Binance is Removing These Liquidity Pools! Among them are Ethereum, Solana, Cardano and Ripple!

With its official announcement on December 15, Binance announced that it would discontinue certain liquidity pools in #Binance Liquid Swap. Binance Liquid Swap is a platform that allows users to become liquidity providers and exchange crypto tokens easily. It also offers trading fees and the chance to earn #BNB rewards.

Crypto exchange Binance ADA/ETH, ADA/USDT, BCH/BTC, DOT/BTC, DOT/USDT, ETH/DAI, LINK/ETH, LINK/USDT, LTC/BNB, LTC/BTC, LTC/ETH, LTC/USDT , will remove key liquidity pools such as MATIC/USDT, SOL/BTC, SOL/USDT, XRP/BNB, XRP/BTC and XRP/ETH.

Other liquidity pools include AAVE/ETH, ARB/BTC, FIL/BTC, MANA/BTC, SAND/BTC, UNI/BNB, UNI/BTC and VET/USDT.

Users will not be able to add liquidity to these liquidity pools as of 04:00 UTC on December 18th. Additionally, users with positions in these liquidity pools will automatically transfer their crypto assets to their spot wallets on December 22.

#Binance stated that it periodically reviews specified liquidity pools with the aim of concentrating liquidity, reducing slippage and offering better trading prices to users. This serves the goal of providing users with an optimized trading experience

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