In a continued effort to maintain a high-quality trading environment, major crypto exchange Binance has announced the upcoming delisting of six trading
In a continued effort to maintain a high-quality trading environment, major crypto exchange Binance has announced the upcoming delisting of six trading pairs while also preparing to list three new trading pairs.
Six trading pairs — MOVE/BTC, ONE/BTC, RUNE/FDUSD, TFUEL/BTC, TNSR/FDUSD and USUAL/FDUSD — would be delisted from Binance Margin.
According to a recent announcement, Binance Margin will delist these margin trading pairs as applicable on June 18 at 6:00 a.m. (UTC). Cross-margin pairs MOVE/BTC, ONE/BTC, RUNE/FDUSD, TFUEL/BTC, TNSR/FDUSD and USUAL/FDUSDC will be delisted on this date, as well as isolated margin pairs of ONE/BTC, TFUEL/BTC, TNSR/FDUSD and USUAL/FDUSD.
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Effective immediately, users will no longer be able to transfer any amount of assets of the crypto trading pairs via manual transfers and Auto-Transfer Mode into their isolated margin accounts.
In a separate announcement, Binance will open trading for three crypto pairs: FLUX/USDC, MASK/USDC and SUSHI/USDC. This move is to expand the list of trading choices offered on Binance Spot and enhance users trading experience.
Key dates ahead
Binance will begin trading for the FLUX/USDC, MASK/USDC and SUSHI/USDC pairs on June 17 at 8:00 a.m. (UTC). Binance will simultaneously enable trading bots for these pairs.
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On June 17 at 6:00 a.m. (UTC), Binance Margin will suspend isolated margin borrowing on isolated margin pairs ONE/BTC, TFUEL/BTC, TNSR/FDUSD and USUAL/FDUSD.
On June 18 at 6:00 a.m. (UTC), Binance Margin will close users positions, conduct an automatic settlement and cancel all pending orders on the MOVE/BTC, ONE/BTC, RUNE/FDUSD, TFUEL/BTC, TNSR/FDUSD and USUAL/FDUSDC pairs, which will thereafter be removed from Binance Margin.
In light of this, crypto users are urged to adjust accordingly, as they will not be able to update their positions during the delisting process. To avoid potential losses, users are strongly advised to close their positions and/or transfer their assets from margin accounts to spot accounts before the cessation of margin trading on June 18 at 6:00 a.m. (UTC).
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