Cryptocurrency exchange Binance announced that several altcoin pairs on its Margin platform have been delisted. JASMY/BTC Cross margin pair as well as AMP/BTC, JASMY/BTC and STMX/BTC Isolated margin pairs will be delisted as of 2023-05-24 09:00.
Binance Delists JASMY/BTC, AMP/BTC, JASMY/BTC and STMX/BTC Altcoin Pairs from Margin Trading
Binance Margin will implement certain measures and timelines to facilitate the delisting process. From 2023-05-18 09:00, AMP/BTC, JASMY/BTC and STMX/BTC isolated margin borrowings will be suspended.
Users are advised to consider this suspension and adjust their trading strategy accordingly.
On 2023-05-24 09:00, Binance Margin will continue to close users' positions, perform an automatic settlement and cancel all pending orders associated with AMP/BTC, JASMY/BTC and STMX/BTC isolated margin pairs.
Also, these pairs will be removed from the Isolated Margin. Also, JASMY/BTC cross margin pair will be deleted from Cross Margin at the same time.
Delisting of trading pairs is a common practice in the cryptocurrency industry and can happen for a variety of reasons, such as low liquidity or changes in market conditions.
Binance Margin regularly evaluates trading pairs to provide the best trading experience for its users.
It is very important for users to be aware of these delisting and suspension timelines to avoid any disruption to their trading activities.
Traders should close their positions before the specified date and cancel any pending orders associated with the pairs in question to avoid any inconvenience.
Traders are advised to follow Binance Margin's official announcements to get the latest information and updates on delisting, suspension and other related issues.
Related coins can be bought and sold on other existing parities.
*Not investment advice.