Binance Removes Major Liquidity Pools In BUSD Pairs

Binance, the world's largest cryptocurrency exchange, has announced the removal of certain liquidity pools on its Binance Liquid Swap platform. The affected pools include major cryptocurrencies such as Bitcoin, Ethereum, BNB, Cardano, Polygon, Solana, Shiba Inu, and Dogecoin. The move is part of Binance's strategy to end BUSD stablecoin support by February 2024. Users will no longer be able to add liquidity to the affected pools from October 23, and those holding positions in these pools will receive their deposited assets in their spot wallets by October 27.