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Binance Delisting Alert: 5 Trading Pairs to be Removed on Feb 17

Published by
Debashree Patra
Binance , one of the world’s largest cryptocurrency exchanges, is shaking up its trading platform once again. The exchange has announced the removal of five spot trading pairs as part of its regular market review. This change, set to take effect on February 17, 2025, at 6:00 a.m. UTC, is aimed at keeping the platform efficient and user-friendly.

But why these specific pairs? And what does this mean for traders holding these assets? Let’s break it down.

Trading Pairs Set for Removal

The following trading pairs will be delisted:

  • HMSTR/FDUSD
  • SAGA/BTC
  • ILV/BTC
  • LTO/BTC
  • MDT/BTC

Binance Margin has confirmed that both cross-margin and isolated margin trading will be affected. Users will no longer be able to transfer assets related to these pairs into isolated margin accounts, whether manually or through auto-transfer.

Important Dates to Remember

February 12, 2025, at 6:00 a.m. UTC – Binance will suspend isolated margin borrowing for the affected pairs.

February 17, 2025, at 6:00 a.m. UTC – Binance will automatically close users’ positions, settle accounts, and cancel all pending orders related to the delisted pairs. After this, the pairs will be permanently removed from the platform.

What Traders Should Do

Binance advises users to close any open positions and transfer related assets from margin accounts to spot accounts before February 17. If users fail to do so, their positions may be settled automatically, which could lead to unexpected losses depending on market conditions.

For traders actively using these pairs, this early notice provides enough time to adjust trading strategies and make necessary changes before the deadline.

Can These Tokens Still Be Traded?

Yes, the delisting only applies to the specific trading pairs mentioned. Binance has clarified that users can still trade HMSTR, SAGA, ILV, LTO, and MDT through other active pairs on the platform.

Why Is Binance Removing These Pairs?

Binance did not give a specific reason for the removal, but delistings are usually based on factors such as low trading volume and limited liquidity. When a trading pair has low activity, it can create inefficiencies and make trading less effective.

As part of its ongoing market review, Binance regularly updates its offerings to improve the overall trading experience and ensure that only the most viable trading pairs remain available.

This decision reflects Binance’s commitment to optimizing market performance while giving users access to the best possible trading opportunities.

Market efficiency comes at a (harsh) cost!

Debashree Patra

Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

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