Binance, the world's largest cryptocurrency exchange, started the day with altcoin announcements.
At this point, Binance stated that it has delisted BUSD trading pairs for some altcoins and stated that the delisted trading pairs are “ATA/BUSD, FORTH/BUSD, JST/BUSD, QTUM/BUSD, SUN/BUSD, ZEN/BUSD and ZRX/BUSD”.
Binance made the following statements in its statement:
“Binance Margin will delist ATA/BUSD, FORTH/BUSD, JST/BUSD, QTUM/BUSD, SUN/BUSD, ZEN/BUSD and ZRX/BUSD isolated margin pairs as of 13.07.2023 06:00 UTC.
As of 06:00 UTC on 10/07/2023, Binance Margin will suspend isolated margin trading on ATA/BUSD, FORTH/BUSD, JST/BUSD, QTUM/BUSD, SUN/BUSD, ZEN/BUSD and ZRX/BUSD.
At 06:00 UTC on 13.07.2023, Binance Margin will close users' positions, perform an automatic swap and cancel all pending orders on ATA/BUSD, FORTH/BUSD, JST/BUSD, QTUM/BUSD, SUN/.
BUSD, ZEN/BUSD and ZRX/BUSD isolated margin pairs. We will then remove these pairs from the Isolated Margin list.
Users are strongly advised to close their positions and/or transfer their assets from Margin Wallets to Spot Wallets prior to the cessation of margin trading on 13.07.2023 at 06:00 UTC during the delisting process.
Binance will not be liable for any possible losses.”
*Not investment advice.