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 might be topic to automated reconciliation presently.
Opening new positions might be disabled as of 11:30 on December 9, 2024.
The contracts might be delisted instantly after the settlement course of is accomplished.
Binance Funding Fee Arbitrage Bot will shut all energetic arbitrage methods involving delisted pairs at 12:00 PM.
After their delisting, these pairs will now not be accessible for brand spanking new arbitrage methods.
Binance is urging customers to shut their open positions earlier than the deadline to keep away from automated liquidation. The platform recommends following updates intently for extra particulars or help relating to the delisting course of.
This transfer is in keeping with Binance’s steady efforts to optimize buying and selling choices and improve consumer expertise by guaranteeing the liquidity and effectivity of its platform.
*This isn’t funding recommendation.
