Binance to Delist WAXP and VET Trading Pairs

Binance to Delist WAXP and VET Trading Pairs

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by Tando Nkube

a year ago

Made with AI

Binance, one of the leading cryptocurrency exchanges, has announced significant changes to its margin trading offerings. Effective December 4, 2025, the exchange will remove the WAXP/BTC and VET/BTC trading pairs, a move aimed at improving liquidity and risk management for its users, as emphasized in the official statement.

Binance Delists Trading Pairs

The decision to delist these trading pairs comes as part of Binance's ongoing efforts to enhance market conditions. Starting from December 3, 2025, at 11:00 AM, Isolated Margin borrowing transactions for WAXP/BTC and VET/BTC will be suspended to mitigate the risk of sudden liquidations.

Restrictions on Asset Transfers

Following the delisting, users will encounter restrictions on transferring assets to their Isolated Margin accounts. Those who hold debt in these tokens will only be permitted to manually transfer assets up to their current debt amount.

Closing Positions and Pending Orders

Once the delisting process is finalized, Binance will automatically close all open positions in these pairs and cancel any pending orders. Users are strongly encouraged to review their positions and ensure they have the necessary balances to minimize potential risks.

In light of recent security concerns, Bithumb has taken proactive measures by suspending BOA token transactions, highlighting the ongoing challenges in the crypto space. For more details, see the full report here.

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