February 11, 2025 – Binance, the world’s leading cryptocurrency exchange, has announced the delisting of five margin trading pairs, effective February 17, 2025, at 06:00 (UTC). This decision will impact both Cross Margin and Isolated Margin trading, prompting traders to take necessary actions before the deadline.
Affected Trading Pairs
The affected trading pairs include HMSTR/FDUSD and SAGA/BTC in Cross Margin trading. In Isolated Margin trading, Binance will remove HMSTR/FDUSD, ILV/BTC, LTO/BTC, MDT/BTC, and SAGA/BTC. While these pairs will no longer be available for margin trading, users can still access these assets through other available trading pairs on the Binance platform.
Key Dates and Trading Restrictions
Effective immediately, users are restricted from transferring assets of the affected pairs into their Isolated Margin accounts via manual transfers or Auto-Transfer Mode. However, outstanding liabilities can still be covered through manual transfers, up to the collateral limit.
On February 12, 2025, at 06:00 (UTC), Binance will suspend borrowing on all affected Isolated Margin pairs. Users will no longer be able to take out new margin loans for these pairs, preventing them from increasing their leveraged positions.
On February 17, 2025, at 06:00 (UTC), Binance will automatically close all open positions, conduct forced settlements, and cancel all pending orders related to the delisted trading pairs. Once this process is complete, the pairs will be permanently removed from Binance Margin trading services.
What Traders Need to Do
Binance strongly advises users to take proactive measures before the delisting deadline. Traders should close any existing margin positions involving these pairs before February 17, 2025, and transfer funds from Margin Accounts to Spot Accounts to avoid forced liquidation. Since users will not be able to modify positions once the delisting process begins, failing to take action may result in losses. Binance has made it clear that it will not be responsible for any potential financial impact on users.
Reason Behind the Delisting
While Binance has not provided specific reasons for removing these trading pairs, delisting margin trading pairs is a standard practice in the cryptocurrency industry. This approach helps the platform maintain liquidity, manage risk, and optimize overall trading efficiency. Ensuring a secure and stable trading environment remains a priority for Binance.
Staying Updated on Binance Margin Trading Changes
Binance regularly reviews and updates its margin trading offerings to align with market conditions. Traders are encouraged to monitor the official Binance announcement page for any further updates regarding trading restrictions or delistings.
What do you think about Binance’s latest margin trading changes? Share your thoughts in the comments.
