removing 12 Trading Pairs
The world’s largest cryptocurrency exchange – Binance – announced that it will delist a dozen liquidity pools on October 17 from Binance Liquid Swap. The affected trading pairs include XRP/BUSD, MANA/BUSD, OP/BUSD, BEL/USDT, FTM/BUSD, FUN/USDT, GMT/BNB, GMT/ETH, HFT/USDT, IDEX/USDT, LEVER/USDT, and MAGIC/BTC.
The company did not give a precise reason for its move but stated that it “periodically reviews listed liquidity pools to concentrate liquidity, reduce slippage, and provide users with better transaction pr

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