BitUBU will delist several margin trading pairs

BitUBU will delist several margin trading pairs

In order to improve market liquidity and improve the overall user experience, BitUBU will delist several low-liquidity margin trading pairs. The details are as follows：

1. Margin trading
Margin trading pairs
Cease borrowing feature
Delisting time
RSR-BTC
February 20, 2022, 08:00 AM UTC
February 23, 2022, 06:00 AM UTC
LON-USDT
February 23, 2022, 08:00 AM UTC
EFI-USDT
February 23, 2022, 10:00 AM UTC
ONT-BTC
February 24, 2022, 06:00 AM UTC
IOTA-BTC
February 24, 2022, 08:00 AM UTC
BNT-BTC
February 24, 2022, 10:00 AM UTC
BTM-USDT
BTM-BTC
February 23, 2022, 08:00 AM UTC
February 27, 2022, 07:00 AM UTC
CONV-USDT
February 27, 2022, 09:00 AM UTC
BZZ-USDT
February 28, 2022, 07:00 AM UTC
CQT-USDT
February 28, 2022, 09:00 AM UTC

BitUBU  will suspend margin trading and flexible loan at the delisting times listed above and open orders for margin will be canceled. Each crypto pair will take around 1 hour to suspend. Users with borrowings or collateral of the above crypto pairs in margin trading and flexible loan should make sure to repay before the delisting times. A forced payment will be triggered if unpaid borrowings remain due by the delisting times.
 
Please note: Prices may experience extreme fluctuations. To avoid losses caused by forced repayment, we recommend you stop trading pairs listed above and close all underlying positions in advance.

Regards,
BitUBU
Feb 16, 2023 (UTC)