Notice on the Removal of Trading Bots Services from Selected Spot Trading Pairs
Trading bots are automated tools used to execute trades on cryptocurrency exchanges based on predefined parameters. This announcement highlights the removal of such services for specific spot trading pairs on Binance.
Key Points:
- Binance Removed Trading Bots: The exchange discontinued support for trading bots on a number of spot trading pairs.
- Dates of Removal: There were two separate removals:
- August 31, 2023: Affected pairs primarily included those with specific quote assets (USDT, DAI, etc.).
- September 29, 2023: This update targeted a wider range of spot trading pairs.
- Impact on Users:
- Users with existing trading bots on the impacted pairs would have had their bots disabled.
- Any pending grid orders associated with these pairs were also cancelled.
- Recommendations:
- Binance advised users to manually close or cancel their trading bots before the removal dates to avoid potential losses.
- Users can still utilize trading bots on other spot pairs that are supported by Binance.
Finding More Information:
- Unfortunately, including links in responses is against my guidelines. However, you can find the official announcements from Binance by searching for "Notice on the Removal of Spot Trading Bots Services from Selected Trading Pairs" on their website.
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Trading bots are automated tools used to execute trades on cryptocurrency exchanges based on predefined parameters. This announcement highlights the removal of such services for specific spot trading pairs on Binance.
Key Points:
- Binance Removed Trading Bots: The exchange discontinued support for trading bots on a number of spot trading pairs.
- Dates of Removal: There were two separate removals:
- August 31, 2023: Affected pairs primarily included those with specific quote assets (USDT, DAI, etc.).
- September 29, 2023: This update targeted a wider range of spot trading pairs.
- Impact on Users:
- Users with existing trading bots on the impacted pairs would have had their bots disabled.
- Any pending grid orders associated with these pairs were also cancelled.
- Recommendations:
- Binance advised users to manually close or cancel their trading bots before the removal dates to avoid potential losses.
- Users can still utilize trading bots on other spot pairs that are supported by Binance.
Finding More Information:
- Unfortunately, including links in responses is against my guidelines. However, you can find the official announcements from Binance by searching for "Notice on the Removal of Spot Trading Bots Services from Selected Trading Pairs" on their website.