Upcoming Removal of Leveraged Trading Pairs
An important update regarding leveraged trading products has been announced. Effective April 24th at 14:00 UTC, several popular cryptocurrency leveraged trading pairs will be delisted from the platform.
List of Affected Trading Pairs
The changes apply to two types of margin accounts:
- Cross-Margin Pairs: This includes AAVE/ETH, STX/BTC, ICP/BTC, SEI/BTC, AAVE/BTC, UNI/BTC, LTC/ETH, NEAR/BTC, XLM/BTC, and ADA/ETH.
- Isolated-Margin Pairs: Covering STX/BTC, ICP/BTC, SEI/BTC, AAVE/BTC, UNI/BTC, LTC/ETH, NEAR/BTC, XLM/BTC, and ADA/ETH.
Potential Implications for Traders
The removal of these pairs will temporarily eliminate leveraged trading opportunities for the involved assets. This could impact traders utilizing these specific pairs for arbitrage or hedging strategies, potentially leading to shifts in market liquidity around the adjustment period.
Recommended Steps for Users
Users with active positions in these pairs are advised to close or transfer their positions before the deadline. Exploring alternative available trading pairs or derivative instruments is recommended for ongoing risk management. Staying informed through official channels for future product updates is crucial.