Crypto exchange Binance announced it is delisting margin trading pairs for three fiat currencies, namely the Australian dollar (AUD), the Euro (EUR), and the British pound sterling (GBP).
Amidst increasing regulatory pressure, the world’s largest crypto trading platform in terms of volume continues curbing its trading services.
Margin trading
Binance Margin will delist AUD, EUR, and GBP cross and isolated margin pairs, according to the official announcement.
Binance Margin to Delist $AUD, $EUR & $GBP Pairshttps://t.co/gyBP8XzITI
— Binance (@binance) July 26, 2021
As of August 10, the exchange will suspend mentioned fiat trading pairs and, as of August 12, it will switch to automatic settlement and cancel all related pending orders.
Roughly two years ago the exchange introduced crypto margin trading, enabling trading cryptocurrencies through borrowing funds, while allowing traders to access bigger capital to leverage their positions.
According to the exchange’s warni
Źródło: https://cryptoslate.com/binance-cuts-aud-eur-gbp-trade-pairs-amidst-regulatory-crackdowns/
