Binance Margin Trading Update: Delisting of BTTC and POWR
In a recent official announcement, Binance has conducted a routine review of assets available on its margin trading and borrowing platforms. The exchange confirmed it will cease support for BitTorrent (BTTC) and Powerledger (POWR) tokens in these services effective August 14, 2026, at 18:00 (UTC+8).
Delisting Schedule and Details
The change impacts both margin trading and crypto loans. After the specified deadline, users will no longer be able to open new leveraged positions using BTTC or POWR, nor borrow these assets.
- Deadline: August 14, 2026, 18:00 (UTC+8).
- Affected Services: Margin Trading, Borrowing.
- Affected Assets: BTTC (BitTorrent), POWR (Powerledger).
Immediate Actions Required for Users
If you currently hold open margin positions involving BTTC or POWR, or have outstanding loans in these assets, immediate action is necessary. Binance advises users to close their positions or repay loans proactively before the cutoff time.
Positions not managed by users prior to the deadline may be subject to automatic liquidation, and any outstanding borrowings may be forcefully repaid by the system. This process will be executed at prevailing market prices, which may carry inherent volatility risks.
Understanding the Rationale Behind the Move
Exchanges regularly evaluate listed assets based on liquidity, trading volume, and compliance standards. The delisting of specific tokens typically results from a holistic review of their market performance, user demand, and project development. Such adjustments allow platforms to streamline their offerings and focus resources on more active markets.
Users holding these assets can continue to hold them in spot wallets or on other trading pairs. This change only affects their availability within Binance's specific margin and borrowing products.