Fellow Binancians,
Binance will remove and cease trading on the UST/BTC trading pair, and then open trading for the BTC/UST trading pair, with the following timeline:
- At 2022-04-14 03:00 (UTC), Binance will suspend UST/BTC isolated margin borrowing.
- At 2022-04-20 03:00 (UTC), Binance will close all UST/BTC margin positions, conduct an automatic settlement and cancel all pending orders on the UST/BTC isolated margin pair, and then delist the UST/BTC isolated margin trading pair.
- Binance will remove and cease trading on the UST/BTC spot trading pair at 2022-04-22 03:00 (UTC), and all pending spot trade orders on the pair will be canceled.
- Binance will open trading for the BTC/UST spot trading pair at 2022-04-22 09:00 (UTC), and the BTC/UST isolated margin pair at 2022-04-25 03:00 (UTC).
Please note:
- In the interim, users can still trade the above assets on other trading pairs that are available on Binance.
Risk Warning: Margin trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Margin.
Thanks for your support!
Binance Team
2022-04-13
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.