Binance will remove six leveraged trading pairs.
Cryptocurrency exchange Binance announced that on February 28, from 06:00 UTC (08:00 Kyiv), it will stop supporting six pairs of leveraged crypto assets.
Changes will affect:
BNBUP/USDT;BNBDOWN/USDT;ETHUP/USDT;ETHDOWN/USDT;BTCUP/USDT;BTCDOWN/USDT.
All trade orders associated with the above pairs will be deleted automatically without the possibility of subsequent placement.
Users are advised to exchange the listed leveraged tokens for others before the scheduled trading cutoff time. Otherwise, the exchange will automatically convert them to USDT based on the corresponding net asset value (NAV) at the time of deletion.
Let us remind you that on February 20, Binance will exclude Aragon (ANT), Multichain (MULTI), Vai (VAI) and Monero (XMR) from the list of tradable instruments.
In a separate article, ForkLog analyzed the history of the appearance of credit tokens BTCUP and BTCDOWN on Binance.