Binance Reaches Decision on These 2 Altcoins: They Are Being Removed from Margin and Loan Trading!

Binance, the world’s largest cryptocurrency exchange, has announced that it will terminate margin and loan trading for 2 altcoins.

According to Binance’s official announcement, following recent reviews, BitTorrent (BTTC) and Powerledger (POWR) will be completely removed from the exchange’s margin and loan services. Accordingly, all cross and isolated margin trading pairs associated with these cryptocurrencies will be deleted from the Binance platform as of August 14, 2026.

As part of the process, Binance Margin will suspend borrowing operations for these altcoins as of August 11, 2026, at 10:00 (UTC). By August 14, 2026, at 10:00 (UTC), all open positions will be automatically closed, pending orders will be canceled, and the relevant trading pairs will be completely removed from the margin market. Users are strongly advised to close their positions or transfer their assets to their Spot wallets before this date.

Additionally, on the Binance Loan side, all open positions associated with these assets under Flexible Loan and VIP Loan services will be closed on August 14, 2026. For investors using Portfolio Margin, the delisted assets will be automatically liquidated and converted into USDT.

Binance stated that it will not be responsible for any potential losses during this process and emphasized that users should take the necessary precautions to manage their risks.