04.08.2025 04:29

Binance will remove several FDUSD margin trading pairs from its platform, impacting traders' positions. The delisting, scheduled for August 8th at 06:00 UTC, affects a selection of cryptocurrency pairs.

Specifically, the DOGS/FDUSD and PEOPLE/FDUSD pairs will be completely delisted from both isolated and cross margin trading. This means traders using either method with these pairs must act swiftly. For MOVE/FDUSD and MANTA/FDUSD, the delisting applies only to cross margin trading, leaving isolated margin positions unaffected, albeit still requiring careful management.

Traders are urged to proactively close all open positions in these affected pairs before the August 8th deadline. Failure to do so may result in forced liquidations, leading to potential significant financial losses for affected users. Careful monitoring of positions and timely closure are crucial for mitigating risk.

This action by Binance highlights the importance of staying informed about platform changes and actively managing one's margin trading activities. The removal of these pairs underscores the dynamic nature of the cryptocurrency market and the need for traders to remain vigilant. Information regarding this delisting was obtained from internet sources.