Binance Margin announced in its announcement that it has delisted a large number of isolated margin trading pairs to streamline its services and optimize user experience.
Binance Margin Announces Delisting of Multiple Trading Pairs
The removal of these pairs is scheduled to go into effect at 09:00 on February 16, 2024.
List of Delisted Couples:
AERGO/BTC
BETA/BTC
DREP/BTC
FARM/BTC
FIRO/BTC
PLA/BTC
POWR/ETH
SAND/ETH
VITE/BTC
ZEN/BTC
ZEN/ETH
Removal Timeline:
Suspension of Isolated Collateral Borrowing: Effective as of February 9, 2024, 09:00.
Closing Positions and Settlement:
Planned date: February 16, 2024, 09:00.
Removal from Isolated Margin: After automatic settlement, pairs will be removed from Isolated Margin.
Things to Do by Users:
Before delisting, users are strongly recommended to take the following actions:
Close all open positions on the affected trading pairs.
Transfer of assets from Margin Wallets to Spot Wallets prior to cessation of margin trading.
Given that users will not have the opportunity to update or change their positions throughout the delisting process, failure to take action could result in potential losses.
Binance emphasizes that it will not be responsible for any losses incurred as a result of failure to comply with these guidelines.
*This is not investment advice.
Read the full article here