TechFlow news, January 8 — According to an official announcement, Binance will delist the following margin trading pairs on January 16, 2025 at 06:00 (UTC):
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Cross-margin trading pairs: LIT/BTC, NULS/BTC, SFP/BTC
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Isolated-margin trading pairs: BEL/BTC, LIT/BTC, LSK/BTC, NULS/BTC, SFP/BTC
The announcement states:
- Effective immediately, users will no longer be able to transfer assets of the aforementioned isolated margin trading pairs into isolated margin accounts via manual or automatic transfer modes. If a user holds outstanding debt in any of these tokens, they may only manually transfer an amount equal to their liability minus existing collateral in the account;
- Binance Margin Trading Platform will suspend lending services for the above-mentioned isolated margin trading pairs at 14:00 (UTC+8) on January 9, 2025;
- Binance Margin Trading Platform will automatically close and liquidate both cross-margin and isolated-margin positions for the above trading pairs at 14:00 (UTC+8) on January 16, 2025, and cancel all open orders for these pairs. After this time, the affected trading pairs will be removed from the margin platform;
- Users can still trade the aforementioned cryptocurrencies via other available trading pairs on Binance Margin;
- During the delisting process, users will not be able to adjust their positions. Users are strongly advised to close their leveraged positions and/or transfer assets from their margin wallets to spot wallets before 14:00 (UTC+8) on January 16, 2025.
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