Binance’s Margin Trading Shake-Up: A Comical Look at the Upcoming Delistings 🤣

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Well, folks, it seems Binance has decided to do a little spring cleaning in their margin trading market. According to their official statement, this move is all about improving efficiency. Who knew efficiency could be so… efficient? 🤔

Delisted Margin Pairs

Prepare to say goodbye to these cross margin pairs: MOVE/BTC, ONE/BTC, RUNE/FDUSD, TFUEL/BTC, TNSR/FDUSD, USUAL/FDUSD. It’s like a digital farewell party, but without the cake. 🎂

Isolated Margin Pairs to be Removed:

And just when you thought it was safe to go back into the water, Binance is also removing these isolated margin pairs: ONE/BTC, TFUEL/BTC, TNSR/FDUSD, USUAL/FDUSD. It’s a bit like being told you can’t bring your favorite snacks to the beach. 😢

Starting June 17, 2025, at 09:00 (UTC), Binance will suspend borrowing on all listed isolated margin pairs. On June 18, the platform will automatically close all open positions, liquidate active margin balances, and cancel all pending orders for the affected trading pairs. It’s like a digital version of “Clean Your Room Day,” but with a lot more numbers and a bit less dust. 🧹

Binance warned that users will not be able to update or modify any of these positions during the delisting process. Additionally, users will no longer be able to manually or automatically transfer the mentioned assets to their isolated margin accounts, except for repaying outstanding debt unrelated to current collateral. It’s like being told you can’t bring your old toys to the new playground, but you can still pay off the toy store. 🛍️

Recommendations for Users

To avoid forced liquidations or unexpected trading losses, Binance strongly advised users to:

  • Close open positions in the affected pairs before June 18. Think of it as a digital version of “Use It or Lose It.” 🏃‍♂️
  • Transfer remaining funds from margin accounts to spot accounts in advance. It’s like moving your savings from a piggy bank to a real bank, but with more buttons and less squeaking. 🐷

Despite the delisting, the tokens involved will remain tradable in other pairs on Binance’s margin trading platform. So, it’s not all doom and gloom. You can still trade, just not with the same friends. 🤝

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2025-06-16 21:19