Summary
- Binance announced it will sequentially delist four USDⓈ-M perpetual futures contracts on the 5th: SXPUSDT·MILKUSDT·OBOLUSDT·TOKENUSDT.
- At delisting, all positions will be automatically settled, and after settlement is completed the products will be delisted immediately.
- Binance recommended that investors close their positions before delisting to avoid automatic settlement.
Global crypto exchange Binance will sequentially delist four USDⓈ-M perpetual futures contracts — SXPUSDT, MILKUSDT, OBOLUSDT, and TOKENUSDT — on the 5th.
According to Binance on the 1st (local time), all positions in the futures products will be automatically settled at 18:00 (KST) on the 5th for SXPUSDT and MILKUSDT, and at 18:30 (KST) for OBOLUSDT and TOKENUSDT. Once settlement is completed, the products will be delisted immediately.
Binance advised, "We recommend closing positions before the delisting time to avoid automatic settlement."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
