BitcoinSistemi
2025-09-24 12:47:08

Binance Futures Announces Delisting of This Altcoin Trading Pair! Here Are the Details

Binance has made an important announcement to secure user experience and reduce market risks. Binance Futures Removes UXLINKUSDT Futures Contract According to the exchange's statement, all positions on the USDⓈ-Margined UXLINKUSDT perpetual contract will be automatically closed as of 12:00 on September 26, 2025, and the contract will be permanently delisted. To avoid potential risks, users are advised to manually close their open positions before the delisting time. Furthermore, new positions for this contract will be suspended at 11:30 AM on September 26, 2025. According to Binance's statement, the Futures Insurance Fund will not be used for the contract in question in the last hour before expiration. Any liquidations occurring during this period will be transferred to the market in one go using the “Immediate or Cancel Order” (IOCO) method. If the user's account assets are sufficient to cover the maintenance margin, the liquidation process will stop. Otherwise, any remaining positions will be closed through the Automatic Deleveraging (ADL) process. Binance specifically advised users to manage their positions carefully due to high volatility and low liquidity in the last hour. It also emphasized that additional protection measures may be implemented in the event of extreme market fluctuations. These measures may include steps such as updating maximum leverage values and margin requirements, adjusting funding rates, changing price index components, and updating the signal price through the Last Price Protected Mechanism. This development once again reveals Binance's sensitivity to risk management and user security. Continue Reading: Binance Futures Announces Delisting of This Altcoin Trading Pair! Here Are the Details

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