Dear BitMart Users,
In accordance with the request of the project teams and to optimize our platform operations, BitMart will adjust the spot margin borrowing services for the following tokens. The changes will be implemented in two phases:
Phase 1: Suspension of Margin Borrowing Services
Starting from 06:00 on May 22, 2025 (UTC), BitMart will suspend spot margin borrowing services for the following tokens:
SOLS, KEY, GFT, AZY, FITFI, MIR, ALT, DC, XETA
This suspension applies only to the borrowing function and will not affect users' current margin positions or ongoing trades. We advise users with active margin borrowing in these tokens to closely monitor their risk ratios, adjust trading strategies accordingly, and bear any associated market risks.
Please note: Spot trading of the above tokens on BitMart will remain unaffected.
Phase 2: Delisting of Margin Trading Pairs and Position Settlement
Starting from 06:00 on May 23, 2025 (UTC), BitMart will officially delist the isolated margin trading pairs for the above tokens and remove the corresponding borrowing pairs.
Details are as follows:
Forced closure and automatic settlement of isolated margin positions for SOLS, KEY, GFT, AZY, FITFI, MIR, ALT, DC, and XETA
- Automatic cancellation of all open orders on the affected margin trading pairs
- Permanent delisting of the above isolated margin trading pairs
- Any remaining assets in isolated margin accounts for the above tokens will be automatically transferred to users’ spot accounts
Risk Warning:
Digital assets are high-risk investment instruments, and margin trading carries even greater risk. While it may result in substantial gains, it can also lead to significant losses, including the potential loss of your entire margin account balance. Please evaluate your risk tolerance carefully before engaging in such trading, and proceed with caution. BitMart assumes no liability for any trading losses or actions made on the platform.
Thank you for your understanding and continued support.
BitMart Team
May 20, 2025
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