Binance announced that it would deliver five spot transaction pairs as part of the market review process. This change will enter into force at 06:00 at 06:00 on February 17, 2025. The Borsa said that this decision was taken to provide a quality trading environment and to optimize the user experience.
IMPORTANT DATES
Binance announced certain dates about the Delist process. On 12 February 2025 at 06:00 UTC, isolated margin borrowing for the affected couples will be suspended.
On February 17, 2025, at 06:00 UTC, Binance will automatically close the open positions of users, balance their accounts and cancel all the waiting orders in the relevant transaction couples. Following these transactions, the process pairs will be completely mad from the platform.
Processing couples to be mad by Binance
Processing couples to be mad by the stock market are:
- Hmstr/fdusd
- SAGA/BTC
- ILV/BTC
- LTO/BTC
- MDT/BTC
In addition, the Binance Margin team announced that both cross -margin and isolated margin processes will be affected. Users will not be able to carry their assets connected to these couples to isolated margin accounts manually or with automatic transfer mode.
Measures to take by users
Binance advises users to close their positions and transfer their relevant assets to their spot accounts. Users who do not do this until February 17 may face the risk of automatic liquidation. Depending on market conditions, these automatic closures can lead to unexpected losses.
This announcement aims to provide sufficient time for users to review the trading strategies and to regulate their portfolios on time.
Effect on other trading pairs
This Delist process covers only the specified process pairs. Leading Crypto Exchange, these token’lar will continue to be traded on the stock market, but announced that different trading couples can be traded. Users will be able to evaluate HMSTR, Saga, ILV, LTO and MDT tokens by transactions in different couples.
Why does Binance be crazy about this process?
Binance does not explain certain reasons for the delisting of process pairs, but such decisions are often based on low process volume and lack of liquidity. Low -volume processes may adversely affect trading efficiency and are regularly reviewed in order to provide a healthier trading environment on the platform.
Binance said that he would continue to evaluate the market conditions and make arrangements to offer his users the best trading experience.
To be aware of last -minute developments Twitter ‘in, Facebook ‘ Instagram follow and follow Telegram And Youtube Join our channel!
