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Binance, one of the world’s largest cryptocurrency exchanges, announced on its official website that it will be removing certain margin trading pairs from its platform.
Accordingly, as of February 26th at 09:00, 10 cross margin and 9 isolated margin trading pairs will be delisted.
The pairs to be removed from cross margin trading include $POL/$USDC, ALCX/$USDT, SAPIEN/$USDC, $PNUT/$USDC, ARKM/$USDC, BROCCOLI714/$USDC, OPEN/$USDC, $CKB/$USDC, HOLO/$USDC, and $FIL/$BTC.
In the isolated margin category, the following trading pairs will be delisted: $POL/$USDC, ALCX/$USDT, SAPIEN/$USDC, $PNUT/$USDC, ARKM/$USDC, OPEN/$USDC, $CKB/$USDC, HOLO/$USDC, and $FIL/$BTC.
The delisting decision is believed to have been made as a result of periodic evaluations of criteria such as liquidity, trading volume, and risk factors in the currency pairs in question. Binance regularly conducts listing reviews to protect user security and market stability in margin markets.
Users are required to close their open positions or make necessary adjustments before the specified date. Otherwise, automatic liquidation processes may be activated by the system.
No additional information was shared in the announcement regarding any changes to spot markets. Investors are advised to closely follow official announcements.
*This is not investment advice.
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