Binance, a leading cryptocurrency exchange, is set to eliminate specific margin trading pairs involving notable altcoins, including ALPHA, CTXC, and DODO, effective March 25, 2025. This decision requires users to act swiftly to close their positions and transfer assets to avoid incurring losses, as trading on the affected pairs will cease.
Which Altcoins Will Lose Margin Trading Pairs?
The pairs being phased out include major cross and isolated options such as:
- Cross Margin Trading Pairs: ALPHA/BTC, CTXC/BTC, DODO/BTC, IDEX/USDC, LISTA/FDUSD, NKN/BTC, SAGA/BTC
- Isolated Margin Trading Pairs: ALPHA/BTC, CTXC/BTC, DODO/BTC, FLM/BTC, IDEX/USDC, LISTA/FDUSD, NKN/BTC
What Awaits Binance Users?
Starting March 19, 2025, Binance Margin will halt borrowing activities for the impacted isolated pairs. Users will only be able to transfer amounts equivalent to their existing debts.
On the closure date, Binance will liquidate any outstanding positions and cancel pending orders for these altcoins. Although margin trading will end for these pairs, users can still purchase and sell the altcoins through other available trading avenues.
- Users need to close their positions promptly to avoid losses.
- Transfers from margin to spot accounts should be completed before the cut-off dates.
- Binance will not accept responsibility for any financial losses due to late transactions.
As Binance implements these changes, users must be proactive to safeguard their assets and ensure compliance with the new trading policies to mitigate risks effectively.
