Bitcoin Exchange Binance Delisted Numerous Altcoin Pairs From Margin Transactions!

Binance Margin supports multiple trading pairs cross margin as well as isolated margin decided to withdraw from the trade. Effective from 2023-06-22 09:00, MBL/BUSD and PUNDIX/BUSD cross margin pairs will be delisted.

Cryptocurrency Exchange Binance Delist Continues Transactions

In addition, isolated margin pairs FARM/BUSD, LSK/BUSD, MBL/BUSD, PLA/BUSD, PUNDIX/BUSD and SC/BUSD will also be delisted.

Isolated margin borrowings for FARM/BUSD, LSK/BUSD, MBL/BUSD, PLA/BUSD, PUNDIX/BUSD and SC/BUSD pairs will be suspended from 2023-06-16 06:00 (UTC) before delisting begins.

Users will not be able to borrow these assets for isolated margin trading after this time.

When the delisting process begins at 2023-06-22 09:00, Binance Margin will initiate the settlement of users’ positions, perform automatic payments and isolate FARM/BUSD, LSK/BUSD, MBL/BUSD, PLA/BUSD, PUNDIX/BUSD and SC/BUSD. will cancel all pending orders associated with margin pairs.

These pairs will be removed from the isolated margin trading section. In addition, MBL/BUSD and PUNDIX/BUSD cross-margin pairs will also be removed from the cross-margin trading section.

It is important to note that users will not have the ability to change or update their positions during the delisting process.

To ensure the safety of their assets, users are strongly advised to close their positions and transfer funds from Margin Wallets to Spot Wallets before margin trading is stopped at 2023-06-22 09:00.

Binance will not accept responsibility for possible losses resulting from non-compliance with this advice.

By delisting these pairs, Binance Margin aims to facilitate trading offers and provide a stable and efficient trading environment for its users.

Regular evaluation and adjustment of current trading pairs contributes to a dynamic and responsive trading platform.

*Not investment advice.