Cryptocurrency exchange Binance announced the upcoming removal of certain margin trading pairs for various altcoins, including Stella (ALPHA), Cortex (CTXC), and DODO (DODO). This decision will be effective from March 25, 2025.
Which Altcoins Will Lose Margin Trading Pairs?
The cross and isolated margin trading pairs to be removed by Binance Margin are:
* Cross Margin Trading Pairs: ALPHA/BTC, CTXC/BTC, DODO/BTC, IDEX/USDC, LISTA/FDUSD, NKN/BTC, SAGA/BTC * Isolated Margin Trading Pairs: ALPHA/BTC, CTXC/BTC, DODO/BTC, FLM/BTC, IDEX/USDC, LISTA/FDUSD, NKN/BTC
Users are urged to transfer their assets from margin accounts to spot accounts promptly.
What Awaits Binance Users?
As of March 19, 2025, at 09:00 UTC, Binance Margin will suspend borrowing operations on the relevant isolated margin trading pairs. After this date, users can only transfer up to the amount of their existing debts.
On March 25, 2025, at 09:00 UTC, Binance will automatically liquidate user positions and cancel all pending orders for the affected trading pairs. Following this procedure, these trading pairs will be completely removed from margin trading. However, users can continue buying and selling the specified altcoins through different trading pairs.
Recommendations for Users
To mitigate risks of losses, users must close their positions and transfer assets from margin accounts to spot accounts before the designated dates. Binance emphasized that it will not be responsible for any losses incurred due to failure to complete these transactions on time.
Binance users should carefully monitor changes in margin trading pairs and take necessary actions in a timely manner to minimize potential losses.
