Binance to Delist Several Margin Trading Pairs New Week

Binance has announced that it will be delisting several margin trading pairs from its platform, effective January 16, 2025, at 09:00.

This update impacts both Cross Margin and Isolated Margin trading pairs. Affected pairs include LIT/BTC, NULS/BTC, and SFP/BTC for Cross Margin, as well as BEL/BTC, LIT/BTC, LSK/BTC, NULS/BTC, and SFP/BTC for Isolated Margin.

In preparation for this change, users will be unable to manually transfer assets of the affected pairs to their Isolated Collateral accounts or do so through Automatic Transfer Mode. If users have outstanding liabilities, they will only be able to move assets equivalent to their liabilities into the Isolated Collateral accounts and adjust existing collateral accordingly.

On January 9, 2025, at 09:00, borrowing for the affected Isolated Collateral pairs will be suspended. On January 16, 2025, at 09:00, Binance will automatically close all open positions, settle liabilities, and cancel any pending orders for the affected pairs. Following this, the pairs will be fully removed from the Binance Margin platform.

READ MORE:

Crypto Expert Who Predicted the Latest Correction Sees Opportunity to Buy

For those impacted, alternative trading options are still available through other pairs on Binance Margin. However, users are encouraged to manually close their positions and transfer assets from Margin Accounts to Spot Accounts before January 16 to avoid automatic closures and potential losses. Binance has stated that it will not be held responsible for any losses that may occur during this delisting process. For further details, users should consult Binance’s official communications.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.