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Notice Regarding the Removal of Selected Liquidity Pools on Binance Liquid Swap (2023-10-17)

Notice Regarding the Removal of Selected Liquidity Pools on Binance Liquid Swap (2023-10-17)

2023-10-10 04:05

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians, 

In order to ensure optimized trading experience, Binance Liquid Swap periodically reviews listed liquidity pools to concentrate liquidity, reduce slippage and provide users with better transaction prices. Based on our most recent reviews, Binance Liquid Swap will remove the following liquidity pools at 2023-10-17 04:00 (UTC). 

  • BEL/USDT, FTM/BUSD, FUN/USDT, GMT/BNB, GMT/ETH, HFT/USDT, IDEX/USDT, LEVER/USDT, MAGIC/BTC, MANA/BUSD, OP/BUSD, XRP/BUSD 

Users who hold positions in the above liquidity pools will automatically receive their deposited assets in their Spot wallets at 2023-10-17 04:00 (UTC).  

Please Note: 

  • The removal of the aforementioned liquidity pools does not impact trading of the corresponding pairs on Binance Spot, where applicable. 

  • Users can still trade on other liquidity pools that are available on Binance Liquid Swap.

  • Users will not be able to add liquidity into the above liquidity pools starting from 2023-10-13 04:00 (UTC).

  • Users can choose to redeem their assets from the above liquidity pools before 2023-10-17 04:00 (UTC). Thereafter, deposits in the liquidity pools will be calculated based on the prevailing composition ratios of the corresponding pool, and automatically redeemed to users’ Spot wallets. 

  • All Liquid Swap positions are subject to changes in composition ratios due to the nature of liquidity pools. For more information, please refer to this FAQ.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-10-10

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.