Binance, the world’s largest cryptocurrency exchange, announced that the FTX token (FTT) will delist many trading pairs from spot and margin trading.
Binance Monday, November 14 In an official statement on the day, FTX token (FTT) for some trading pairs spot announced that it will be delisted from the transactions. In addition, Binance announced yesterday that FTT will be removed from isolated and cross margin transactions.
According to the statement, Binance 14 November on FTT BTC, BUSD and USDT It will suspend isolated and cross margin borrowing for its currency pairs. Then all open positions will be closed automatically and Users will be paid directly.
Binance will cancel all pending orders after all these transactions and FTT/BUSD, FTT/BTC and FTT/USDT will remove trading pairs from isolated and cross margin trades.
Binance also FTT/BNB, FTT/BTC, FTT/ETH and FTT/USDT trading pairs November 15 will be removed from spot transactions. After the aforementioned trading pairs are removed, investors FTT for only BUSD The pair will be able to continue spot trading.
According to CoinGecko data FTT in the last 24 hour period 14.7% in decline at $1.57 is being traded.