Binance to Delist Several Margin Trading Pairs, Including ARB/TUSD and APE/ETH
Terrill Dicki Jul 09, 2024 10:19
Binance will delist several margin trading pairs, including ARB/TUSD and APE/ETH, on July 17, 2024. Users are advised to adjust their positions accordingly.
In a recent announcement, Binance, one of the world's leading cryptocurrency exchanges, revealed plans to delist several margin trading pairs on July 17, 2024, at 06:00 (UTC). According to Binance, this decision impacts both cross and isolated margin trading pairs.
Details of the Delisting
Binance Margin will remove the following pairs:
- Cross Margin: ARB/TUSD, APE/ETH, BNB/TUSD, ETH/TUSD
- Isolated Margin: ARB/TUSD, APE/ETH, BNB/TUSD, ETH/TUSD, PEPE/TUSD
Important Dates and Actions
Key dates for users to note are:
- On July 11, 2024, at 06:00 (UTC), Binance Margin will suspend isolated margin borrowing on the affected pairs.
- On July 17, 2024, at 06:00 (UTC), Binance Margin will close users’ positions, conduct automatic settlements, and cancel all pending orders on the affected pairs. These pairs will then be removed from the margin trading platform.
Guidance for Users
Binance strongly advises users to close their positions and transfer assets from Margin Wallets to Spot Wallets before the cessation of margin trading on July 17, 2024. During the delisting process, users will not be able to update their positions. The exchange has emphasized that it will not be responsible for any potential losses incurred during this period.
Users can continue trading the affected assets on other available pairs within Binance Margin.
Additional Information
Binance reserves the right to amend or cancel this announcement at any time without prior notice. Users in regions where the mentioned products and services are not available should disregard this announcement.
For more details, you can view the full announcement on Binance.
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