This is a general announcement. This announcement is not intended for users in regions where products and services referred to here are not available.
Fellow Binancians,
Binance Margin will delist TUSD from Cross and Isolated Margin at 2024-07-24 06:00 (UTC).
Cross Margin Pairs: BTC/TUSD, TUSD/USDT
Isolated Margin Pairs: BTC/TUSD, TUSD/USDT
Please note:
At 2024-07-12 06:00 (UTC), Binance Margin will suspend isolated margin borrowing on the aforementioned isolated margin pair(s).
At 2024-07-24 06:00 (UTC), Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned cross and isolated margin pair(s). These pair(s) will then be removed from 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 and/or transfer their assets from Margin Wallets to Spot Wallets prior to the cessation of margin trading at 2024-07-24 06:00 (UTC). Binance will not be responsible for any potential losses.
Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Wallets to their Spot Wallets and to top up their margin balance before 2024-07-24 06:00 (UTC) where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Wallet.
All TUSD balances in Cross Margin Wallet under the Portfolio Margin account will be automatically converted to USDT from 2024-07-24 06:00 (UTC). The conversion may take approximately 24 hours or longer. Binance Margin will not be liable for any losses on new positions during this period that may incur due to the conversion of funds. Refer to this FAQ for more information.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-07-11