Delist News For An Altcoin From Binance: Removes From Margin

Binance, the world’s largest cryptocurrency exchange, has announced that it will delist an altcoin from isolated margin transactions.

Binance said in an official statement on Tuesday, April 4, SONM (SNM) announced that it will delist from isolated margin transactions.

According to the statement, Binance is for SNM 5 April on isolated margin will suspend its debt. Next TSI 19 April at 09:00 all open positions will be automatically closed and users direct payment to do.

Binance will cancel all pending orders after all these transactions and SNM/BUSD The trading pair will remove it as a loanable asset from isolated margin transactions.

On the other hand, Binance has announced in a previous statement that it will exclude SNM from cross-margin transactions. delist announced that he would. With these two updates, SNM’s There is no parity left in margin transactions.

According to CoinGecko data, in the last 24-hour period 10.6% appreciated SNM, at the time of writing 0.813 from dollars is being traded.

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