The world’s largest cryptocurrency exchange, Binance, has announced the removal of several altcoin pairs from its margin trading platform. As part of its regular updates aimed at enhancing the trading experience, Binance will delist a number of margin trading pairs on September 24, 2024.
Binance to Delist Margin Trading Pairs on September 24, 2024
The following pairs will be removed from Binance’s margin trading services:
- Cross Margin Pairs: CHZ/FDUSD, CLV/BTC
- Isolated Margin Pairs: CHZ/FDUSD, CLV/BTC, RAD/BTC
Key Dates to Remember:
- September 19, 2024, 09:00: Binance will suspend isolated margin borrowing for the affected pairs.
- September 24, 2024, 09:00: Binance will automatically close all open positions, cancel all pending orders involving the affected cross and isolated margin pairs, and remove the pairs from the platform.
Binance advises users to manage their positions before the delisting date to avoid any disruptions. Users are encouraged to close their positions and transfer their funds from the Margin Wallet to the Spot Wallet before margin trading is fully terminated. Trading of the affected assets will still be available through other pairs on Binance Margin.
Cross Margin Pairs: CHZ/FDUSD, CLV/BTC
Isolated Margin Pairs: CHZ/FDUSD, CLV/BTC, RAD/BTC
Important Timeline:
- September 19, 2024, 09:00: Isolated margin borrowing for these pairs will be suspended.
- September 24, 2024, 09:00: All open positions will be closed, pending trades will be canceled, and the pairs will be fully delisted.
Users are strongly encouraged to take action before the deadline to avoid any potential issues. Binance urges traders to move their funds and close positions in a timely manner. Trading of these assets via other pairs on Binance Margin will continue to be available.
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