Last Minute Announcement From Binance For These 10 Altcoins: There Is Delist!

Binance, the world’s largest cryptocurrency exchange by trading volume, has made announcements covering various altcoin projects. According to the announcements, while 3 altcoin pairs were delisted, new ones were added to the cross and isolated margin pairs. Also, OP has been added to the Binance Convert platform with 29 altcoin pairs. Here are the details…

3 altcoin pairs being delisted

Binance has stated that some trading pairs will be delisted on June 9, 2022, at 6 am Turkey time. Users will still be able to trade delisted assets with other trading pairs available on Binance. Only the following pairs are delisted due to their generally low volume:

  • Holo (HOT) / BNB (BNB)
  • Perl.eco (PERL) / BNB (BNB)
  • Spell (SPELL) / BNB (BNB)

New parities are added to cross and isolated margin trades

Binance adds Anchor Protocol (ANC), MovieBloc (MBL), Optimism (OP) altcoins to its cross margin transactions. The isolated margin adds Acropolis (AKRO), Anchor Protocol (ANC), Ellipsis X (EPX), Terra (LUNA), Terra Classic (LUNC), MovieBloc (MBL) and Optimism (OP).

  • New cross margin pairs: ANC/BUSD, ANC/USDT, MBL/BUSD, OP/BUSD, OP/USDT
  • New isolated margin pairs: AKRO/BUSD, ANC/BUSD, ANC/USDT, EPX/BUSD, EPX/USDT, LUNA/BUSD, LUNA/USDT, LUNC/BUSD, MBL/BUSD, OP/BUSD, OP/USDT

AmkNews.com As we have also reported, margin trading is a method of trading assets using funds provided by a third party. Compared to regular trading accounts, margin accounts allow traders to access more capital and leverage their positions.

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Essentially, margin trading strengthens the trading results so that traders can make bigger profits on successful trades. The ability to expand trading results makes Margin trading particularly popular in low volatility markets, especially in the international Forex market. However, Margin trading is also used in the stock, commodity and cryptocurrency markets.

29 new pairs added to Binance Convert

Finally, Binance is adding Optimism (OP) to Binance Convert with 29 new pairs available. Users can now trade OPs against BTC, BUSD, USDC, USDT and other tokens and check the indicative prices of this asset via Binance Convert. As is known, Binance’s OTC and Convert functions allow users to quickly convert their invested cryptocurrency to another crypto. Considering that the prices of cryptocurrencies rise and fall quite quickly, users who want a little more guarantee may prefer such services more.

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Larry Brown

I graduated from Yale University, Department of Television. I have been a professional news writer for 3 years. I am continuing my career here by establishing amknews.com site 3 months ago.