Binance announced on June 25, 2025 that it would remove UTK/USDC and ZIL/BTC from its margin trading list.
Binance margin for listing UTK/USDC and ZIL/BTC margin trading pairs on June 25th
This listing transaction covering both cross-margin and isolated margin transactions will take effect at 09:00 (GMT+3).
Margin pair to delete:
- Cross Margin: /usdc, zil/btc
- Separation margin: UTK/USDC, ZIL/BTC
Important Dates:
- June 24, 2025 09:00 (GMT+3): New borrowing transactions for quarantined margin transactions will be stopped.
- June 25, 2025 09:00 (UTC): All open positions will be automatically closed, pending orders will be cancelled, and associated pairs will be removed entirely from Binance margin.
User warning:
- Users will no longer be able to transfer assets to quarantined margin accounts, either manually or through automatic transfers of these pairs.
- Users who borrow money from the associated token can make a manual transfer to their current obligation amount (after collateral is deducted).
- Binance said the user was unable to update the position during the removal process and was not liable for any potential losses.
- Users are strongly encouraged to close positions or transfer assets to an account before the margin transaction expires.
Binance said that after assets such as UTK and Zil are removed from the margin, these tokens will continue to trade in other existing trading pairs.
*This is not investment advice.
