Binance Futures Announces Delisting of Specific Cryptocurrencies: Implications for BTC and ETH Traders
- Binance Futures announces the delisting of STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT perpetual contracts, along with leverage and margin tier adjustments.
- The delisting is part of the exchange’s ongoing efforts to ensure the integrity and efficiency of its trading offerings.
- Traders are advised to close positions and adjust leverage before the delisting dates.
Binance Futures is delisting several cryptocurrencies and adjusting leverage and margin tiers. Traders are advised to take necessary actions before the delisting dates.
Binance Futures Delisting Cryptocurrencies
Binance Futures, a leading cryptocurrency derivatives exchange, has decided to delist several cryptocurrencies from its platform. Among these are the USDⓈ-M perpetual contracts for STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT. This move is part of the exchange’s ongoing efforts to ensure the integrity and efficiency of its trading offerings. The delisting process will involve the closure of all positions and the initiation of automatic settlement procedures.
Details of the Delisting
The delisting and automatic settlement will occur on different dates for each contract. Specifically, the STPTUSDT, SNTUSDT, and MBLUSDT contracts are scheduled to close on May 13 at 09:00 (UTC), while the RADUSDT and CVXUSDT contracts will follow suit on May 14 at 09:00 (UTC). Once the settlement process is complete, these contracts will be removed from the platform, signaling the end of their trading availability on Binance Futures.
