Binance to Delist Multiple Margin Trading Pairs on September 24, 2024
Timothy Morano Sep 17, 2024 08:28
Binance will remove various cross and isolated margin trading pairs on September 24, 2024, impacting CHZ/FDUSD, CLV/BTC, and RAD/BTC pairs.
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.
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