In a significant update for its users, Binance has announced the removal of two perpetual contracts from its Futures platform, COINM GMTUSD and DOGEUSD. According to the results published in the material, this decision is set to take effect on October 28, 2025, prompting users to take action regarding their open positions.
Automatic Closure and Delisting of Open Positions
The exchange will automatically close and delist all open positions for these contracts at 12:00 PM on the specified date. Users are strongly encouraged to manually close their positions prior to this deadline as the option to open new positions will be disabled starting at 11:30 AM.
Potential Risks During Liquidation
Binance has also highlighted the potential for high volatility and low liquidity during the liquidation process urging users to closely monitor their positions to mitigate risks.
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