To ensure market stability and provide a superior trading experience, our platform conducts periodic reviews of its leveraged trading offerings. This process sometimes necessitates the removal of specific trading pairs to mitigate risk and maintain service quality.
This announcement details the upcoming schedule for the removal of certain leveraged trading pairs and provides essential guidance for affected users.
Scheduled Leverage Trading Pair Removals
The following leveraged trading pairs will be permanently removed from our platform. Users are advised to take note of the specific timelines to manage their positions accordingly.
| Leverage Trading Pair | Borrowing Function Disabled | Official Removal & Settlement Window |
|---|---|---|
| LUNA/USDC | April 22, 2025, 7:30 PM (UTC+8) | April 29, 2025, 2:00 PM - 4:00 PM (UTC+8) |
| ETHW/USDC | April 22, 2025, 7:30 PM (UTC+8) | April 29, 2025, 2:00 PM - 4:00 PM (UTC+8) |
Key Actions for Users
During the official removal window, the platform will automatically initiate the following processes for the affected pairs:
- All active leveraged trading services for these pairs will be suspended.
- All existing market orders within the leveraged trading markets for these pairs will be systematically canceled.
- The complete removal and settlement process is expected to take approximately two hours.
For Users with Outstanding Loans or Collateral
This is a critical action item. If you have an active borrow or are using collateral in these specific pairs, you must repay your loan in full before the official removal time.
If any borrowed tokens remain unpaid when the removal process begins, the system will automatically execute a forced repayment. This automated process could result in unexpected losses, especially during periods of high market volatility. We strongly recommend proactively managing your positions to avoid this scenario.
Proactive Risk Management Advice
Digital asset markets are known for their volatility. To protect your investments, we advise you to close any open positions in these pairs before the trading halt begins. Taking manual control of your trades allows you to secure your preferred exit price and avoid potential slippage from an automated system closure during a volatile period.
Our commitment is to continuously enhance our product ecosystem and provide you with a secure, reliable, and feature-rich trading environment. We appreciate your understanding and cooperation as we make these necessary adjustments. For the latest updates and to manage your assets, you can always check your account status on our official platform.
Frequently Asked Questions
Why is the platform removing these leveraged trading pairs?
Trading pairs are periodically reviewed and may be removed due to factors like low liquidity, high volatility, or to overall improve market stability and user experience. This is a standard risk management practice.
What happens if I don't repay my loan before the removal time?
The system will automatically initiate a forced repayment of your outstanding loan during the removal window. This is done at the prevailing market price, which could be unfavorable and may result in a loss.
Can I still trade these pairs on the spot market after the leverage removal?
This announcement only concerns the leveraged trading versions of these pairs. The availability of these pairs for spot trading is unrelated and will be communicated separately if any changes are planned.
Will I be notified again before the removal happens?
This official announcement serves as the primary notice. Users are responsible for managing their positions based on this published schedule. It is wise to set personal reminders for key dates.
How can I stay informed about future listings or removals?
All official announcements are published on our platform's news and公告 section. Regularly checking these updates is the best way to stay informed.
Is there a way to suggest a new pair for leverage trading?
Many platforms have forms or channels for users to suggest new listings. You can explore more strategies and provide feedback directly through our main site.