Binance Announces Delisting of Six Major Trading Pairs: Impact on Crypto Market (BTC, ETH, BNB)

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Binance, the world’s largest cryptocurrency exchange, has announced plans to delist six trading pairs in an effort to optimize its trading ecosystem.
The delisting will affect the STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT perpetual contracts, with automatic settlements scheduled for May 13 and 14.
This strategic move aims to streamline resources, prioritize liquidity, and enhance the trading experience for Binance’s global user base.

Binance, the leading crypto exchange, optimizes its trading ecosystem by delisting six trading pairs, a strategic move to enhance user experience and prioritize liquidity.

Binance Announces Delisting of Six Trading Pairs

In a recent official statement, Binance, the world’s biggest crypto exchange, announced the delisting of six trading pairs. This decision is part of Binance’s ongoing efforts to optimize its trading ecosystem and provide an efficient marketplace for its users. The affected trading pairs include STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT perpetual contracts.

Automatic Settlements and Adjustments to Leverage and Margin Tiers

According to the announcement, Binance Futures will initiate the closure of all positions and execute automatic settlements for the STPTUSDT, SNTUSDT, and MBLUSDT perpetual contracts on May 13. The RADUSDT and CVXUSDT perpetual contracts will undergo the same process on May 14. In addition to the delisting, Binance Futures will imple... Read the full article for FREE at COINOTAG!