Dear Binance users,

We want to inform you about the upcoming changes regarding TUSD trading on Binance Margin. Starting July 24, 2024, at 06:00 (UTC), TUSD will be removed from the list of cross-margin and isolated trading pairs. Specifically, the affected pairs are BTC/TUSD and $TUSD /USDT.

To ensure a smooth transition, isolated margin lending on these pairs will be suspended starting July 12, 2024 at 06:00 (UTC). On July 24, 2024, at 06:00 (UTC), all positions will be closed, pending orders will be canceled and automatic liquidations will take place for these margin pairs.

During this exclusion process, users will not be able to modify their positions. We strongly recommend all affected users to close their positions and transfer their assets from Margin Wallets to Spot Wallets before July 24, 2024 at 06:00 (UTC) to avoid potential losses. Please note that Binance will not take responsibility for any losses incurred during this transition period.

For Portfolio Margin users holding TUSD in Cross Margin Wallets, all balances will be automatically converted to USDT starting July 24, 2024 at 06:00 (UTC). The conversion process may take up to 24 hours or more, during which time new positions may be affected. It is critical that users closely monitor their Unified Maintenance Margin Ratio (uniMMR) to avoid any liquidation risk due to these changes.

We recommend that you consult the original English version of this announcement for the most accurate and detailed information. Thank you for your continued support and understanding as we work to improve our services. Best regards, Binance Team