Binance will remove the 1INCH/ BTC and WIF/ BTC Spot Trading pairs, meaning it will only remove the BTC -denominated market and not delist these Token from the exchange.
The key difference lies in the distinction between "delisting a trading pair" and "delisting an asset." For users placing orders or using trading bots on these pairs, the change could directly impact order execution and position management.
- Binance only removed 1INCH/ BTC and WIF/ BTC , not all 1INCH or WIF Token .
- When the BTC pair is delisted, users may have to switch to stablecoins like USDT or USDC to continue trading.
- Open orders on delisted pairs will typically be canceled, but the Token balance in your Binance wallet will not be affected.
What has Binance confirmed?
Binance has confirmed it will delist several spot pairs, including 1INCH/ BTC and WIF/ BTC, according to the exchange's official support announcement page. This is a decision at the trading pair level, not a termination of support for the asset itself.
This means that 1INCH and WIF may still appear on other markets if Binance maintains other pricing pairs. For users, the most significant change is that direct trading with BTC will disappear.
Simply put, the exchange is narrowing down certain specific markets rather than completely removing the two Token from its trading ecosystem. Therefore, the impact is much lower than a full Token delisting.
How will removing the BTC pair affect traders?
The loss of the BTC-quoted pair means users can no longer trade directly between BTC and these altcoins within that pair. If they want to continue trading, they may have to go through a stablecoin pair such as USDT or USDC.
For traders accustomed to using BTC as their currency, this creates an additional conversion step. The common consequences are increased fees, higher price spreads, and a less convenient trading process.
Binance typically reviews the liquidation and Order Book depth of spot pairs to decide whether to hold or de-open them. BTC pairs like 1INCH/ BTC and WIF/ BTC often have lower volume compared to USDT denominated pairs, making them more susceptible to XEM .
Are 1INCH and WIF still being traded?
Yes, on a different level, the BTC pair has just been delisted. The delisting of 1INCH/ BTC and WIF/ BTC does not mean that 1INCH or WIF will disappear from Binance or from the market in general.
1INCH is the Governance Token of 1inch Network, while WIF is the ticker for dogwifat, a memecoin on Solana. These two assets may still appear on other trading pairs if the exchange continues to support them.
What traders need to monitor is which pairs remain active after the deactivation and which are no longer available. This is what determines whether they can continue trading in the same way or need to switch to a different entry method.
What should users do before delisting?
Those with open orders on 1INCH/ BTC or WIF/ BTC should check and proactively cancel them if necessary. When the pair is deactivated, pending orders are usually processed automatically by the exchange, but you shouldn't rely entirely on that.
If you are using a bot or automated trading system, you need to update your API configuration to avoid errors after delisting. Orders or queries still calling on a pair that no longer exists may return errors and disrupt your strategy.
The 1INCH or WIF balance in your Binance wallet is not lost simply because the BTC pair is delisted. Users can still hold the Token in their account or switch to other supported pairs if they wish to continue trading.
Summary
Binance's move primarily impacts how 1INCH and WIF are traded on BTC price pairs, not on Token ownership. For investors and traders, the most important thing to watch is the delisting time, the availability of alternative pairs, and the impact of the lack of liquidation in the BTC market.
