Binance to delist EUR, GBP and AUD margin trading pairs
“All of your margin balance may be liquidated in the event of extreme price movement,” Binance stated. Global cryptocurrency exchange Binance continues restricting support for some of its trading services amid an ongoing regulatory crackdown.Binance officially announced Monday that the exchange would delist margin trading pairs for three fiat currencies, including the Euro (EUR), the Australian dollar (AUD) and the British pound sterling (GBP).According to the announcement, Binance will suspend mentioned fiat trading pairs on Aug. 10 and then switch to automatic settlement and cancel all....
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The world’s largest exchange, Binance, has announced plans to delist eight Binance USD (BUSD) trading pairs as the company looks to withdraw full support of the stablecoin by 2024. This follows increased regulatory pressure on the stablecoin in 2023, which has led to a drastic decline in its market share so far. Binance To Delete Nine Margin Trading Pairs By September 7 In a blog post on Wednesday, Binance laid out intentions to delist eight BUSD cross margin and isolated trading pairs. These include AMB/BUSD, DASH/BUSD, FIDA/BUSD, HARD/BUSD, HOT/BUSD, NULS/BUSD, PORTO/BUSD and....
Multiple trading pairs of the Helium Foundation’s token will soon be removed from Binance, with the exchange saying it delists assets if it no longer meets “high standards.” The chief operating officer for the Helium Foundation, Scott Sigel has claimed there is “no basis” for cryptocurrency exchange Binance to delist several trading pairs of its cryptocurrency — Helium Network Token (HNT).Sigel’s comments come after an Oct. 6 notice by Binance saying the exchange is removing cross, isolated margin and spot trading pairs for HNT and Binance USD (BUSD), Tether (USDT) and Bitcoin....
In response to proposals from the LUNC community, Binance has decided to burn all fees on LUNC spot and margin trading pairs. Binance said it would send the trading fees and margin trading pairs to LUNC burn addresses. The announcement was made via a blog post on Binance’s official website. The Terra Classic community expressed dissatisfaction with an ‘opt-in button proposed by Binance CEO. Binance offered the opt-in button to allow users to choose whether to implement a 1.2% tax burn on their spot. Related Reading: ETH Struggles To Break Past $1,300 Resistance – Back To $1K?....
The major crypto exchange said on Thursday it would delist the trading pair if the price fell under 0.005 USDT, which has already happened. Major crypto exchange Binance announced it will be delisting its Tether (USDT)-margined Terra (LUNA) futures contracts following a more than 99% drop in price.In a Thursday blog post, Binance said it would be taking “precautionary measures” around its LUNA/USDT perpetual contracts, intending to delist the pair if the price goes under 0.005 USDT. The announcement followed the exchange changing the leverage and margin tiers for the LUNA-tied contracts on....
Binance is taking more measures to comply with China’s cryptocurrency crackdown with new restrictions in the mainland. Binance crypto exchange officially announced on Oct. 13 that the company will delist the Chinese yuan (CNY) from its peer-to-peer trading platform on Dec. 31.Alongside terminating yuan trading pairs, Binance will continue further restricting access to its platform by users from mainland China, introducing new measures for accounts found to be linked to the region. Binance will specifically limit such accounts to “withdrawal only” mode, limiting transactions to withdrawals,....