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 Thursday, December 8, BinaryX (BNX), DREP (DREP) Anchor Protocol (ANC), MobileCoin (MOB), League of Kingdoms Arena (LOKA) and Tornado Cash (TORN) 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 22 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 BNX/BTC, BNX/BUSD, BNX/USDT, DREP/BUSD, DREP/USDT, LOKA/BUSD, LOKA/USDT, MOB/BUSD, MOB/USDT trading pairs from cross margin trades, TORN/BTC, TORN/BUSD, TORN/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.
According to CoinGecko data BNX in the last 24 hour period 6.4% in decline At $53.79, DREP in the last 24 hour period 5.1% in decline At $0.292, LOKA in the last 24 hour period 9.8% in decline At $0.43, MOB in the last 24 hour period 3% in decline From $1.11 and TORN in the last 24 hour period At $5.37, 0% change is being traded.