Binance Removes Five Cross Margin Pairs on September 18
Binance has announced the removal of five cross margin trading pairs effective September 18, giving leveraged traders a narrow window to adjust positions before the exchange automatically settles any remaining exposure. The affected pairs are ENJ/USDC, GENIUS/USDC, CVX/USDC, GUN/USDC, and VANA/USDC. Additionally, the GENIUS/USDC pair will be removed from isolated margin trading.
Key Deadlines and Automatic Settlement Process
The first deadline arrives on September 16 at 06:00 UTC, when Binance Margin will halt new borrowing for the affected isolated margin pair. Transfers into the relevant isolated margin accounts are already restricted, though users with outstanding liabilities may still transfer amounts corresponding to those obligations.
At 06:00 UTC on September 18, Binance will close all open positions, automatically settle them, and cancel pending orders for the affected cross and isolated margin pairs. The removal process may take approximately three hours, during which users will be unable to update positions. Any positions still open after the deadline will be automatically closed, settled, and canceled.
Margin Adjustment, Not Token Delisting
For active traders, the distinction between margin-pair removal and token delisting is critical. The underlying tokens — ENJ, GENIUS, CVX, GUN, and VANA — are not being removed from Binance entirely. The exchange confirms these assets remain tradable through other eligible margin pairs and spot markets where available. This action represents a margin-market adjustment rather than a full asset delisting.
Why Binance Is Adjusting Its Margin Markets
Binance regularly reshapes its supported trading products in response to changing liquidity, risk controls, and market conditions. Margin markets can be adjusted separately from spot listings, giving the exchange flexibility to manage leveraged products without necessarily ending access to an asset.
This approach is reflected in a separate decision to delist Pax Dollar (USDP) from all spot trading pairs on September 24 at 03:00 UTC. Binance states its asset reviews consider trading volume and liquidity, development activity, network stability, transparency, regulatory requirements, and tokenomics.
Recommendations for Traders
The September 18 margin action is a product-level adjustment rather than a blanket exit from the affected assets. Binance recommends that traders close positions or move assets from Margin Accounts to Spot Accounts before the deadline to avoid being caught during the automatic settlement process.
