PANews
PANews|Jun 08, 2026 10:13
Binance leverage and borrowing will be removed from XNO, IQ, QUICK, DGB Starting from 11:00 on June 12th, Binance will remove XNO, IQ, QUICK, and DGB from borrowing and pledging coins, and automatically close and liquidate outstanding orders collateralized with the aforementioned tokens; Starting from 18:00 on the same day, all positions and position by position leverage will be removed from related trading pairs. During this period, users will not be able to update their positions or transfer related tokens. The relevant leverage assets in the unified account will also be forcibly liquidated and converted into USDT. Binance recommends users to actively close their positions, transfer back to spot trading, and replenish margin before the scheduled delisting time to reduce passive clearing risks.
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