The most recent update from Binance, one of the world’s biggest cryptocurrency exchanges, has ignited a spirited discussion among the worldwide crypto community. In an official statement issued today, May 16, the firm announced removing the NOT/BTC trading pair to provide consumers with a better trading experience.
As Notcoin gains popularity, this decision has triggered a tidal wave of speculation among the token’s investors, who are betting on the cryptocurrency’s future price swings. Here’s a closer look at the exchange announcement and its potential impact on Notcoin.
Binance Deletes NOT/BTC Trading
In line with the exchange announcement, the NOT/BTC trading pair, originally scheduled to be listed on May 16 at 12:00 UTC, is now being deleted from the platform. This judgment is connected to another event involving the Notcoin (NOT) cryptocurrency.
According to a post from the Notcoin community on X today, certain Notcoin deposits to Binance were refused due to Binance’s compliance assessment.
The abrupt suspension of the NOT/BTC trading pair has rocked the crypto market, even though users will soon receive their balances on “t.me/notcoin_bot,” as the crypto community has confirmed. Meanwhile, Notcoin claims to be working closely with Binance to remedy the issue.
Furthermore, due to the incident above, the NOT token’s price has begun to fall.