Binance, a leading cryptocurrency exchange, has announced plans to remove a trading pair associated with Shiba Inu (SHIB) due to low liquidity. The SHIB/TUSD trading pair will be delisted on June 28 at 03:00 AM (UTC). This decision is part of Binance's regular reviews of listed spot trading pairs to ensure user protection.

According to Binance, the SHIB/TUSD pair has a minimal 24-hour trading volume of $17,577, which is equivalent to over 992 million SHIB tokens. The exchange will also terminate spot trading bot services for SHIB/TUSD on June 28, advising users to update or cancel their trading bot to avoid potential losses. This is not the first time Binance has removed a Shiba Inu trading pair; last year, the exchange removed the SHIB/BUSD margin pair.

Despite the delisting of SHIB/TUSD, Binance will continue to support eight other Shiba Inu trading pairs, including SHIB/USDT, SHIB/FDUSD, SHIB/USDC, SHIB/EUR, SHIB/TRY, SHIB/BRL, SHIB/DOGE, and SHIB/JPY. This means that users can still trade SHIB on these pairs. Additionally, Binance will delist other crypto spot trading pairs on June 28, including BLUR/FDUSD, MEME/ETH, LINK/TUSD, OSMO/BTC, NFP/BNB, and METIS/FDUSD.

The decision to delist SHIB/TUSD did not negatively impact SHIB's price, which was trading at $0.00001750 with a 24-hour increase of 0.63% at the time of writing. Shiba Inu has a trading volume of $355.51 million and is currently ranked among the top cryptocurrencies.

In conclusion, Binance's decision to delist SHIB/TUSD is part of its efforts to ensure user protection and maintain a healthy trading environment. While this may affect some users, Binance will continue to support other Shiba Inu trading pairs, allowing users to trade SHIB on the platform. As the cryptocurrency market continues to evolve, exchanges like Binance play a crucial role in shaping the industry's future.