Binance to Delist TST and IOTX Leveraged Tokens and Borrowing on July 10

BlockBeats News, July 6, Binance announced that it will delist the full range of leveraged trading pairs for TST (Test) and IOTX (IoTeX) on July 10 at 10:00 (UTC) and will terminate related lending services.

Specifically, Binance will suspend the leveraged borrowing function for the above tokens on July 7 at 10:00 (UTC); starting from July 10 at 10:00 (UTC), the platform will close related isolated and cross-margin leveraged positions, automatically settle any outstanding debt, cancel open orders, and remove related leveraged trading pairs. At the same time, Flexible Loan and VIP Loan will also automatically close any outstanding borrowing positions involving the mentioned tokens.