Binance to Delist Multiple Margin Trading Pairs on September 24, 2024

Binance,
a
leading
cryptocurrency
exchange,
has
announced
the
delisting
of
several
margin
trading
pairs
effective
from
September
24,
2024,
at
06:00
(UTC).
This
move
will
affect
both
cross
and
isolated
margin
pairs,
according
to

Binance.

Details
of
the
Delisting

The
affected
pairs
include:

Cross
Margin
Pairs:
CHZ/FDUSD,
CLV/BTC

Isolated
Margin
Pairs:
CHZ/FDUSD,
CLV/BTC,
RAD/BTC

Binance
Margin
will
suspend
isolated
margin
borrowing
for
these
pairs
on
September
19,
2024,
at
06:00
(UTC).
Following
that,
on
September
24,
2024,
at
06:00
(UTC),
the
platform
will
close
users’
positions,
conduct
automatic
settlements,
and
cancel
all
pending
orders
related
to
these
pairs.

Guidance
for
Users

Users
are
advised
to
close
their
positions
and
transfer
their
assets
from
Margin
Wallets
to
Spot
Wallets
before
the
cessation
of
margin
trading
on
September
24,
2024.
Binance
has
clarified
that
users
will
not
be
able
to
update
their
positions
during
the
delisting
process
and
will
not
be
held
responsible
for
any
potential
losses
incurred.

Despite
the
removal
of
these
pairs,
users
can
still
trade
the
affected
assets
through
other
available
trading
pairs
on
Binance
Margin.

Additional
Information

Binance
has
also
highlighted
that
discrepancies
may
exist
in
translated
versions
of
the
announcement,
urging
users
to
refer
to
the
original
English
version
for
the
most
accurate
information.

This
delisting
follows
Binance’s
ongoing
efforts
to
streamline
its
trading
services
and
enhance
user
experience.
In
related
news,
Binance
recently
introduced
new
features
in
its
trading
app,
available
on
both
iOS
and
Android,
to
offer
better
trading
tools
and
user
interface
improvements.

Image
source:
Shutterstock