Binance Futures Set To Delist 5 Perpetual Contract Pairs Next Week
- Binance Futures announces the delisting of several USDT perpetual contracts.
- The affected pairs include STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT.
- STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT react after the delisting announcement.
According to a recent announcement, Binance Futures will delist and update the leverage and margin tiers of several USDT perpetual contracts. Based on its recent publication, the leading crypto exchange noted that the affected pairs include STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT.
Binance informed users on its platform that the delisting exercise will happen between May 13 and 14, 2024. According to its post, Binance Futures will close all positions and conduct an automatic settlement on STPTUSDT, SNTUSDT, and MBLUSDT on May 13. The following day, it would execute the same process for the RADUSDT and the CVXUSDT perpetual contracts.
The exchange further noted that it will implement the final delisting of the affected pairs after it has completed the settlements. However, Binance Futures noted it would adjust the leverage and margin tiers of affected contracts before the final delisting exercise. Hence, it adv…
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