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Bitcoin:
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BTC Dominance:
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Market Cap:
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Binance Delists 5 Altcoins from Perpetual Trading

Binance Tick Size

Binance, the world’s largest cryptocurrency exchange, has announced that it will delist five perpetual trading pairs: STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT.

The delisting will take effect on:

May 13, 2024 at 07:30 AM UTC for STPTUSDT, SNTUSDT, and MBLUSDT perpetual contracts.

May 14, 2024 at 06:00 AM UTC for RADUSDT and CVXUSDT perpetual contracts.

Binance will adjust the leverage of the specified trading pairs on May 6, 2024 at 07:30 AM UTC.

Users will still be able to trade the delisted altcoins on Binance’s spot market.

Binance recommends that users adjust their leverage levels to avoid potential liquidations.

Reasons for Delisting

Binance did not specify the reasons for delisting the five altcoins. However, the exchange has previously delisted other altcoins due to low trading volume or security concerns.

Impact on Traders

The delisting will have a limited impact on traders, as they will still be able to trade the delisted altcoins on Binance’s spot market. However, traders who use perpetual trading to leverage their positions may be affected by the delisting.

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