- Binance will remove margin trading pairs on February 17 to improve market efficiency.
- Users must close positions and transfer assets before removal to prevent losses.
- The affected tokens will still be available for spot trading and other options on Binance.
Binance, one of the world’s largest crypto exchanges, is making another adjustment to its platform by eliminating several margin asset pairs as part of its routine economic assessment. The exchange has confirmed that this decision aims to optimize efficiency and maintain a smooth transaction experience for its users. The removal is scheduled for February 17, 2025, at 06:00 UTC, when Binance Margin will officially close users’ positions, conduct automatic settlements, and cancel all pending orders related to the affected trading pairs.
Affected Trading Pairs and Key Dates
According to Binance’s latest update, the delisted pairs include HMSTR/FDUSD and SAGA/BTC in Cross Margin, while Isolated Margin will see the removal of HMSTR/FDUSD, ILV/BTC, LTO/BTC, MDT/BTC, and SAGA/BTC. Binance has emphasized that users can no longer transfer these trading pairs into their Isolated Margin accounts manually or via Auto-Transfer Mode. However, traders with outstanding liabilities for these tokens may manually move only the amount necessary to cover their liabilities, excluding any available collateral.
The exchange further specified that it would halt margin lending for these trading pairs on February 12, 2025, at 06:00 UTC, ahead of their official removal on February 17, 2025. At that point, Binance Margin will automatically close open positions, settle outstanding balances, and remove the pairs from its platform, after which these assets will no longer be available for margin trading.
While these tokens will be removed from Binance Margin, they will remain available for trading under other pairs on the platform, meaning users can continue engaging with these assets in different forms of trading.
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Why Binance Delists Trading Pairs and What This Means for Traders
The exchange evaluates its service offerings and removes certain pairs for several reasons, including low liquidity, poor trading volume, unethical activities, and regulatory requirements. Although Binance has not stated why these specific currencies are being removed, it is widely understood that assets with minimal activity can create inefficiencies, reduce accuracy, and impact the platform’s overall investment effectiveness.
By frequently reassessing and adjusting its available trading pairs, Binance ensures that only the most liquid and actively traded pairs remain on the platform. This strategic pruning of inactive pairs enhances overall market stability and improves trading efficiency by allowing users to focus on assets with healthier liquidity and stronger price action.
