Binance Futures delisted XEM, ORBS and LOOM.
Binance Futures to Delisting XEMUSDT, ORBSUSDT, and LOOMUSDT Perpetual Contracts on December 9
The delisting course of contains the next steps:
All open positions should be closed by 11:00 AM on December 9, 2024. Remaining positions shall be topic to computerized reconciliation right now.
Opening new positions shall be disabled as of 11:30 on December 9, 2024.
The contracts shall be delisted instantly after the settlement course of is accomplished.
Binance Funding Rate Arbitrage Bot will shut all lively arbitrage methods involving delisted pairs at 12:00 PM.
After their delisting, these pairs will not be out there for brand new arbitrage methods.
Binance is urging customers to shut their open positions earlier than the deadline to keep away from computerized liquidation. The platform recommends following updates intently for extra particulars or help concerning the delisting course of.
This transfer is consistent with Binance’s steady efforts to optimize buying and selling choices and improve person expertise by guaranteeing the liquidity and effectivity of its platform.
*This is just not funding recommendation.
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