According to the announcement from Binance, the platform will delist and cease trading on all margin trading pairs for FC Barcelona Fan Token (BAR), PIVX (PIVX), and Verge (XVG) on 2026-04-17 at 06:00 (UTC). This decision affects both cross margin and isolated margin trading pairs for these tokens. Users are advised to repay any outstanding loans before the automatic closure to avoid potential losses. The delisting schedule may vary depending on the association of these tokens with other products.
Loan services will also be impacted. At the specified time, Flexible Loan will close all outstanding loan positions for these tokens as loanable and collateral tokens. Similarly, VIP Loan will close positions for these tokens as collateral. Users are encouraged to manage their loans proactively to prevent automatic closures.
For margin trading, Binance Margin will suspend borrowings on cross margin and isolated margin pairs for these tokens starting 2026-04-14 at 06:00 (UTC). At the Margin Scheduled Delisting Time, positions will be closed, automatic settlements conducted, and pending orders canceled. Users holding both collateral and liabilities of these tokens on cross margin will have their collateral used to repay liabilities. If collateral remains, it will be sold, and if liabilities remain, other collateral tokens will be sold to repay them.
Portfolio Margin users should note that any remaining tokens in their accounts after the delisting will be automatically liquidated and sold for USDT. Users are advised to transfer these tokens to their Spot Accounts and monitor their Unified Maintenance Margin Ratio closely to avoid liquidation. Binance emphasizes the importance of managing positions and assets before the delisting to mitigate risks.