Binance, the world’s largest cryptocurrency exchange, announced that it will delist Civic (CVC) from margin and perpetual futures.
Binance In his official statements on Monday, November 28, your civic (CVC) announced that it will delist from isolated margin, cross margin and perpetual futures.
Binance will adjust its leverage for trades and open trades for CVC to open on November 28 and remove it from perpetual futures on November 29. Stating that active transactions will also be affected, the stock market said that users should regulate their margins in order not to be affected by the leverage setting.
According to another announcement, Binance will launch CVC on November 30. isolated and cross margin will suspend its debt. Then on December 2 at 6:00 pm. all open positions will be automatically closed and users direct payment to do. Binance, after all these transactions CVC/BTC, CVC/USDT will delist trading pairs from margin trades.
At the end of these transactions, users can make spot transactions on Binance. USDT, BUSD and BTC It will be able to continue trading CVC in pairs.