Binance Announces Delisting of 4 Altcoin Pairs and Airdrop for POWER

Binance Announces Delisting of 4 Altcoin Pairs and Airdrop for POWER

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Binance made two important announcements both on the futures side and within the Alpha ecosystem. The exchange announced that it would delist four different USDⓈ-M perpetual contracts on December 10th, and on the same day, it was announced that a new project called POWER would begin trading on Binance Alpha.

Delisting Process for 4 Altcoin Pairs on Binance Futures

Binance Futures announced that it will close all positions in the SKATEUSDT, REIUSDT, FISUSDT, and VOXELUSDT perpetual contracts on December 10, 2025, at 12:00 PM CET and subject them to automatic reconciliation. Users are advised to close their positions manually before this date; otherwise, the system will automatically liquidate them. Opening new positions in these contracts will also be disabled as of 11:30 AM CET.

Three of these coins (REI, FIS, and VOXEL) were already announced by Binance to be delisted approximately two days ago. The exchange is particularly focused on the final hour. The Futures Insurance Fund will not be activated during this period. If liquidation is triggered, a single IOCO (Immediate or Cancel) order will be used to drain market liquidity. If the IOCO order fails to sufficiently reduce the position, the remaining portion of the position will be closed using the ADL (Auto-Deleveraging) mechanism. Therefore, it is crucial for users to closely monitor their positions in the final hour, as increased volatility and a decrease in liquidity are expected.

Binance also stated that it may change numerous parameters, from leverage limits to funding rates, without prior announcement to protect against excessive market movements. Maintenance margin levels, price index components, and signal price mechanisms may also be updated accordingly. The exchange aims to protect both users and the overall risk structure of the platform with these measures.

POWER is being added to Binance Alpha

Meanwhile, the Binance Alpha ecosystem has been invigorated by a new listing and airdrop campaign. Power Protocol (POWER) opened in Alpha on December 5th at 1:00 PM CEST. The exciting feature for users with Alpha points is the limited POWER airdrop. Users with at least 245 Alpha Points will be able to claim 375 POWER tokens on a first-come, first-served basis.

If the airdrop pool remains undepleted, the threshold will decrease by 5 points every five minutes. This means the airdrop will be available not only to high-scoring users but also to a wider audience. However, each request will cost 15 Alpha Points. Furthermore, users must confirm their request within 24 hours of clicking the request button; otherwise, they will be deemed to have waived their rights.

#binance#binance alpha#power protocol#power coin#binance futures
Calendar게시일
2025년 12월 5일
Category카테고리
Reading time읽는 시간
2 분
Author작성자
JrKripto
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