Binance Delists Trading Pairs Amid Review of Individual Assets
Binance is taking steps to delist five cross-margin trading pairs and one isolated-margin pair on September 18. The affected cross-margin pairs are ENJ/USDC, GENIUS/USDC, CVX/USDC, GUN/USDC, and VANA/USDC. On isolated margin, only GENIUS/USDC will be removed.
The exchange has already implemented measures to prevent potential losses. Assets related to the pairs can no longer be transferred into isolated-margin accounts by manual or automatic transfer, and isolated-margin borrowing for GENIUS/USDC was halted on September 16. Binance advises users to close positions or move assets from margin accounts to spot accounts before trading is halted.
The delisting process may take around three hours, making it difficult to adjust positions during this time. Although the assets will no longer be available for trading in these specific pairs, they can continue to be traded in other supported pairs on Binance Margin after the delisting.