The world’s largest cryptocurrency exchange will temporarily suspend certain services later this month.
Additionally, it will delist numerous trading pairs “to protect users and maintain a high-quality trading market.”
The Upcoming Disruptions
Binance will perform a wallet maintenance for the Tron Network on July 23, and to support the process, it will briefly pause TRX deposits and withdrawals. The operation is expected to take about one hour, following which everything should resume normally. In addition, the exchange will support an upcoming Zcash hard fork and, as a result, temporarily suspend ZEC deposits and withdrawals.
“The network upgrade and hard fork will take place at block height 3,428,143, or approximately 2026-07-28 13:00 (UTC),” the disclosure reads.
In both cases, token trading will not be impacted, while Binance promised to handle all technical requirements involving users.
Such efforts are quite common and usually cause no serious implications for clients. Less than a month ago, Binance briefly halted deposits and withdrawals on the Bitcoin (BTC) network to perform similar wallet maintenance.
Prior to that, it took similar actions to support improvements across various ecosystems, including Ethereum (ETH), Cardano (ADA), and more. There haven’t been reports or complaints of major issues, and everything was restored promptly.
The Other Updates
Binance is known for closely monitoring all services and digital assets listed on its platform to ensure they meet industry standards, such as team commitment, development activity, trading volume, liquidity, network stability, and more. Based on its latest review, it decided to remove the spot trading pairs: ACX/USDC, ALGO/BTC, CVC/USDC, LPT/USDC, ONG/BTC, RVN/USDC, and XRP/BNB. The actual delisting is scheduled for July 24.
Meanwhile, the same action will apply to several pairs from the Margin section on July 24. Those include the cross margin pairs CYBER/USDC, DOLO/USDC, PIXEL/USDC, and STEEM/USDC, as well as the isolated margin pairs DOLO/USDC, PIXEL/USDC, and STEEM/USDC.
The announcements have not triggered a negative price impact for the involved cryptocurrencies. However, it is a completely different story when Binance terminates all services with a certain digital asset. Last month, it delisted Alchemix (ALCX), Ardor (ARDR), NFPrompt Token (NFP), and Marlin (POND), causing double-digit collapses for the affected ones. A very similar thing was observed at the start of June when it said goodbye to Contentos (COS), Dar Open Network (D), Highstreet (HIGH), and MOBOX (MBOX).
Source: CryptoPotato
