🚨🚨🚨Binance Makes Critical Delisting Decision for an Altcoin: Price Drops by 30%
The world’s largest crypto exchange, #Binance , has revealed it will remove certain margin trading pairs for an altcoin.
According to the official statement, Utrust ($UTK ) margin pairs will be delisted from both isolated and cross margin trading. The #UTK /USDT pair will be completely removed from margin trading.
Binance also stated that, effective immediately, users will no longer be able to transfer new assets (manually or automatically) into margin accounts for this token. Only transfers up to existing liabilities will be allowed.
📅 Key Timeline (UTC):
March 27, 2026 – 06:00 UTC: Borrowing for margin trading will be suspended
March 30, 2026 – 06:00 UTC:
All open positions will be automatically closed
Pending orders will be canceled
The pairs will be fully delisted from margin trading
Binance noted that the delisting process may take up to 3 hours and strongly advised users to close positions and transfer funds to spot accounts before March 30.
⚠️ The exchange emphasized it will not be responsible for any potential losses during this process.