Binance Margin Will Delist JST, SNM, SUN as Borrowable Assets From Cross Margin

2023-01-27 06:10

Fellow Binancians,

Binance Margin will delist JST, SNM and SUN as borrowable assets from Cross Margin at 2023-02-10 06:00 (UTC).

Cross Margin Pairs: JST/BUSD, JST/BTC, JST/USDT, SNM/BUSD, SUN/BUSD, SUN/USDT

Please note:

At 2023-01-30 06:00 (UTC), Binance will suspend JST/BUSD, JST/BTC, JST/USDT, SNM/BUSD, SUN/BUSD and SUN/USDT cross margin borrowing.
At 2023-02-10 06:00 (UTC), Binance will close users’ positions, conduct an automatic settlement and cancel all pending orders on the JST/BUSD, JST/BTC, JST/USDT, SNM/BUSD, SUN/BUSD and SUN/USDT cross margin pairs. We will then delist these pairs from Cross Margin. Please note that users will not be able to update their positions during the delisting process, and they are strongly advised to close their positions prior to the cessation of margin trading to avoid any potential losses.
Portfolio Margin users are advised to transfer the tokens mentioned above out of their Margin Wallet to their Spot Wallet and to top up their margin balance, if required before 2023-02-10 06:00 (UTC). Users should monitor Unified Maintenance Margin Ratio (Uni-MMR) closely to avoid any potential liquidation that may result from the removal of the tokens mentioned above from the Margin Wallet.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-01-27

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

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