diff --git a/freqtrade/plugins/pairlistmanager.py b/freqtrade/plugins/pairlistmanager.py
index face79729..1e79dc743 100644
--- a/freqtrade/plugins/pairlistmanager.py
+++ b/freqtrade/plugins/pairlistmanager.py
@@ -2,13 +2,14 @@
 PairList manager class
 """
 import logging
-from copy import deepcopy
+from functools import partial
 from typing import Dict, List
 
 from cachetools import TTLCache, cached
 
 from freqtrade.constants import ListPairsWithTimeframes
 from freqtrade.exceptions import OperationalException
+from freqtrade.mixins import LoggingMixin
 from freqtrade.plugins.pairlist.IPairList import IPairList
 from freqtrade.plugins.pairlist.pairlist_helpers import expand_pairlist
 from freqtrade.resolvers import PairListResolver
@@ -17,7 +18,7 @@ from freqtrade.resolvers import PairListResolver
 logger = logging.getLogger(__name__)
 
 
-class PairListManager():
+class PairListManager(LoggingMixin):
 
     def __init__(self, exchange, config: dict) -> None:
         self._exchange = exchange
@@ -41,6 +42,9 @@ class PairListManager():
         if not self._pairlist_handlers:
             raise OperationalException("No Pairlist Handlers defined")
 
+        refresh_period = config.get('pairlist_refresh_period', 3600)
+        LoggingMixin.__init__(self, logger, refresh_period)
+
     @property
     def whitelist(self) -> List[str]:
         """The current whitelist"""
@@ -108,9 +112,10 @@ class PairListManager():
         except ValueError as err:
             logger.error(f"Pair blacklist contains an invalid Wildcard: {err}")
             return []
-        for pair in deepcopy(pairlist):
+        log_once = partial(self.log_once, logmethod=logmethod)
+        for pair in pairlist.copy():
             if pair in blacklist:
-                logmethod(f"Pair {pair} in your blacklist. Removing it from whitelist...")
+                log_once(f"Pair {pair} in your blacklist. Removing it from whitelist...")
                 pairlist.remove(pair)
         return pairlist
 
diff --git a/tests/plugins/test_pairlist.py b/tests/plugins/test_pairlist.py
index b85484a60..dec6ca726 100644
--- a/tests/plugins/test_pairlist.py
+++ b/tests/plugins/test_pairlist.py
@@ -1,5 +1,6 @@
 # pragma pylint: disable=missing-docstring,C0103,protected-access
 
+import logging
 import time
 from unittest.mock import MagicMock, PropertyMock
 
@@ -217,6 +218,40 @@ def test_invalid_blacklist(mocker, markets, static_pl_conf, caplog):
     log_has_re(r"Pair blacklist contains an invalid Wildcard.*", caplog)
 
 
+def test_remove_logs_for_pairs_already_in_blacklist(mocker, markets, static_pl_conf, caplog):
+    logger = logging.getLogger(__name__)
+    freqtrade = get_patched_freqtradebot(mocker, static_pl_conf)
+    mocker.patch.multiple(
+        'freqtrade.exchange.Exchange',
+        exchange_has=MagicMock(return_value=True),
+        markets=PropertyMock(return_value=markets),
+    )
+    freqtrade.pairlists.refresh_pairlist()
+    whitelist = ['ETH/BTC', 'TKN/BTC']
+    caplog.clear()
+    caplog.set_level(logging.INFO)
+
+    # Ensure all except those in whitelist are removed.
+    assert set(whitelist) == set(freqtrade.pairlists.whitelist)
+    assert static_pl_conf['exchange']['pair_blacklist'] == freqtrade.pairlists.blacklist
+    # Ensure that log message wasn't generated.
+    assert not log_has('Pair BLK/BTC in your blacklist. Removing it from whitelist...', caplog)
+
+    new_whitelist = freqtrade.pairlists.verify_blacklist(whitelist + ['BLK/BTC'], logger.warning)
+    # Ensure that the pair is removed from the white list, and properly logged.
+    assert set(whitelist) == set(new_whitelist)
+    matches = sum(1 for message in caplog.messages
+                  if message == 'Pair BLK/BTC in your blacklist. Removing it from whitelist...')
+    assert matches == 1
+
+    new_whitelist = freqtrade.pairlists.verify_blacklist(whitelist + ['BLK/BTC'], logger.warning)
+    # Ensure that the pair is not logged anymore when being removed from the pair list.
+    assert set(whitelist) == set(new_whitelist)
+    matches = sum(1 for message in caplog.messages
+                  if message == 'Pair BLK/BTC in your blacklist. Removing it from whitelist...')
+    assert matches == 1
+
+
 def test_refresh_pairlist_dynamic(mocker, shitcoinmarkets, tickers, whitelist_conf):
 
     mocker.patch.multiple(