Urgent: Binance Delists Futures for DEFI and MEMEFI – What You Need to Know
Main Idea
Binance will delist DEFI and MEMEFI perpetual futures contracts on August 11 at 09:00 UTC, requiring traders to adjust their positions accordingly.
Key Points
1. Binance is removing DEFI and MEMEFI perpetual futures contracts, effective August 11 at 09:00 UTC.
2. Traders with open positions in these contracts are advised to close them before the deadline to avoid forced closures.
3. The delisting does not affect spot trading of DEFI or MEMEFI tokens on Binance.
4. Binance did not provide specific reasons for the delisting, but such actions are common for market health and compliance.
5. The announcement highlights the dynamic nature of the crypto perpetual futures market and the need for traders to stay updated.
Description
BitcoinWorld Urgent: Binance Delists Futures for DEFI and MEMEFI – What You Need to Know The cryptocurrency world often moves at lightning speed, and staying informed is crucial for every trader. A significant Binance trading update has just hit the wires, directly impacting those involved in derivative markets. Major crypto exchange Binance has officially announced its decision to delist certain perpetual futures contracts, specifically targeting DEFI and MEMEFI tokens. This move is set to take...
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