Binance to Delist Margin Trading Pairs

by Giorgi Kostiuk

2 years ago

Delisted Pairs
Important Dates
Recommendations for Users

Binance has announced that it will be delisting a number of margin trading pairs on September 24, 2024, as part of its regular updates aimed at improving the trading experience.

Delisted Pairs

The following pairs will be removed from Binance's margin trading services:

> > Cross Margin Pairs: CHZ/FDUSD, CLV/BTC > > Isolated Margin Pairs: CHZ/FDUSD, CLV/BTC, RAD/BTC >

Important Dates

September 19, 2024, 09:00: Binance will suspend isolated margin lending for affected pairs.

September 24, 2024, 09:00: Binance Margin will automatically close all open positions, close pending trades, and cancel pending orders involving the affected cross and isolated margin pairs. The pairs will then be completely removed from the platform.

Recommendations for Users

Users are advised to manage their positions prior to the delisting date to avoid disruptions. Binance encourages users to close their positions and transfer funds from Margin Wallets to Spot Wallets before margin trading ends. Affected assets will continue to be traded via other pairs on Binance Margin. Binance emphasizes that it will not be responsible for any possible losses that may occur during the delisting process.

These changes are aimed at improving the trading experience for users on the platform. Users can continue to trade affected assets through other pairs on Binance Margin.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

Concerns of an AI Bubble Similar to 2008 Housing Crisis

Concerns about a potential AI bubble are being discussed, drawing comparisons to the 2008 housing crisis and the dot-com bubble.

Zainab Kamara3 hours ago

Rising Treasury Yields Impact Stock and Crypto Markets

The recent surge in US 30-year treasury yields is impacting stock and cryptocurrency markets, leading to increased borrowing costs and a preference for safer investments.

Jacob Williams3 hours ago

AI Companies Destroying Books for Training Data Raises Concerns

AI companies are acquiring and destroying physical books to create training datasets, raising concerns about copyright and the preservation of literary works.

Son Min-ho21 hours ago

Cryptocurrency Scams Account for Over Half of Cybercrime Losses

A report by the Consumer Federation of America reveals that cryptocurrency scams have led to significant financial losses, with estimates reaching 807 billion.