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Binance to Delist Three Popular Assets, Here Are Tickers
In a recent announcement, Binance has disclosed plans to delist several popular assets from its platform. According to the latest notice, AKRO/USDT, BLZ/BTC, BLZ/USDT, and WRX/USDT spot trading pairs will be delisted on December 24 at 3:00 AM UTC.
Additionally, Binance Auto-Invest and Binance Gift Card have also announced plans to delist the tokens related to these assets on December 20 and 25 respectively. The delisting dates for Binance Pay are set for December 23, while Trading Bots services will cease to exist on December 25.
The reason behind this decision has not been explicitly stated by Binance, but it may be due to a lack of liquidity or trading activity in these assets. This move is essential for maintaining the overall health and stability of the platform.
It’s worth noting that users holding positions in these contracts have until the specified delisting dates to liquidate their holdings. After the cut-off time, all open positions will be automatically settled at the last price quoted prior to the delisting date.
As a precautionary measure, investors are advised to review their portfolios and adjust their investments accordingly to minimize potential losses.
Source: u.today
