🚨 Important Update: Binance Futures to Delist XEMUSDT, ORBSUSDT, and LOOMUSDT Perpetual Contracts! 📉

Fellow Binancians,

Stay informed! Binance Futures has announced the delisting of USDⓈ-M XEMUSDT, ORBSUSDT, and LOOMUSDT perpetual contracts. Mark your calendars to avoid last-minute surprises! 🗓️

🕒 Key Timeline:

2024-12-09, 08:30 UTC: Opening new positions for these contracts will no longer be allowed.

2024-12-09, 09:00 UTC:

Automatic settlement of all open positions will take place.

Delisting of the contracts will follow after the settlement.

Binance Funding Rate Arbitrage Bot will close all arbitrage strategies for the affected pairs.

⚠️ Important Note:

🔹 Action Required: Close your open positions before 09:00 UTC on 2024-12-09 to avoid automatic settlement.

🔹 These pairs will no longer support new arbitrage strategies after delisting.

This decision ensures efficient market operations and aligns with Binance's ongoing efforts to optimize its product offerings. 🌐

For the latest updates and further details, always check Binance’s official announcements. Let’s keep trading responsibly! 🚀

Stay sharp and manage your positions wisely! ✅