Binance introduced that it’s going to take away UTK/USDC and ZIL/BTC from its margin buying and selling record on June 25, 2025.
Binance Margin to Delisting UTK/USDC and ZIL/BTC Margin Buying and selling Pairs on June 25
This delisting transaction, which covers each cross margin and remoted margin transactions, will come into impact at 09:00 (GMT+3).
Margin Pairs to be Eliminated:
- Cross Margin: UTK/USDC, ZIL/BTC
- Remoted Margin: UTK/USDC, ZIL/BTC
Important Dates:
- June 24, 2025 09:00 (GMT+3): New borrowing transactions for remoted margin transactions will probably be suspended.
- June 25, 2025 09:00 (UTC): All open positions will probably be mechanically closed, pending orders will probably be canceled, and the related pairs will probably be utterly faraway from Binance Margin.
Warnings for Customers:
- Customers will now not be capable to switch property to remoted margin accounts through handbook or automated transfers in these pairs.
- Customers who owe cash within the related tokens will solely be capable to make handbook transfers as much as the present debt quantity (after collateral is deducted).
- Binance acknowledged that customers will be unable to replace their positions in the course of the elimination course of and that it’s going to not be accountable for any potential losses.
- Customers are strongly suggested to shut their positions or switch their property to Spot Accounts earlier than margin buying and selling expires.
Binance famous that after property like UTK and ZIL had been faraway from margin, these tokens would proceed to be traded on different present buying and selling pairs.
*This isn’t funding recommendation.
