Binance Delisting 5 Trading Pairs on February 17, 2025

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Binance, one of the world’s leading cryptocurrency exchanges, has announced the delisting of five spot trading pairs as part of its routine market review process. This change will take effect on February 17, 2025, at 6:00 a.m. UTC. The decision is part of Binance

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The trading pairs set for removal include HMSTR/FDUSD, SAGA/BTC, ILV/BTC, LTO/BTC, and MDT/BTC. Binance Margin confirmed that both cross-margin and isolated margin platforms will be impacted. Users will no longer be able to transfer assets linked to these pairs into isolated margin accounts, whether manually or through auto-transfer mode.

Important Dates to Remember

On February 12, 2025, at 6:00 a.m. UTC, Binance will suspend isolated margin borrowing for the affected pairs. Next date is on February 17, 2025, at 6:00 a.m. UTC, the exchange will automatically close users’ positions, settle accounts, and cancel all pending orders related to the delisted pairs. Following this, the pairs will be permanently removed from the platform.

Action Required for Traders

Binance strongly advises users to close their positions and transfer any related assets from margin accounts to spot accounts before the February 17 deadline to avoid potential losses. Failure to do so may result in automatic settlement, which could lead to unfavorable outcomes depending on market conditions. 

For traders using any of the affected pairs, this early notice allows ample time to adjust trading strategies and ensure a smooth transition before February 17.

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Impact on Other Trading Pairs

This delisting affects only the specified pairs. Binance has clarified that users can still trade these tokens through other active pairs on the platform. Users can still engage with HMSTR, SAGA, ILV, LTO, and MDT through different trading options within Binance Margin.

Why Binance is Delisting These Pairs

While Binance did not disclose specific reasons for the delisting, such decisions are typically based on factors like low trading volume and limited liquidity. Pairs with consistently low activity can create trading inefficiencies, making them less suitable for the platform. As part of its commitment to maintaining a good trading platform, Binance regularly reviews and adjusts its offerings.