Delist Arrived from Binance for 5 Coin Pairs: Will Remove It from Futures!

Binance, the world's largest cryptocurrency exchange, announced that it will delist 5 coin pairs from permanent futures transactions.

Binance announced in its official statement on Friday, May 10, that it will delist Kyber Network Crystal ($KNC ), ICON ($ICX ), Tezos (#XTZ), Oasis Network (#ROSE ) and ApeCoin ($APE ) altcoins from “Coin margin” perpetual futures.

According to the statement, Binance will make leverage adjustments for the specified altcoin parities today at 13.30 and will close all open positions in KNCUSD, ICXUSD and XTZUSD perpetual contracts at 12.00 on May 20, and in ROSEUSD and APEUSD perpetual contracts at 12.00 on May 21.

Binance recommended investors to adjust their leverage values ​​in order to prevent a possible liquidation.

Users will be able to continue trading in spot trading pairs available on the platform for altcoins.