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coinpedia 2025-02-12 05:27:48

Binance Delisting 5 Trading Pairs on February 17, 2025

The post Binance Delisting 5 Trading Pairs on February 17, 2025 appeared first on Coinpedia Fintech News Binance, one of the world’s leading cryptocurrency exchanges, has announced the delisting of five spot trading pairs as part of its routine market review process. This change will take effect on February 17, 2025, at 6:00 a.m. UTC. The decision is part of Binance Binance - binance@miceneurol.com Centralised Exchange Cryptocurrencies Trading App Cryptocurrency investment efforts to maintain a high-quality trading environment and ensure an optimal user experience. The trading pairs set for removal include HMSTR/FDUSD, SAGA/BTC, ILV/BTC, LTO/BTC, and MDT/BTC. Binance Margin confirmed that both cross-margin and isolated margin platforms will be impacted. Users will no longer be able to transfer assets linked to these pairs into isolated margin accounts, whether manually or through auto-transfer mode. Important Dates to Remember On February 12, 2025, at 6:00 a.m. UTC, Binance will suspend isolated margin borrowing for the affected pairs. Next date is on February 17, 2025, at 6:00 a.m. UTC, the exchange will automatically close users’ positions, settle accounts, and cancel all pending orders related to the delisted pairs. Following this, the pairs will be permanently removed from the platform. Action Required for Traders Binance strongly advises users to close their positions and transfer any related assets from margin accounts to spot accounts before the February 17 deadline to avoid potential losses. Failure to do so may result in automatic settlement, which could lead to unfavorable outcomes depending on market conditions. For traders using any of the affected pairs, this early notice allows ample time to adjust trading strategies and ensure a smooth transition before February 17. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Binance Lawsuit Paused, Is Ripple Next? SEC Crypto Task Force Head Hester Peirce Weighs In , Impact on Other Trading Pairs This delisting affects only the specified pairs. Binance has clarified that users can still trade these tokens through other active pairs on the platform. Users can still engage with HMSTR, SAGA, ILV, LTO, and MDT through different trading options within Binance Margin. Why Binance is Delisting These Pairs While Binance did not disclose specific reasons for the delisting, such decisions are typically based on factors like low trading volume and limited liquidity. Pairs with consistently low activity can create trading inefficiencies, making them less suitable for the platform. 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