Binance Futures Trading Ends Support for XRP and TUSD
In a recent announcement, Binance Futures, part of the Binance exchange, declared that it would discontinue support for two cryptocurrencies, XRP and TUSD, as margin assets in multi-asset mode. This change will take effect from 06:00 on May 28, 2024 (UTC).
XRP and TUSD transfer limits in multi-asset mode have already been updated to 0 from 06:00 (UTC) on May 14, 2024.
Balance conversion
Any XRP and TUSD balances remaining in your USDⓈ-M futures wallet after the aforementioned time and date will automatically be converted to USDT within approximately 24 hours at the rates listed below.
Important notice for users
We strongly recommend this to users. Do not add new futures positions During the period of converting XRP and TUSD to USDT to avoid potential losses. Binance is not responsible for any losses on new positions that may arise due to fund conversion during this period.
Please note that conversions may not be reflected in the user’s transaction history.
There may be inconsistencies in the English translated version of this original article. Please refer to this original version for the most current or most accurate information in case of any discrepancies.
Binance’s continued support
Binance continues to serve its large user base and remains committed to providing a safe and efficient trading environment. We also urge our users to trade responsibly and make informed decisions.
disclaimer
Digital asset prices may fluctuate. The value of your investments can fall as well as rise and you may not get back the amount you invest. You are solely responsible for your investment decisions and Binance is not responsible for any losses you may suffer. Futures trading in particular is subject to high market risk and price volatility. You may be asked to make additional margin deposits or pay interest. If required margin deposits or interest payments are not made within the specified period, your collateral may be liquidated without your consent. You are also responsible for any deficits incurred on your account and any interest charged on your account. In the event of adverse price movements, all margin balances may be liquidated. Past performance is not a reliable predictor of future performance. Before trading, you should independently evaluate the appropriateness of any transaction, considering your objectives and circumstances, including the risks and potential benefits. Consult your own advisor where appropriate. This information should not be construed as financial or investment advice.
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