Binance, the largest cryptocurrency exchange in terms of daily trading volume, has recently made announcements for various altcoin projects. Among these, the delisting of a few altcoins from margin transactions is most noteworthy. Here are the details…
Binance removes these three altcoins from margin trading
Binance Margin will remove JST, SNM, and SUN from the list of borrowable assets on the cross-margin as of February 10, 2023, 09:00 CEST. As of 09:00 CEST on January 30, 2023, Binance will suspend cross margin borrowing of JST/BUSD, JST/BTC, JST/USDT, SNM/BUSD, SUN/BUSD and SUN/USDT. In other words, the couples who will be affected by this situation and will be delisted are as follows:
- Cross Margin Pairs: JST/BUSD, JST/BTC, JST/USDT, SNM/BUSD, SUN/BUSD, SUN/USDT
On February 10, 2023, at 09:00 CEST, Binance will close positions on JST/BUSD, JST/BTC, JST/USDT, SNM/BUSD, SUN/USDT, SUN/BUSD, perform an automatic swap and cancel all pending orders. They will then delist these pairs from the cross margin list. Portfolio Margin users need to transfer these tokens from their margin wallets to their spot wallets.
New rewards are offered in the liquidity pool of the exchange
On the other hand, the stock market announced a campaign that is valid as of yesterday. The campaign in question will be valid until February 27, 2023, 16:00 CEST. Binance Liquidity Farming has announced that it will offer BTC and ETH combo rewards in addition to BNB rewards for BNB/BTC and BNB/ETH liquidity pools, respectively. According to the statements, all users who add liquidity to BNB/BTC and BNB/ETH liquidity pools during the operating period will benefit from special APRs of up to 2.80 percent.
Users can take advantage of special APRs for BNB/BTC and BNB/ETH liquidity pools during the Activity Period. The additional APR available to users during the Event period will be set to the standard APR when the Event ends. The APRs mentioned above are estimates based on the latest rate.
Binance regulates Aptos perpetual futures contracts
Binance Futures announced that it has adjusted the maintenance margin tiers of USDⓈ-M APTUSDT perpetual futures contracts as shown in the table below.
Exchange completes 17th round of APENFT airdrop
On the other hand, Binance has completed the 17th round of its APENFT (NFT) airdrop to owners of TRON (TRX), BitTorrent OLD (BTTOLD), BitTorrent (BTTC), JUST (JST) and WINkLink (WIN). Users can confirm receipt of these tokens via the Distribution page under Transaction History. The snapshot for the 17th round of the APENFT (NFT) airdrop was taken at block height 44,940,958 TRON.
Maintenance announcement on Tron (TRX) network
Finally, the exchange announced that it will perform wallet maintenance for Tron Network (TRX) on January 30, 2023, at 09:00 CEST. According to the announcement of the exchange, trading of crypto assets/currencies on the Tron network (TRX) will not be affected during wallet maintenance. Deposits on Tron Network (TRX) will be suspended from 30 January 2023, 08:55 CEST. Withdrawals on Tron Network (TRX) will not be affected in terms of wallet.
