Binance Announced for 14 Altcoins: Listing and Delisting Available!

Cryptocurrency exchange giant Binance offers its users both exciting new opportunities and delist news. Let’s look at the details together.

ZKsync has arrived on Binance!

Binance announced that it has added the ZKsync (ZK) token to its Binance Convert and “Buy Crypto” platforms. In this way, users will now be able to exchange ZK for BTC, USDT and all other tokens supported by Binance Convert at a zero price. You can convert ZK to target price whenever you want. Additionally, you can purchase ZK directly with your credit/debit card, Google Share, Apple Share, or make purchases and sales from the “Buy Crypto” page with your existing wallet balance. This development is seen as a valuable step in terms of providing users with easier access to ToM and the opportunity for diversification.

Attention: LINA/BTC margin processes are ending

Unfortunately, another announcement made by the exchange states that margin processes regarding the LINA/BTC pair have ended. As of June 19, 2024 at 09:00 CEST, both Cross Margin and Isolated Margin processes for LINA/BTC will be suspended. Before this date, isolated margin lending processes will be stopped on June 18, 2024 at 13:00 CET. Subsequently, at the specified time on June 19, users’ positions will be closed, settlement will be made automatically and all pending orders will be cancelled. LINA/BTC parity will be completely removed from the Margin platform.

Binance reports that users can still trade the LINA token through other trading pairs. However, he emphasizes that status updates are not possible during the delist process. Users are strongly advised to close their status and/or transfer their assets from Margin wallets to Spot wallets before June 19 at 09:00 UTC to avoid potential losses.

Binance margin gets richer with new process pairs

Binance is always reviewing and expanding the trading options offered on the platform to optimize users’ trading experience. In this context, new parities that can be traded with FDUSD, USDC and USDT have been added to Binance Margin. These new pairs, valid for both Cross Margin and Isolated Margin, are listed as follows:

Cross Margin

• 1000SATS/FDUSD
• BB/FDUSD
• BONK/FDUSD
• ETHFI/USDC
• FIRO/USDT
• FLOKI/FDUSD
• NOTE/FDUSD
• PEOPLE/FDUSD
• W/FDUSD
• WIF/FDUSD
• ZK/FDUSD

Isolated Margin

• 1000SATS/FDUSD
• BB/FDUSD
• BONK/FDUSD
• ETHFI/USDC
• FLOKI/FDUSD
• NOTE/FDUSD
• PEOPLE/FDUSD
• W/FDUSD
• WIF/FDUSD
• ZK/USDT

Conclusion: Binance continues to attract attention with its announcements

While Binance offers new opportunities to its users with ZKsync integration, the end of LINA/BTC margin processes may upset some investors. It will be useful for users to pay attention to delist news, manage their positions in a timely manner and evaluate the newly added process pairs.