Critical Alert: Binance Delists XCN, FLM, PERP Perpetual Futures
The post Critical Alert: Binance Delists XCN, FLM, PERP Perpetual Futures appeared on BitcoinEthereumNews.com.
Attention cryptocurrency traders: Binance has dropped a significant announcement that will impact your trading strategy. The world’s largest crypto exchange revealed it will delist three major perpetual futures contracts, sending ripples through the trading community. If you’re holding XCN, FLM, or PERP positions, you need to understand what this Binance delist perpetual futures decision means for your portfolio. What Exactly Is Binance Delisting? Binance confirmed it will remove XCN/USDT, FLM/USDT, and PERP/USDT perpetual futures contracts from its platform. The delisting occurs precisely at 9:00 a.m. UTC on June 21. This Binance delist perpetual futures action means traders can no longer open new positions or roll over existing ones after this deadline. The exchange typically makes such decisions based on several factors including: Low trading volume and liquidity Project development activity Network security and stability Community feedback and market demand Why Would Binance Delist Perpetual Futures Contracts? Understanding why exchanges remove trading pairs helps traders anticipate future changes. When Binance decides to delist perpetual futures, it’s usually about maintaining platform quality and protecting users. Low-volume contracts can lead to: Increased slippage during trades Higher vulnerability to market manipulation Reduced overall trading experience quality This Binance delist perpetual futures move follows their standard practice of regularly reviewing all listed contracts to ensure they meet strict standards. How Should Traders Prepare for This Change? If you currently hold positions in these contracts, immediate action is crucial. Here’s your essential checklist: Close open positions before June 21 at 9:00 a.m. UTC Cancel all pending orders for these pairs Transfer funds if needed to other trading pairs Monitor spot trading availability for these tokens Remember, the Binance delist perpetual futures action doesn’t necessarily affect spot trading of these tokens. However, reduced futures availability often impacts overall market sentiment. What Are the Broader Implications for Crypto…
Filed under: News - @ November 18, 2025 4:34 am