Binance has announced the removal of the NOT/BTC trading pair from its platform, citing compliance check issues as the reason behind this decision. This move by Binance, a prominent player in the cryptocurrency exchange realm, has stirred conversations within the global crypto community. The official statement released on May 16 aims to enhance the trading experience for users by eliminating the NOT/BTC pair.

The decision to delist the NOT/BTC trading pair has triggered speculation among Notcoin investors, given the cryptocurrency's rising popularity. Investors are closely watching for potential price movements following Binance's announcement. The removal of the trading pair, originally scheduled for listing on May 16 at 12:00 UTC, coincides with recent developments surrounding Notcoin (NOT) in the crypto space.

Notcoin's community reported instances of rejected deposits to Binance, attributed to the exchange's compliance procedures. While reassurance has been provided that users will receive their balances through 't.me/notcoin_bot' shortly, the sudden halt of the NOT/BTC pair has caused a stir in the crypto market. Notcoin has stated ongoing collaboration with Binance to address the issue at hand.

Amidst these events, the NOT token has experienced a significant decline in its price. Presently, the NOT token is valued at $0.007077, marking a 51.03% decrease in price. The token's market capitalization stands at $727.22 million, with recorded 24-hour lows and highs at $0.006887 and $0.01445, respectively.

In contrast, Bitcoin (BTC) is trading at $65,891.68, reflecting a 2.75% increase over the past 24 hours. Bitcoin's market cap is reported at $1.29 trillion, with a 24-hour trading volume of $36.70 billion. These market dynamics highlight the evolving landscape within the cryptocurrency realm amidst regulatory and compliance considerations.