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      Updates on Binance Liquid Swap Services (2024-01-19)

      This is a general announcement. Products and services referred to here may not be available in your region.

      Fellow Binancians, 

       As Binance conducts regular reviews of its product offerings to focus on products that can provide users with the most value and competitive services, Binance will remove the following liquidity pools and cease support for Binance Liquid Swap from 2024-01-19 04:00 (UTC)

      • BNB/BTC, BNB/ETH, BTC/ETH, BTC/WBTC, TUSD/USDT, WBETH/ETH

      Please note that users will no longer be able to complete any new subscriptions, trades or redemptions at Binance Liquid Swap starting from 2024-01-19 04:00 (UTC). Users who hold positions in the above liquidity pools will automatically receive their deposited assets in their Spot wallets from 2024-01-19 04:00 (UTC) 

      In addition, all SAPI and WSS endpoints for Binance Liquid Swap will be retired after 2024-01-26 04:00 (UTC). Users are advised to disconnect their systems from the relevant endpoints before 2024-01-26 04:00 (UTC).

       Please Note

      • The removal of the aforementioned liquidity pools does not impact trading of the corresponding pairs on Binance Spot, where applicable. 

      • In addition to the above, users will not be able to add liquidity into the above liquidity pools starting from 2024-01-15 04:00 (UTC).

      • Users can choose to redeem their assets from the above liquidity pools before 2024-01-19 04:00 (UTC). Thereafter, deposits in the liquidity pools will be calculated based on the prevailing composition ratios of the corresponding pool, and automatically redeemed to users’ Spot wallets. 

      • All Liquid Swap positions are subject to changes in composition ratios due to the nature of liquidity pools. As with all trading products, liquidity pools carry risks, which are disclosed to all users. Please refer to the Liquid Swap Terms of Use and FAQ for more information.

      • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

      Thank you for your support!

      Binance Team

      2024-01-12

      Read the original article at binance

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