Binance Will Delist All FTX Leveraged Tokens due to Community Confusion
On March 28, 2020, Binance announced they will be delisting all of the FTX leveraged tokens. The reason for delisting the tokens is because of the misunderstanding among users on how these tokens function. The following assets will be delisted, along with all of their trading pairs.
BULL
BEAR
ETHBULL
ETHBEAR
EOSBULL
EOSBEAR
BNBBULL
BNBBEAR
XRPBULL
XRPBEAR
All trading for these assets will stop on 2020/03/31 at 10am UTC. At that time, any outstanding balances on the tokens will be converted to BUSD.
The Shrimpy team recommends all Binance customers adjust their portfolios based on this news. Sign up today to begin automating your crypto portfolio!
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