Binance has announced plans to delist the UTK/USDC and ZIL/BTC trading pairs from its margin trading options. This removal affects both cross and isolated margin and is set to take effect on June 25, 2025.
Removal of Margin Pairs
Margin pairs to be removed:
* Cross Margin: UTK/USDC, ZIL/BTC * Isolated Margin: UTK/USDC, ZIL/BTC
Critical Dates
Key dates:
* June 24, 2025 09:00 (GMT+3): Suspension of new borrowing transactions for isolated margin. * June 25, 2025 09:00 (UTC): All open positions will be automatically closed, pending orders will be canceled, and the relevant pairs will be completely removed from Binance Margin.
User Warnings
Warnings for users:
* Users will no longer be able to transfer assets to isolated margin accounts via manual or automatic transfers in these pairs. * Users who owe money in the relevant tokens will only be able to make manual transfers up to the current debt amount (after collateral is deducted). * Binance stated that users will not be able to update their positions during the removal process, and it will not be responsible for any potential losses. * Users are strongly advised to close their positions or transfer their assets to Spot Accounts before margin trading expires.
After the removal of assets like UTK and ZIL from margin trading, these tokens will continue to be traded on other existing trading pairs.
