Cryptocurrency exchange Binance announced that it will remove certain margin trading pairs for various altcoins, including Stella (ALPHA), Cortex (CTXC), and DODO (DODO), effective March 25, 2025. From this date forward, trading on specified cross and isolated margin pairs will cease. Users are urged to close their positions on these pairs and timely transfer their assets to spot accounts to avoid potential losses.
Which Altcoins Will Lose Margin Trading Pairs?
The cross and isolated margin trading pairs to be removed by Binance Margin are as follows:
- 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
Users of Binance Margin must transfer their assets from margin accounts to spot accounts promptly. Currently, Binance has disabled both manual and automatic transfer modes for the affected trading pairs.
What Awaits Binance Users?
As of March 19, 2025, at 09:00 UTC, Binance Margin will suspend borrowing operations on the relevant isolated margin trading pairs. After this date, users can only transfer up to the amount of their existing debts.
On March 25, 2025, at 09:00 UTC, Binance will automatically liquidate user positions and cancel all pending orders for the affected trading pairs. Following this procedure, these trading pairs will be completely removed from margin trading. However, Binance clarified that users can continue buying and selling the specified altcoins through different trading pairs.
To mitigate risks of losses, users must close their positions and transfer assets from margin accounts to spot accounts before the designated dates. Binance emphasized that it will not be responsible for any losses incurred due to failure to complete these transactions on time.
