Binance Margin has announced its plan to delist the BTC/BUSD and ETH/BUSD cross margin and isolated margin pairs. The removal will take place at 06:00 (UTC) on December 7, 2023.
Starting from 06:00 (UTC) on November 28, 2023, Binance Margin will stop isolated margin borrowing on the mentioned margin pairs. Then, as of 06:00 (UTC) on December 7, Binance Margin will automatically close users’ positions, cancel all pending orders, and initiate an automatic settlement of these pairs. Subsequently, these pairs will be removed from Margin.
Despite this change, users can continue trading these assets on other available pairings within Binance Margin.
Binance Margin has strongly advised its users to close their positions and transfer their assets from Margin Wallets to Spot Wallets before the termination of margin trading at 06:00 (UTC) on December 7. During the delisting process, position updates will not be available. Binance will not bear liability for any potential losses resulting from this delisting.