Binance Delists Four Cryptocurrencies from Margin and Loan Services

Binance has announced that it will delist four cryptocurrencies from its margin and loan services. The affected tokens are XNO, IQ, QUICK, and DGB.

The delisting is scheduled to take effect on June 12, with key service changes planned for June 9 and June 12. Binance Margin will suspend borrowings on the affected cross-margin tokens and isolated margin pairs on June 9 at 6:00 UTC.

On June 12 at 3:00 UTC, Flexible Loan will close all outstanding loan positions involving the tokens as both loanable and collateral assets. At 10:00 UTC, Binance Margin will delist the tokens from Cross and Isolated Margin, close users' positions, conduct automatic settlement, cancel pending orders on the affected isolated margin pairs, and remove those pairs from isolated margin.

Binance has noted that products and services referenced in the notice may not be available in all regions. The exchange has also stated that the delisting schedule may or may not apply to other products depending on their association with the tokens being removed.