Binance Futures to Remove 5 Crypto Perpetual Contract Pairs: Impact on Coin Market and Symbols

Binance Futures to Remove 5 Crypto Perpetual Contract Pairs: Impact on Coin Market and Symbols

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  • Binance Futures has announced the delisting of several USDT perpetual contracts, including STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT.
  • The delisting exercise will occur between May 13 and 14, 2024, with the exchange advising users to adjust their positions and leverage to avoid the risk of liquidation.
  • The announcement has led to immediate price pullbacks for the affected contracts, with STPTUSDT dropping by 7.24% in the hours following the news.

Binance Futures delists several USDT perpetual contracts, leading to immediate price pullbacks. Users are advised to adjust their positions and leverage to avoid liquidation risk.

Binance Futures Delists Several USDT Perpetual Contracts

Binance Futures, the leading crypto exchange, has announced the delisting of several USDT perpetual contracts. The affected pairs include STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT. The delisting exercise will take place between May 13 and 14, 2024, during which the exchange will close all positions and conduct an automatic settlement.

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