Claim BonusBinance To Delist Litecoin (LTC) And Dogecoin (DOGE) Perpetuals, But There’s A Catch
The world’s largest crypto exchange Binance on Thursday announces a plan to delist Litecoin (LTC) And Dogecoin (DOGE) perpetual contacts next week. The exchange will adjust the leverage and margin tiers of LTCBUSD and DOGEBUSD perpetual contracts today and delist them after an automatic settlement as per the announcement.
Binance Delisting Litecoin (LTC) And Dogecoin (DOGE) BUSD Pairs
Crypto exchange Binance in an official announcement on August 17 revealed the plan to delist USDⓈ-M LTCBUSD and DOGEBUSD perpetual contracts. Users are requested to make necessary changes as Binance will close all positions and conduct an automatic settlement on August 24 at 09:00 UTC.
In addition, Binance will adjust the leverage and margin tiers of LTCBUSD and DOGEBUSD perpetual contracts at 12.30 UTC today. The move has come in response to the crypto exchange’s strategy to slowly decrease BUSD pairs on the platform.
Binance is mainly reducing leverage for both Litecoin (LTC) And Dogecoin (DOGE) perpetual contacts. Users are not allowed to open new positions for LTCBUSD and DOGEBUSD from 08:30 UTC on August 24.
Last week, Binance announced the delisting of Cardano (ADA) and Polygon (MATIC) perpetual contacts. The exchange is slowly delisting all perpetual contacts in BUSD pairs.
Read More: BinanceUS’ Protective Order Against US SEC Referred To Magistrate Judge, What’s Next?
LTC and DOGE Prices Nosedive
Altcoins remain under pressure amid selloffs across the broader crypto market. Litecoin and Dogecoin prices have also dropped 10% each in a week.
LTC price fell 5% in the last 24 hours, with the price currently trading at $75. The 24-hour low and high are $73.63 and $78.73, respectively. However, the trading volume has increased by 55% in the last 24 hours.
DOGE price also dropped 5% in the past 24 hours, with the price currently trading at $0.067. The 24-hour low and high are $0.0664 and $0.0701, respectively.
Also Read:
- Shibarium Stops Producing Blocks Again, Whales Dumping SHIB And BONE
- Solana (SOL) Now Among the Most Liquid Altcoins on Coinbase: Kaiko
- FTX Seeks Settlement Agreement With Genesis For Just $176 Million
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Is Pi Coin Set for Kraken Listing? U.S. Exchange Adds Pi Network to 2026 Roadmap
- Top 5 Reasons Why BTC Price Is Crashing Non-Stop Right Now
- Is the Sell-Off Just Starting? BlackRock Bitcoin ETF Sees Records $10B in Notional Volume
- How Low Can Bitcoin Dip- Peter Brandt Predicts Possible BTC Bottom
- Strategy’s Michael Saylor, CEO Phong Le Assure More Bitcoin Buy, No Liquidations Until $8K
- XRP Price Outlook As Peter Brandt Predicts BTC Price Might Crash to $42k
- Will Cardano Price Rise After CME ADA Futures Launch on Feb 9?
- Dogecoin, Shiba Inu, and Pepe Coin Price Prediction as Bitcoin Crashes Below $70K.
- BTC and XRP Price Prediction As Treasury Secretary Bessent Warns “US Won’t Bail Out Bitcoin”
- Ethereum Price Prediction As Vitalik Continues to Dump More ETH Amid Crypto Crash
- Why XRP Price Struggles With Recovery?
