Binance Margin Platform Delists Trading Pairs Due to Liquidity Concerns
Binance, one of the world's largest cryptocurrency exchanges, has announced that it will be removing certain trading pairs from its margin platform. This decision is a result of regular evaluations of criteria such as liquidity, trading volume, and risk factors in the currency pairs in question.
The affected cross-margin pairs include POL/USDC, ALCX/USDT, SAPIEN/USDC, PNUT/USDC, ARKM/USDC, BROCCOLI714/USDC, OPEN/USDC, CKB/USDC, HOLO/USDC, and FIL/BTC. Additionally, the isolated margin category will also see the delisting of POL/USDC, ALCX/USDT, SAPIEN/USDC, PNUT/USDC, ARKM/USDC, OPEN/USDC, CKB/USDC, HOLO/USDC, and FIL/BTC.
Binance conducts regular listing reviews to protect user security and market stability in margin markets. Users are required to close their open positions or make necessary adjustments before the specified date. Otherwise, automatic liquidation processes may be activated by the system.