Bitcoin Exchange Binance Announces It Will Delist Two Altcoin Trading Pairs! Here Are the Details

Binance announced that it will remove UTK/$USDC and $ZIL/$BTC from its margin trading list on June 25, 2025.

Binance Margin to Delisting UTK/$USDC and $ZIL/$BTC Margin Trading Pairs on June 25

This delisting transaction, which covers both cross margin and isolated margin transactions, will come into effect at 09:00 (GMT+3).

Margin Pairs to be Removed:

• Cross Margin: UTK/$USDC, $ZIL/$BTC
• Isolated Margin: UTK/$USDC, $ZIL/$BTC

Critical Dates:

• June 24, 2025 09:00 (GMT+3): New borrowing transactions for isolated margin transactions will be suspended.
• June 25, 2025 09:00 (UTC): All open positions will be automatically closed, pending orders will be canceled, and the relevant pairs will be completely removed from Binance Margin.

Warnings for Users:

• Users will no longer be able to transfer assets to isolated margin accounts via manual or automatic transfers in these pairs.
• Users who owe money in the relevant tokens will only be able to make manual transfers up to the current debt amount (after collateral is deducted).
• Binance stated that users will not be able to update their positions during the removal process and that it will not be responsible for any potential losses.
• Users are strongly advised to close their positions or transfer their assets to Spot Accounts before margin trading expires.

Binance noted that after assets like UTK and $ZIL were removed from margin, these tokens would continue to be traded on other existing trading pairs.

*This is not investment advice.