Binance has postponed the removal date of an altcoin in futures trading to January 31, 2025, giving users additional time to close their positions.
Binance Futures has updated the termination date for the USDⓈ-M OMGUSDT perpetual contract to 12:00 UTC on January 31, 2025. On this date, the contract will be automatically closed and then removed from the platform.
Users are advised to close their open positions before the specified time period expires. Traders who want to avoid automatic closings are advised to manually close their positions before this date. Binance apologized for any inconvenience this change may cause and thanked users for their patience and understanding.
This postponement aims to give Binance’s traders more time to adjust their positions. This new schedule is an important transition for traders interested in OMGUSDT contracts. With the removal, Binance Futures once again emphasized that users should be careful about possible consequences that could affect their portfolios.
Stay tuned for new information.