Binance Delistings Target Eight Trading Pairs on September 18
Binance will remove several margin and spot trading pairs on September 18 after a periodic review of liquidity, trading volume, development activity and other factors. The affected cross-margin pairs are ENJ/USDC, GENIUS/USDC, CVX/USDC and VANA/USDC. GENIUS/USDC will also be removed from isolated margin trading. Binance will additionally terminate spot trading for BREV/USDC, COOKIE/USDC, LA/USDC and QNT/USDC.
Binance said the delisting of a spot trading pair does not remove the underlying tokens from Binance Spot. Traders can continue using other available pairs. Most affected assets were trading lower on September 16, although the article attributes the weakness mainly to a broader market correction rather than the Binance delistings.
Historically, removing all trading services for a token has caused sharper losses. In August, Binance delisted ACX, HFT, PIVX, PYR, VANRY and VIC, with the assets reportedly falling by double digits. Conversely, Binance support can boost prices, as seen after PONS was added to Binance Alpha.
Binance also warned users about phishing scams involving fake text messages claiming that account settings changed or suspicious logins were detected. The exchange advised users not to click links in text messages, and recommended enabling Withdrawal Address Whitelist and Anti-Phishing Code protections.
Neutral
The market impact is best classified as neutral because Binance is removing selected trading pairs rather than fully delisting the underlying tokens. Pair removals can reduce liquidity and create short-term volatility, especially for smaller assets such as GENIUS, BREV, COOKIE and LA. Traders may also sell ahead of the September 18 deadline, widening spreads and increasing slippage.
However, the article indicates that most affected assets were already under pressure because of a broader market correction. The continued availability of alternative Binance trading pairs should limit the direct impact. This differs from earlier cases in which Binance ended all trading support for ACX, HFT, PIVX, PYR, VANRY and VIC; those tokens reportedly suffered double-digit declines. Therefore, short-term sentiment may be mildly negative for the affected pairs, but the announcement is unlikely to destabilize the wider crypto market.
Longer term, the event reinforces the importance of liquidity, volume and exchange support in token valuation. Traders should monitor order-book depth, funding rates, exchange flows and whether affected assets retain active markets elsewhere. The phishing warning has no direct price catalyst, but successful scams could create isolated selling pressure and reduce investor confidence.