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Binance Futures Will Discontinue Support for SOL in Multi-Assets Mode

Binance Futures Will Discontinue Support for SOL in Multi-Assets Mode

2023-05-26 11:00

Note: This announcement was last updated on 2023-06-12 to reflect that Binance Futures will postpone the discontinuation of support for SOL in the Multi-Assets Mode until further notice. 

Fellow Binancians,

Starting from 2023-06-15 10:00 (UTC), Binance Futures will discontinue support for SOL as a margin asset in Multi-Assets Mode. The transfer-in limit for SOL was previously updated to zero in the Multi-Assets Mode at 2023-03-20 08:00 (UTC).

To maintain margin levels and avoid any potential liquidation, users who hold SOL as collateral in their USDⓈ-M Futures accounts are advised to add more margin in the accounts before 2023-06-15 10:00 (UTC). 

In addition, users should transfer their SOL assets out of the USDⓈ-M Futures account before 2023-06-15 10:00 (UTC), as Binance Futures will automatically transfer SOL assets to users’ Spot Wallets after 2023-06-20 10:00 (UTC). 

For More Information:

Note: Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-05-26

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Note: This announcement was last updated on 2023-06-12 to clarify that Binance Futures will postpone the discontinuation of support for SOL in the Multi-Assets Mode until further notice. It was previously updated on 2023-06-01 to clarify that Binance Futures will discontinue support for SOL in the Multi-Assets Mode starting from 2023-06-15 10:00 (UTC) instead of 2023-06-05 10:00 (UTC), and to update all relevant dates in the announcement. 

Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

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