diff --git a/bin/freqtrade b/bin/freqtrade
deleted file mode 100755
index eee7cbef4..000000000
--- a/bin/freqtrade
+++ /dev/null
@@ -1,11 +0,0 @@
-#!/usr/bin/env python3
-
-import sys
-import logging
-
-logger = logging.getLogger(__name__)
-
-
-logger.error("DEPRECATED installation detected, please run `pip install -e .` again.")
-
-sys.exit(2)
diff --git a/docs/configuration.md b/docs/configuration.md
index 3de89301f..67e8578dd 100644
--- a/docs/configuration.md
+++ b/docs/configuration.md
@@ -584,7 +584,7 @@ It uses configuration from `exchange.pair_whitelist` and `exchange.pair_blacklis
 
 #### Volume Pair List
 
-`VolumePairList` selects `number_assets` top pairs based on `sort_key`, which can be one of `askVolume`, `bidVolume` and `quoteVolume` and defaults to `quoteVolume`.
+`VolumePairList` selects `number_assets` top pairs based on `sort_key`, which can only be `quoteVolume`.
 
 `VolumePairList` considers outputs of previous pairlists unless  it's the first configured pairlist, it does not consider `pair_whitelist`, but selects the top assets from all available markets (with matching stake-currency) on the exchange.
 
@@ -592,8 +592,6 @@ It uses configuration from `exchange.pair_whitelist` and `exchange.pair_blacklis
 
 `VolumePairList` is based on the ticker data, as reported by the ccxt library:
 
-* The `bidVolume` is the volume (amount) of current best bid in the orderbook.
-* The `askVolume` is the volume (amount) of current best ask in the orderbook.
 * The `quoteVolume` is the amount of quote (stake) currency traded (bought or sold) in last 24 hours.
 
 ```json
diff --git a/docs/deprecated.md b/docs/deprecated.md
index 349d41a09..a7b57b10e 100644
--- a/docs/deprecated.md
+++ b/docs/deprecated.md
@@ -24,3 +24,13 @@ and in freqtrade 2019.7 (master branch).
 `--live` in the context of backtesting allowed to download the latest tick data for backtesting.
 Did only download the latest 500 candles, so was ineffective in getting good backtest data.
 Removed in 2019-7-dev (develop branch) and in freqtrade 2019-8 (master branch)
+
+### Allow running multiple pairlists in sequence
+
+The former `"pairlist"` section in the configuration has been removed, and is replaced by `"pairlists"` - being a list to specify a sequence of pairlists.
+
+The old section of configuration parameters (`"pairlist"`) has been deprecated in 2019.11 and has been removed in 2020.4.
+
+### deprecation of bidVolume and askVolume from volumepairlist
+
+Since only quoteVolume can be compared between assets, the other options (bidVolume, askVolume) have been deprecated in 2020.4.
diff --git a/freqtrade/configuration/deprecated_settings.py b/freqtrade/configuration/deprecated_settings.py
index 55497d4f5..3999ea422 100644
--- a/freqtrade/configuration/deprecated_settings.py
+++ b/freqtrade/configuration/deprecated_settings.py
@@ -58,29 +58,6 @@ def process_temporary_deprecated_settings(config: Dict[str, Any]) -> None:
     process_deprecated_setting(config, 'ask_strategy', 'ignore_roi_if_buy_signal',
                                'experimental', 'ignore_roi_if_buy_signal')
 
-    if not config.get('pairlists') and not config.get('pairlists'):
-        config['pairlists'] = [{'method': 'StaticPairList'}]
-        logger.warning(
-            "DEPRECATED: "
-            "Pairlists must be defined explicitly in the future."
-            "Defaulting to StaticPairList for now.")
-
-    if config.get('pairlist', {}).get("method") == 'VolumePairList':
-        logger.warning(
-            "DEPRECATED: "
-            f"Using VolumePairList in pairlist is deprecated and must be moved to pairlists. "
-            "Please refer to the docs on configuration details")
-        pl = {'method': 'VolumePairList'}
-        pl.update(config.get('pairlist', {}).get('config'))
-        config['pairlists'].append(pl)
-
-    if config.get('pairlist', {}).get('config', {}).get('precision_filter'):
-        logger.warning(
-            "DEPRECATED: "
-            f"Using precision_filter setting is deprecated and has been replaced by"
-            "PrecisionFilter. Please refer to the docs on configuration details")
-        config['pairlists'].append({'method': 'PrecisionFilter'})
-
     if (config.get('edge', {}).get('enabled', False)
        and 'capital_available_percentage' in config.get('edge', {})):
         logger.warning(
diff --git a/freqtrade/pairlist/VolumePairList.py b/freqtrade/pairlist/VolumePairList.py
index 65f43245c..eb44fe725 100644
--- a/freqtrade/pairlist/VolumePairList.py
+++ b/freqtrade/pairlist/VolumePairList.py
@@ -39,6 +39,10 @@ class VolumePairList(IPairList):
         if not self._validate_keys(self._sort_key):
             raise OperationalException(
                 f'key {self._sort_key} not in {SORT_VALUES}')
+        if self._sort_key != 'quoteVolume':
+            logger.warning(
+                "DEPRECATED: using any key other than quoteVolume for VolumePairList is deprecated."
+                )
 
     @property
     def needstickers(self) -> bool:
diff --git a/tests/pairlist/test_pairlist.py b/tests/pairlist/test_pairlist.py
index 7dfe8bcca..f9e2893c3 100644
--- a/tests/pairlist/test_pairlist.py
+++ b/tests/pairlist/test_pairlist.py
@@ -4,11 +4,11 @@ from unittest.mock import MagicMock, PropertyMock
 
 import pytest
 
-from freqtrade.exceptions import OperationalException
 from freqtrade.constants import AVAILABLE_PAIRLISTS
-from freqtrade.resolvers import PairListResolver
+from freqtrade.exceptions import OperationalException
 from freqtrade.pairlist.pairlistmanager import PairListManager
-from tests.conftest import get_patched_freqtradebot, log_has_re
+from freqtrade.resolvers import PairListResolver
+from tests.conftest import get_patched_freqtradebot, log_has, log_has_re
 
 # whitelist, blacklist
 
@@ -228,6 +228,13 @@ def test_VolumePairList_whitelist_gen(mocker, whitelist_conf, shitcoinmarkets, t
             assert (log_has_re(r'^Removed .* from whitelist, because 1 unit is .*%$', caplog) or
                     log_has_re(r"^Removed .* from whitelist, because ticker\['last'\] is empty.*",
                                caplog))
+        if pairlist['method'] == 'VolumePairList':
+            logmsg = ("DEPRECATED: using any key other than quoteVolume for "
+                      "VolumePairList is deprecated.")
+            if pairlist['sort_key'] != 'quoteVolume':
+                assert log_has(logmsg, caplog)
+            else:
+                assert not log_has(logmsg, caplog)
 
 
 def test_gen_pair_whitelist_not_supported(mocker, default_conf, tickers) -> None:
diff --git a/tests/test_configuration.py b/tests/test_configuration.py
index f29f2eaf2..c89f1381e 100644
--- a/tests/test_configuration.py
+++ b/tests/test_configuration.py
@@ -1041,18 +1041,6 @@ def test_process_temporary_deprecated_settings(mocker, default_conf, setting, ca
     assert default_conf[setting[0]][setting[1]] == setting[5]
 
 
-def test_process_deprecated_setting_pairlists(mocker, default_conf, caplog):
-    patched_configuration_load_config_file(mocker, default_conf)
-    default_conf.update({'pairlist': {
-        'method': 'VolumePairList',
-        'config': {'precision_filter': True}
-    }})
-
-    process_temporary_deprecated_settings(default_conf)
-    assert log_has_re(r'DEPRECATED.*precision_filter.*', caplog)
-    assert log_has_re(r'DEPRECATED.*in pairlist is deprecated and must be moved*', caplog)
-
-
 def test_process_deprecated_setting_edge(mocker, edge_conf, caplog):
     patched_configuration_load_config_file(mocker, edge_conf)
     edge_conf.update({'edge': {