Binance, the world’s leading cryptocurrency exchange, has halted trading for the FTT/USDT trading pair following the FTX fallout.
The exchange has also removed FTT from its derivatives platform.
The move hasn’t been officially announced, but a search on the Binance exchange reveals no results for the FTT/USDT trading pair.
The same is true for the Perpetual Contracts on Binance Futures.
However, it’s worth noting that the FTT/BUSD trading pair is still active, albeit with clear warnings and disclosures that the pair is particularly volatile and users should exercise maximum caution.
It’s also interesting that despite the ongoing fiasco, traders remain interested in FTT. At the time of this writing, the pair has a 24-hour volume of over 74 million BUSD.
(By George Georgiev)
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