Bitcoin Exchange Binance Will Delisting These Altcoin Trading Pairs at Margin!

Binance, the world's largest cryptocurrency exchange, announced today that it has made decisions to delete some altcoin trading pairs. Binance, which has decided to remove low-volume altcoin pairs from its platform, is also delisting some trading pairs in the margin market.

Binance, which has delisted a total of 4 altcoin pairs from cross and isolated margin, included the following words in the announcement text it shared on the subject:

“Binance Margin will delist the following margin trading pairs as of 2024-08-22 09:00 (UTC):

Cross Margin Pairs: BICO/BTC, DAR/BTC

Isolated Margin Pairs: BICO/BTC, BNT/BTC, DAR/BTC, UTK/BTC

Binance Margin will suspend isolated margin borrowing for the above-mentioned isolated margin pairs.

At 2024-08-22 06:00 (UTC), Binance Margin will close users’ positions, perform an automatic payment, and cancel all pending orders in the above-mentioned cross and isolated margin pairs. These pairs will then be removed from Margin.

Users are strongly advised that they will not be able to update their positions during the delisting process and are strongly advised to close their positions and/or transfer assets from their Margin Wallets to their Spot Wallets prior to the margin trading suspension.

Users can continue to trade the above assets on other trading pairs available on Binance Margin.”