Binance Delists Five Trading Pairs
Date: 2025-02-12 Author: Oliver Abernathy Categories: BUSINESS
The exchange will then automatically close users’ active positions, settle, and cancel any pending orders associated with these pairs. The specified trading pairs will be removed from the list of assets available on Binance Margin.
During the delisting, traders will not be able to update their positions, so they are strongly advised to close them in advance or transfer funds from margin accounts to spot accounts. Failure to do so will result in the exchange not being held liable for any financial losses.
Binance regularly reviews the listing of assets and may delist cryptocurrencies that no longer meet its standards. Reasons for delisting may include the cessation of security updates by developers, refusal to continue supporting the project, or the asset’s status as a security without the necessary regulatory approvals.
Binance has previously warned users about significant changes to its terms of service regarding the delisting of digital assets. If delisted tokens are still held on the platform, the exchange reserves the right to independently convert them into other digital currencies in the future.
