Binance announced that it will remove UTK/$USDC and $ZIL/$BTC from its margin trading list on June 25, 2025.
Binance Margin to Delisting UTK/$USDC and $ZIL/$BTC Margin Trading Pairs on June 25
This delisting transaction, which covers both cross margin and isolated margin transactions, will come into effect at 09:00 ($GMT+3).
Margin Pairs to be Removed:
- Cross Margin: UTK/$USDC, $ZIL/$BTC
- Isolated Margin: UTK/$USDC, $ZIL/$BTC
Critical Dates:
- June 24, 2025 09:00 ($GMT+3): New borrowing transactions for isolated margin transactions will be suspended.
- June 25, 2025 09:00 (UTC): All open positions will be automatically closed, pending orders will be canceled, and the relevant pairs will be completely removed from Binance Margin.
Warnings for Users:
- Users will no longer be able to transfer assets to isolated margin accounts via manual or automatic transfers in these pairs.
- Users who owe money in the relevant tokens will only be able to make manual transfers up to the current debt amount (after collateral is deducted).
- Binance stated that users will not be able to update their positions during the removal process and that it will not be responsible for any potential losses.
- Users are strongly advised to close their positions or transfer their assets to Spot Accounts before margin trading expires.
Binance noted that after assets like UTK and $ZIL were removed from margin, these tokens would continue to be traded on other existing trading pairs.
*This is not investment advice.
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