Binance’s announcement on July 10 will see the TST and IOTX tokens removed from its margin and loan services, meaning that traders can no longer borrow funds to trade these pairs on the platform. For anyone holding a leveraged position in either token, the exchange will automatically liquidate the position at 10:00 UTC on the specified date. This is a standard procedure when a token is delisted from margin, but it can trigger rapid losses if the market moves against the trader before the liquidation occurs.
The decision comes amid Binance’s broader effort to streamline its margin offerings. While the platform remains a major venue for leveraged trading, it has been tightening the list of eligible tokens, likely in response to regulatory scrutiny and liquidity concerns. Retail traders should therefore keep an eye on future announcements, as other tokens could face similar restrictions.
At the time of the announcement, Bitcoin was trading around $63,163, up modestly, and Ethereum hovered near $1,774. The fear‑greed index sits at 27, indicating a cautious market mood. In such a low‑volatility environment, the impact of a delisting is less likely to trigger dramatic price swings, but the risk of forced liquidation remains high for those still exposed to the affected tokens. Traders should review their positions, consider closing or moving them to a different platform, and stay alert for any further changes to Binance’s margin policies.