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Binance has announced that it has removed several margin trading pairs from its platform, effective January 16, 2025, 09:00. This update affects both Cross Margin and Isolated Margin trading pairs.
Binance Announces Delisting of Select Margin Trading Pairs on January 16, 2025
Affected Trading Pairs
Cross Margin Pairs:
LIT/BTC
NULS/BTC
SFP/BTC
Isolated Margin Pairs:
BEL/BTC
LIT/BTC
LSK/BTC
NULS/BTC
SFP/BTC
Important Dates and Events
Users cannot transfer assets of affected pairs to their Isolated Collateral accounts manually or via Automatic Transfer Mode.
Users with outstanding liabilities in these pairs may only transfer assets equivalent to their liabilities into their Isolated Collateral accounts and deduct existing collateral.
January 9, 2025, 09:00:
Borrowing for affected Isolated Collateral pairs will be suspended.
January 16, 2025, 09:00:
Binance will automatically close all open positions, close liabilities, and cancel pending orders for the affected pairs.
The pairs will then be removed from Binance Margin.
Alternative Trading Options
Users can continue trading the affected assets on other available trading pairs on Binance Margin.
Users are advised to manually close their positions and transfer assets from Margin Accounts to Spot Accounts before 09:00 on January 16, 2025 to avoid automatic settlements and potential losses.
Binance will not be responsible for any losses incurred during the delisting process.
For more details, users can refer to Binance's official channels.
*This is not investment advice.