Binance Bitcoin Exchange (BNB) to Update Numerous Altcoin Trading Pairs in Futures Trading

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Binance Futures has announced updates to numerous futures pairs in an effort to protect users and maintain the integrity of the trading environment.
The leading crypto derivatives trading platform plans to delist and update various perpetual contracts, including USDⓈ-M STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT.
Users are advised to adjust their positions and leverage before the update to avoid potential liquidation risks.

Binance Futures announces updates to numerous futures pairs to enhance user protection and trading environment integrity. The move affects several perpetual contracts and comes with advice for users to adjust positions and leverage.

Binance Futures Announces Delisting and Updating of Perpetual Contracts

The platform will initiate the closure of all positions for USDⓈ-M STPTUSDT, SNTUSDT, and MBLUSDT perpetual contracts at 12:00 on May 13, 2024, and carry out automatic settlements. Subsequently, the RADUSDT and CVXUSDT contracts will undergo the same process at 12:00 on May 14, 2024. These contracts will be delisted following the completion of settlements. Binance Futures will also make adjustments to the leverage and margin tiers of the aforementioned perpetual contracts at 13:30 on May 6, 2024. It is crucial for users to remember that existing positions opened before the update will be affected. Therefore, users are advised to adjust their positions and leverage before the adjustment to avoid potential liquidation risks.

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23m ago•