Binance, a leading cryptocurrency exchange, has announced its decision to delist two margin trading pairs: QTUM/BTC and XVS/BTC. This change will take effect on November 14 at 06:00 UTC. Both cross and isolated margins for QTUM/BTC, and isolated margin for XVS/BTC will be impacted by this decision.
Beginning on November 7, Binance will suspend isolated margin borrowing for these trading pairs. This proactive measure is intended to help users manage their accounts and adjust their positions before the official delisting date.
On November 14, Binance will automatically close any open positions associated with these pairs at the established delisting time. Account settlements and cancellation of any pending orders related to the affected pairs will also occur as part of the process.
This strategic move by Binance underscores the exchange's ongoing efforts to optimize its trading environment by reassessing the viability and demand for certain trading pairs.
