💥💥💥I’ve received several inquiries regarding the future of our trades on $FTM , as it will soon be swapped to a new token. While this information is available on the pair trading page, I wanted to provide you with a clear breakdown to ensure you don’t miss any important updates. Here’s what you need to know:
Binance Futures will be closing all positions and performing an automatic settlement for the $FTM USDT and FTMUSD COIN-M Perpetual Contracts on 6th January 2025 at 09:00 (UTC). Once the settlement process is complete, these contracts will be officially delisted. To avoid any automatic actions on your account, you are strongly encouraged to close your open positions before the scheduled deadline.
Additionally, please note that starting from 6th January 2025 at 08:30 (UTC), users will no longer be able to initiate new positions on the mentioned contracts. Any positions left open beyond the deadline will be automatically closed during the settlement process.
To ensure a seamless transition and avoid potential disruptions, make sure to take the necessary steps before the cutoff time. If you have further questions or need assistance, feel free to reach out. Stay informed and trade wisely!