Attention! Binance Has An Important Update About XRP!

<p>&nbsp;"Hmm, apparently the price of XRP fell because of Binance?"</p><p><br /></p><p>The world's largest cryptocurrency exchange Binance founded by Changpeng Zhao (CZ) without delay will act to delist a dozen liquidity pools on October 17, 2023 from Binance Liquid Swap.</p><p><br /></p><p>Among the trading pairs that will be affected are XRP/BUSD, MANA/BUSD, OP/BUSD, BEL/USDT, FTM/BUSD, FUN/USDT, GMT/BNB, GMT/ETH, HFT/USDT, IDEX/USDT, LEVER/USDT including MAGIC/BTC.</p><p><br /></p><p>It is true that Binance does not give a clear reason as to why they are doing this, but its team periodically reviews the listed liquidity pools to reduce slippage and provide users with better transaction prices.</p><p><br /></p><p><br /></p><p>The crypto exchange also assured that affected customers will automatically receive digital assets deposited in their Spot wallets on October 17, 2023.</p><p><br /></p><p>Later, Binance also confirmed that the removal of liquidity pools will in no way affect the trading of the pair on Binance Spot.</p><p><br /></p><p>But it should be noted that the latest delisting by Binance is one of the reasons why XRP price continues to plunge to a monthly low of $0.48, which is a significant drop from the $0.55 reached last week due to XRP's second victory against the SEC.</p><p><br /></p><p>Earlier this month, Binance removed 19 trading pairs, among them ANKR/BUSD, DATA/BUSD, 1INCH/BUSD, POLYX/BUSD, RARE/BUSD, SLP/BUSD, SUSHI/BUSD and more.</p><p><br /></p><p>It's also worth mentioning that all the delistings are from the BUSD trading pair and the crypto exchange will end support for the stablecoin early next year.</p>