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Fellow Binancians,
Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged tokens and corresponding trading pairs, and will stop trading at 2020/03/31 10:00 AM (UTC). We will close deposits and withdrawals for all FTX leveraged tokens at 2020/03/31 08:00 AM.
From now until the above delisting time, users will be able to either:
Trade out of their existing Leveraged token positions.
Withdraw their Leveraged tokens.
Continue holding their Leveraged tokens until the trading pairs are delisted. We will credit your Binance account with the equivalent value held in each leveraged token at the time of delisting in BUSD and within 14 days.
The assets being delisted include BULL, BEAR, ETHBULL, ETHBEAR, EOSBULL, EOSBEAR, BNBBULL, BNBBEAR, XRPBULL and XRPBEAR.
The trading pairs being delisted include BULL/USDT, BULL/BUSD, BEAR/USDT, BEAR/BUSD, ETHBULL/USDT, ETHBULL/BUSD, ETHBEAR/USDT, ETHBEAR/BUSD, EOSBULL/USDT, EOSBULL//BUSD, EOSBEAR/USDT, EOSBEAR/BUSD, BNBBULL/USDT, BNBBULL/BUSD, BNBBEAR/USDT, BNBBEAR/BUSD, XRPBULL/USDT, XRPBULL/BUSD, XRPBEAR/USDT and XRPBEAR/BUSD.
We apologize for the inconvenience and appreciate your patience.
Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged tokens and corresponding trading pairs, and will stop trading at 2020/03/31 10:00 AM (UTC). We will close deposits and withdrawals for all FTX leveraged tokens at 2020/03/31 08:00 AM.
From now until the above delisting time, users will be able to either:
Trade out of their existing Leveraged token positions.
Withdraw their Leveraged tokens.
Continue holding their Leveraged tokens until the trading pairs are delisted. We will credit your Binance account with the equivalent value held in each leveraged token at the time of delisting in BUSD and within 14 days.
The assets being delisted include BULL, BEAR, ETHBULL, ETHBEAR, EOSBULL, EOSBEAR, BNBBULL, BNBBEAR, XRPBULL and XRPBEAR.
The trading pairs being delisted include BULL/USDT, BULL/BUSD, BEAR/USDT, BEAR/BUSD, ETHBULL/USDT, ETHBULL/BUSD, ETHBEAR/USDT, ETHBEAR/BUSD, EOSBULL/USDT, EOSBULL//BUSD, EOSBEAR/USDT, EOSBEAR/BUSD, BNBBULL/USDT, BNBBULL/BUSD, BNBBEAR/USDT, BNBBEAR/BUSD, XRPBULL/USDT, XRPBULL/BUSD, XRPBEAR/USDT and XRPBEAR/BUSD.
We apologize for the inconvenience and appreciate your patience.
Source :- https://binance.zendesk.com/hc/en-us/articles/360041613471