Bitcoin Exchange Binance Announces Delisting of Multiple Altcoin Trading Pairs from Margin Trading! Here Are the Details

Source of this Article
Bitcoin Sistemi 9 months ago 402

Binance has announced that it will be delisting several margin trading pairs at 09:00 UTC on February 17, 2025, as part of its ongoing efforts to optimize its trading services.

Binance to Delisting Multiple Margin Trading Pairs on February 17

Margin Trading Pairs Affected

Cross Margin Pairs:

Isolated Margin Pairs:

  • HMSTR/FDUSD
  • ILV/BTC
  • LTO/BTC
  • MDT/BTC
  • SAGA/BTC

Important Timeline and User Instructions

  • Effective Today: Users can no longer transfer assets from affected pairs to their Isolated Collateral accounts via manual transfers or Automatic Transfer Mode. However, users with outstanding debts can continue to transfer assets to cover their debts.
  • February 12, 2025, 09:00: Binance will suspend isolated margin lending for delisted pairs.
  • February 17, 2025, 09:00: Binance will automatically close all positions, process payouts, and cancel pending orders for the affected pairs. These pairs will then be completely removed from Binance Margin.
  • Users must close their positions and transfer their assets from Margin Accounts to Spot Accounts before 09:00 on February 17, 2025 to avoid forced liquidation.
  • Binance warns that it will not be responsible for any potential losses that may occur during the delisting process.
  • The affected assets will continue to be available for trading via other Binance Margin trading pairs.

This delisting is part of Binance's commitment to streamline margin offerings and provide the best trading experience.

*This is not investment advice.

Continue Reading: Bitcoin Exchange Binance Announces Delisting of Multiple Altcoin Trading Pairs from Margin Trading! Here Are the Details



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