Binance Axes Three USDT-Margined Perpetual Contracts on October 5th
Binance has announced it will remove three USDT-margined perpetual contracts from its trading platform, effective October 5th. The exchange will stop accepting new non-reduce-only orders for PROMPTUSDT, PUMPBTCUSDT, and 1000000BOBUSDT at 4:30 a.m. ET (08:30 UTC). After this cutoff, any remaining positions in these contracts will be automatically closed and settled at 5 a.m. ET (09:00 UTC). The contracts themselves will be removed after settlement is completed.
This move affects three specific perpetual contracts that use USDT as collateral. Binance will not accept new non-reduce-only orders for these contracts, and all existing positions will be automatically closed and settled at the specified time.