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Binance Delists Margin Pairs Including DOGE, ADA, AVAX and More

Binance Delists Margin Pairs Including DOGE, ADA, AVAX and More

Binance, the biggest cryptocurrency exchange in the world, announced that some selected margin trading pairs will no longer be available on Binance Margin.

Some major cryptocurrency exchanges, including Dogecoin (DOGE), Cardano (ADA), Polygon (MATIC), Avalanche (AVAX), Bitcoin Cash (BCH), Chainlink (LINK), and Shiba Inu (SHIB),  are listed in this removal.

The major trading pairs that are being taken down include BCH/BUSD, ADA/BUSD, AVAX/BUSD, BCH/BUSD, DOGE/BUSD, DOT/BUSD, FIL/BUSD, LINK/BUSD, LTC/BUSD, MATIC/BUSD, and SHIB/BUSD. The action is a component of the plan to stop supporting BUSD stablecoin entirely by February 2024.

AGIX/BUSD, APE/BUSD, BAKE/BUSD, FRONT/BUSD, GALA/BUSD, LUNA/BUSD, LUNC/BUSD, OP/BUSD, RUNE/BUSD, TRB/BUSD, USTC/BUSD, XLM/BUSD, and YGG/BUSD are additional margin trading pairs.

As of November 3 at 6:00 UTC, users will be prohibited from engaging in isolated margin borrowing for the cryptocurrency mentioned in an announcement. Furthermore, on November 9, Binance Margin will close positions, perform an automatic agreement, and cancel all pending orders on these cross and isolated margin pairings.

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