Binance Futuresin a recent announcement USDⓈ-M ANTUSDT, DGBUSDT and CTKUSDT announced its decision to delist and update leverage and margin levels for its perpetual contracts. This move is planned to come into force at 11:00 am on April 1, 2024.
Binance Futures Announces Delisting of USDⓈ-M ANTUSDT, DGBUSDT, and CTKUSDT Perpetual Contracts and Updated Leverage & Margin Tiers
According to the statement made by Binance Futures, all positions in the perpetual contracts mentioned above will be closed and automatic settlement will be carried out at the specified time. After the settlement, these contracts will be deleted from the platform.
Additionally, adjustments to leverage and collateral levels for USDⓈ-M ANTUSDT, DGBUSDT and CTKUSDT perpetual contracts will take place on March 25, 2024 at 13:30.
Users are strongly advised to adjust their positions and leverage accordingly before the update to avoid possible liquidation risks, as existing positions opened before the adjustment will be affected.
In light of these changes, users are warned to close their open positions before the delisting time to avoid automatic liquidation.
Additionally, Binance Futures will prohibit opening new positions for the contracts in question as of 11:30 on April 1, 2024.
*This is not investment advice.
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