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Crypto Potato 2026-03-03 20:38:34

Important Binance Update Affecting ZEC, LTC, and Other Altcoin Traders: Details

Important Binance Update Affecting ZEC, LTC, and Other Altcoin Traders: Details

The world’s largest cryptocurrency exchange announced another amendment to its platform, which is particularly focused on popular altcoins such as Avalanche (AVAX), Litecoin (LTC), Zcash (ZEC), and more. It also plans to remove certain trading pairs that no longer meet the necessary criteria. The Newcomers Binance said it will open trading for AVAX/U, LINK/U, LTC/U, PAXG/U, and ZEC/U on March 5th. Trading bots services for these pairs will be enabled on the same day. The initiative is once again centered on U (United Stables) – a stablecoin launched in late 2025 and pegged to the American dollar. To stimulate adoption, Binance will introduce a zero-fee promotion for eligible users on U spot and margin trading pairs. Over the past few weeks, the exchange has added ADA/U, DOGE/U, and PEPE/U to its Cross Margin section, while XRP/U, SUI/U, ASTER/U, and PAXG/U were listed on its Spot market. AVAX, LINK, LTC, and ZEC are all in green territory today (March 3rd), but their gains are likely driven by the broader market rebound rather than Binance’s announcement. While the company can trigger a major pump for a given cryptocurrency, this usually happens after an initial listing, not after introducing additional pairs. Meanwhile, PAX Gold (PAXG) is down 4% on a daily scale following a pullback in the price of the yellow metal. The cryptocurrency is backed by real, physical gold, where each token represents one fine troy ounce stored in secure vaults. These Pairs Will be Removed In addition to offering more trading options, Binance has also chosen to delist certain pairs that no longer meet its standards. It will say goodbye to the cross margin pairs CHZ/BTC, CAKE/BTC, ENA/BTC, UNI/ETH, CRV/BTC, INJ/BTC, XTZ/BTC, and the isolated margin ones FET/BTC, OP/BTC, PAXG/BTC, CHZ/BTC, CAKE/BTC, ENA/BTC, CRV/BTC, INJ/BTC, XTZ/BTC on March 5th. “Users will no longer be able to transfer any amount of assets of the aforementioned pair(s) via manual transfers and Auto-Transfer Mode into their Isolated Margin accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their Isolated Margin accounts, less any collateral already available,” the company explained. In addition, Binance warned that clients will not be able to update their positions during the delisting process, which may take approximately three hours. The disclosure hasn’t weighed on the prices of the involved cryptocurrency, as most have still posted daily gains in line with the broader market rebound. The post Important Binance Update Affecting ZEC, LTC, and Other Altcoin Traders: Details appeared first on CryptoPotato .

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