Binance Will Delist ALGOUSD, SANDUSD, ATOMUSD Coin-Margined Perpetual Contracts

BlockBeats News, March 13th, Binance announced that the platform will delist multiple USDⓈ-M and COIN-M perpetual contracts and will auto-close positions before settlement.

March 17th, 09:00 (UTC) U-margined: Delist VFYUSDT, 1000WHYUSDT, BDXNUSDT perpetual contracts
March 18th, 09:00 (UTC) Coin-margined: Delist ALGOUSD, SANDUSD, ENSUSD, ATOMUSD perpetual contracts

The platform will stop the Insurance Fund's support for liquidation 1 hour before settlement and recommends users to close positions proactively before delisting to avoid auto settlement. Additionally, the exchange may adjust parameters such as leverage and margin requirements based on market volatility.