{"id":13261,"date":"2024-05-06T16:50:02","date_gmt":"2024-05-06T13:50:02","guid":{"rendered":"https:\/\/forklog.com\/en\/binance-to-delist-several-margin-trading-pairs\/"},"modified":"2024-05-06T16:50:02","modified_gmt":"2024-05-06T13:50:02","slug":"binance-to-delist-several-margin-trading-pairs","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-to-delist-several-margin-trading-pairs\/","title":{"rendered":"Binance to Delist Several Margin Trading Pairs"},"content":{"rendered":"<p>The cryptocurrency exchange Binance will reduce leverage and <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/binance-futures-will-delist-and-update-the-leverage-margin-tiers-of-usd%E2%93%A2-m-stptusdt-sntusdt-mblusdt-radusdt-and-cvxusdt-perpetual-contracts-a58cc13f78a34fbba11f00ff7144e9ee?hl=en\">delist<\/a> perpetual options for several positions.<\/p>\n<p>From May 13, the platform will cease trading in the following pairs:<\/p>\n<ul class=\"wp-block-list\">\n<li>USD\u24c8-M\/STPTUSDT;<\/li>\n<li>USD\u24c8-M SNTUSDT\/MBLUSDT.<\/li>\n<\/ul>\n<p>Support for USD\u24c8-M\/RADUSDT and USD\u24c8-M\/CVXUSDT will end a day later.<\/p>\n<p>Users of Binance Futures are advised to close positions in these pairs by the specified dates to avoid forced liquidation.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;To protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may take additional protective measures regarding the aforementioned contracts without further notice,&#8221; the statement said.<\/p>\n<\/blockquote>\n<p>In April, a US court sentenced Binance founder Changpeng Zhao <a href=\"https:\/\/u1f987.com\/en\/news\/binance-founder-changpeng-zhao-sentenced-to-four-months-in-prison\">to four months in prison<\/a> for involvement in money laundering and other illegal activities.<\/p>\n<p>CoinDesk outlined the reasons for the lenient verdict regarding the former head of the exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Binance will reduce leverage and delist perpetual options for several positions. From May 13, the platform will cease trading in the following pairs: USD\u24c8-M\/STPTUSDT; USD\u24c8-M SNTUSDT\/MBLUSDT. Support for USD\u24c8-M\/RADUSDT and USD\u24c8-M\/CVXUSDT will end a day later. Users of Binance Futures are advised to close positions in these pairs by the specified dates [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1166,1286],"class_list":["post-13261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-centralized-exchanges-cex","tag-listing"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/13261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=13261"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/13261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/13260"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=13261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=13261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=13261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}