The world’s largest cryptocurrency exchange, Binance, has announced that it will delist some trading pairs from margin trading.
Binance said in an official statement on Tuesday, December 1, Acala (ACA), Anchor Protocol (ANC), OMG Network (OMG), Voyager Token (VGX), and DFI.money (YFII) announced that it will delist some trading pairs from isolated and cross margin trades.
According to the statement, Binance offers for the specified trading pairs. December 12 on isolated and cross margin will suspend its debt. Then on 13 December at 6:00 pm. all open positions will be automatically closed and users direct payment to do.
Binance will cancel all pending orders after all these transactions and ANC/BUSD, ANC/USDT, OMG/BTC, OMG/USDT trading pairs from cross margin trades, ACA/BUSD, ACA/USDT, ANC/BUSD, ANC/USDT, OMG/BTC, OMG/BUSD, OMG/USDT, VGX/USDT, YFII/BTC, YFII/USDT will remove trading pairs from isolated margin trades.
Binance also stated that users can continue to trade other trading pairs available on the platform for the said assets.