Binance's contract unified margin mode will stop supporting XRP and TUSD

2024-05-14 14:47:53

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ChainCatcher message: Starting from May 28, 2024, 14:00 (UTC+8), Binance Futures will stop supporting XRP and TUSD as collateral assets. The transfer limit for XRP and TUSD in the cross-margin mode has been updated to zero as of May 14, 2024, 14:00 (UTC+8).

After May 28, 2024, 14:00 (UTC+8), any remaining XRP and TUSD balances in the USDT-margined contract wallet will be automatically converted to USDT at the following rates, with the conversion process taking approximately 24 hours:

XRP: Based on the average price index of XRPUSDT from May 28, 2024, 13:00 (UTC+8) to May 28, 2024, 14:00 (UTC+8);
TUSD: At a 1:1 ratio.

Note: Users are strongly advised not to open new positions in contracts during the conversion of XRP and TUSD to USDT to avoid any potential losses. Binance will not be responsible for any losses incurred by users who open new positions during the asset conversion period;
Please note: The conversion may not be reflected in the user's transaction history.

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