Binance Delisting Margin Trading Pairs: Important Notice to
Binance, one of the leading cryptocurrency exchanges, has announced the removal of certain margin trading pairs effective March 15, 2024. This move impacts both cross margin and isolated margin trading on the platform.
The margin trading pairs scheduled for delisting include:
Cross Margin Pairs:
- ALICE/BTC
- BAL/BTC
- BOND/BTC
- OAX/BTC
Isolated Margin Pairs:
- ALICE/BTC
- BAL/BTC
- BOND/BTC
- DEGO/BTC
- GNS/BTC
- OAX/BTC
- ORN/BTC
The delisting process will occur in two stages:
1. Suspension of Isolated Margin Borrowing: From March 8, 2024, isolated margin borrowing will be temporarily suspended for the affected pairs.
2. Closure and Settlement: On March 15, 2024, all positions related to the listed margin trading pairs will be closed, and an automatic settlement will be conducted. Additionally, all pending orders associated with these pairs will be canceled. Following the settlement, these pairs will be removed from the Margin trading section.
Users are advised to take the following actions before the cessation of margin trading on March 15, 2024, at 06:00 (UTC):
- Close Positions: Users are strongly encouraged to close their positions on the affected margin trading pairs.
- Transfer Assets: To mitigate potential losses, users should consider transferring their assets from Margin Wallets to Spot Wallets.
It is essential for users to note that they will not be able to update their positions during the delisting process. Binance emphasizes that it will not be liable for any losses incurred due to failure to act in accordance with this notice.
Furthermore, users are reminded to refer to the original English version of the announcement for the most accurate and up-to-date information, as discrepancies may exist in translated versions.
Binance expresses gratitude for the continued support of its users as it strives to maintain a secure and efficient trading environment.
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