The digital currency trading platform has announced that its margin trading platform will remove the following isolated margin pairs: AMB/BUSD, DASH/BUSD, FIDA/BUSD, HARD/BUSD, HOT/BUSD, IOST/BTC, NULS/BUSD, and PORTO/BUSD, as well as the isolated margin borrowing pair REQ/BUSD, on September 7, 2023, at 06:00 UTC.
While the platform confirmed that on September 1, 2023, at 06:00 UTC, Binance margin will suspend the following pairs:
On September 7, 2023, at 06:00 UTC, Binance margin will close user positions, perform automatic settlements, and cancel all pending orders for the following pairs: AMB/BUSD, DASH/BUSD, FIDA/BUSD, HARD/BUSD, HOT/BUSD, as well as the isolated margin pairs IOST/BTC, NULS/BUSD, PORTO/BUSD, and REQ/BUSD. Afterward, these pairs will be removed from isolated margin trading.
Binance Warns Its Users
It is worth mentioning that users can still trade the mentioned currencies on other available trading pairs on Binance margin.
Users will not be able to update their positions during the delisting process and are advised to either close their positions or transfer assets from margin wallets to spot wallets before margin trading halts on September 7, 2023, at 06:00 UTC. Please note that Binance will not be responsible for any potential losses.