The number of spot pairs on major cryptocurrency exchanges has declined this year. Monthly spot trading pairs on the largest exchange, Binance, fell to 1,380 in July from 1,420 in January. The number of monthly spot pairs on Binance US dropped from 337 in June to 184 in July. Spot trading pairs supported by Coinbase dropped from 557 in March to 524 in July. Kraken’s spot trading pairs also dropped from 668 pairs in February to 651 pairs in July. After the U.S. Securities and Exchange Commission (SEC) sued Coinbase and Binance in early June, the exchange has stopped supporting several trading pairs.