Binance has announced the removal of several margin trading pairs from its platform, effective January 16, 2025, at 06:00 UTC. This update impacts both Cross Margin and Isolated Margin trading pairs.
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
Key Dates and Actions
- Effective Immediately:
- Users cannot transfer assets of the affected pairs into Isolated Margin accounts via manual or Auto-Transfer Mode.
- Users with outstanding liabilities in these pairs may only transfer assets equivalent to their liabilities into their Isolated Margin accounts, minus any available collateral.
- January 9, 2025, at 06:00 UTC:
- Borrowing for the affected Isolated Margin pairs will be suspended.
- January 16, 2025, at 06:00 UTC:
- Binance will automatically close all open positions, settle 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 impacted assets through other available trading pairs on Binance Margin.
Important User Guidance
- Plan Ahead: Users are advised to manually close their positions and transfer assets from Margin Accounts to Spot Accounts before January 16, 2025, 06:00 UTC to avoid automatic settlements and potential losses.
- Risk Awareness: Binance will not be responsible for any losses incurred during the delisting process.
For more details, users can refer to Binance’s official channels.
