Binance To Delist Isolated Margin Pairs on July 17th

IconCryptoNewsTerminal Staff08 Jul, 2024

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Binance To Delist Isolated Margin Pairs on July 17th

Binance, the world's leading cryptocurrency exchange, has announced on its official website that it will delist several isolated margin trading pairs on July 17, 2023. The exchange will remove the following pairs: - ARB/TUSD - APE/ETH - BNB/TUSD - ETH/TUSD - PEPE/TUSD Isolated margin trading allows traders to borrow funds to trade, while limiting their risk to the amount of funds they have deposited. However, Binance has not provided a reason for delisting these pairs. Traders who currently have open positions in any of the affected pairs will need to close their positions by July 17th. After this date, any remaining open positions will be liquidated by Binance. Binance has advised traders to carefully consider the risks associated with isolated margin trading before opening any positions.

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