Binance Futures delisted XEM, ORBS and LOOM.
Binance Futures to Delisting XEMUSDT, ORBSUSDT, and LOOMUSDT Perpetual Contracts on December 9
The delisting process includes the following steps:
All open positions must be closed by 11:00 AM on December 9, 2024. Remaining positions will be subject to automatic reconciliation at this time.
Opening new positions will be disabled as of 11:30 on December 9, 2024.
The contracts will be delisted immediately after the settlement process is completed.
Binance Funding Rate Arbitrage Bot will close all active arbitrage strategies involving delisted pairs at 12:00 PM.
After their delisting, these pairs will no longer be available for new arbitrage strategies.
Binance is urging users to close their open positions before the deadline to avoid automatic liquidation. The platform recommends following updates closely for more details or assistance regarding the delisting process.
This move is in line with Binance’s continuous efforts to optimize trading offerings and enhance user experience by ensuring the liquidity and efficiency of its platform.
*This is not investment advice.
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