{"id":15098,"date":"2025-02-26T12:46:48","date_gmt":"2025-02-26T12:46:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15098"},"modified":"2025-02-26T12:46:48","modified_gmt":"2025-02-26T12:46:48","slug":"important-binance-announcement-affecting-ukrainian-users-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15098","title":{"rendered":"Important Binance Announcement Affecting Ukrainian Users: Details"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li data-start=\"0\" data-end=\"187\">\n<p data-start=\"2\" data-end=\"187\">Binance will remove the BNB\/UAH and ETH\/UAH trading pairs, limiting direct access for Ukrainian traders to these cryptocurrencies.<\/p>\n<\/li>\n<li data-start=\"189\" data-end=\"337\" data-is-last-node=\"\">\n<p data-start=\"191\" data-end=\"337\" data-is-last-node=\"\">Meanwhile, the prices of Binance Coin (BNB) and Ethereum (ETH) remain stable today amid the market\u2019s rebound.<\/p>\n<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Binance_CB.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-385011\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Binance_CB.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Binance_CB.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Binance_CB-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Binance_CB-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Binance_CB-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Binance_CB-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>The Upcoming Amendment<\/h2>\n<p><span data-preserver-spaces=\"true\">The world\u2019s largest crypto exchange regularly monitors its services \u201cto protect users and maintain a high-quality trading market.\u201d It conducts periodic reviews of all listed trading pairs and terminates some of them due to numerous factors, such as poor liquidity.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Binance recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/7600776423b74af5a8716354b0cdef8b\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">announced<\/span><\/a><span data-preserver-spaces=\"true\"> that BNB\/UAH and ETH\/UAH will become unavailable <\/span><span data-preserver-spaces=\"true\">from<\/span><span data-preserver-spaces=\"true\"> February 28. \u201cUsers are strongly advised to update and\/or cancel their Spot Trading Bots prior to the cessation of Spot Trading Bots services to avoid any potential losses<\/span><span data-preserver-spaces=\"true\">,\u201d the company warned.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">UAH is the abbreviation of the Ukrainian hryvnia, the official currency of the war-torn country. The removal of the aforementioned pairs will impact local users by limiting direct trading between Binance Coin (BNB), Ethereum (ETH), and the fiat currency.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ukrainian traders <\/span><span data-preserver-spaces=\"true\">will need to<\/span><span data-preserver-spaces=\"true\"> adjust their strategies, possibly involving additional conversion steps, which could lead to increased trading fees and exposure to market fluctuations.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Withdrawing support from a major exchange like Binance might also negatively affect the involved cryptocurrencies due to reduced liquidity and reputational damage. However, both ETH and BNB are in the green today (February 26), following the slight <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/btc-price-calms-at-89k-after-tuesday-massacre-xrp-recovers-8-daily-market-watch\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">rebound<\/span><\/a><span data-preserver-spaces=\"true\"> of the crypto market.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It is worth mentioning that drastic price drops usually occur when Binance terminates all services with a <\/span><span data-preserver-spaces=\"true\">certain<\/span><span data-preserver-spaces=\"true\"> digital asset. Such was the case last year when the exchange <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/binance-will-delist-the-following-cryptocurrencies-on-february-20th-major-altcoin-affected\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">delisted<\/span><\/a><span data-preserver-spaces=\"true\"> Monero (XMR), Aragon (ANT), Multichain (MULTI), and Vai (VAI)<\/span><span data-preserver-spaces=\"true\">. The<\/span><span data-preserver-spaces=\"true\"> price of the popular privacy coin plummeted by 35% shortly after the disclosure.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Reverse Effort<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Contrary to the delisting effort, the company <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/de3bc0b6ab0a4ccfae18ded3f407de4c\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">added<\/span><\/a><span data-preserver-spaces=\"true\"> Sonic (S) and Test (TEST) as new loanable assets. The former was included in the Binance Loans section, while the latter <\/span><span data-preserver-spaces=\"true\">was placed<\/span><span data-preserver-spaces=\"true\"> into the VIP Loan program.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The prices of the involved cryptocurrencies reacted positively to the announcement. S is up 5% <\/span><span data-preserver-spaces=\"true\">for the day<\/span><span data-preserver-spaces=\"true\">, whereas TEST has soared by 10%.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As mentioned above, though, the solid performance could also be linked to the overall resurgence of <\/span><span data-preserver-spaces=\"true\">the cryptocurrency market<\/span><span data-preserver-spaces=\"true\"> following the <a href=\"https:\/\/cryptopotato.com\/btc-plunges-to-3-month-low-beneath-88k-altcoins-dump-by-double-digits-market-watch\/\" data-wpel-link=\"internal\">crash<\/a> witnessed <\/span><span data-preserver-spaces=\"true\">on February 25<\/span><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/important-binance-announcement-affecting-ukrainian-users-details\/\" rel=\"nofollow\">Important Binance Announcement Affecting Ukrainian Users: Details<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Binance will remove the BNB\/UAH and ETH\/UAH trading pairs, limiting direct access for Ukrainian traders to these cryptocurrencies. Meanwhile, the prices of Binance Coin (BNB) and Ethereum (ETH) remain stable today amid the market\u2019s rebound. The Upcoming Amendment The world\u2019s largest crypto exchange regularly monitors its services \u201cto protect users and maintain a high-quality [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-15098","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15098"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15098\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}