This Cardano (ADA) Pair Removed From Binance

Removal of Cardano trading pair from Binance should not make you worry at all

/BIDR. The change is set to take effect on Sept. 8, and it has gotten people wondering: why this, why now?

First off, let's take a look at the market. As of the latest data, Cardano is trading at approximately $0.256. While not dismal, it is not exactly setting the world on fire either. Could this be a reason for its removal from Binance? Not likely. Binance will remove the following spot trading pairs and cease trading on September 8, AUDIO/BUSD, BAT/BUSD, BSW/BUSD, CITY/BUSD, CVX/BUSD, FORTH/BUSD, JUV/BUSD, MOB/BUSD; OGN/BUSD, OMG/BUSD, PLA/BUSD, POLS/BUSD, REI/BUSD, RSR/BUSD, SCRT/BUSD, TVK/BUSD; 17:00: ADA/BIDR,…The more plausible explanation here is liquidity — or, rather, the lack of it. Exchanges often delist trading pairs that are not generating enough trading volume. It is a business move, pure and simple.

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