The world’s largest cryptocurrency exchange Binance has announced that it will delist 3 altcoins by the futures trader COIN-M (Coin Margin).
Binance said in an official statement on Friday, December 23, Gala (GALA), Zilliqa (ZIL), and VeChain (VET) futures transactions by COIN-M announced that he would completely remove it and delist it.
According to the statement, Binance announced that the specified assets Delisted at 12:00 CET on 26 December while stating that all open positions will automatically turn it off and give users direct payment will make.
To protect customers avoid risks in a volatile market that they have made such a decision for these cryptocurrencies for the purpose of by Binancesaid that it can set leverage values in contracts and perform similar operations “without notifying users”.
The announcement made during translation into other languages. It was also among the statements made by Binance that if an inconsistency occurs, the “English version” will prevail.
On the other hand, investors can only buy from the COIN-M part. delisted cryptocurrency will continue to take positions in normal continuous futures transactions.