Binance will delist XNO, IQ, QUICK, and DGB from its margin lending and borrowing services.

CoinFeed reported on June 8th that Binance will remove XNO, IQ, QUICK, and DGB from its lending and staking lending services starting at 11:00 AM on June 12th. Outstanding orders using these tokens as collateral will be automatically liquidated and liquidated. From 6:00 PM on the same day, cross-margin and isolated-margin leveraged trading pairs will be delisted. During this period, users will be unable to update their positions or transfer the relevant tokens, and the leveraged assets in their unified accounts will be forcibly liquidated and converted to USDT. Binance advises users to proactively close their positions, transfer back to spot, and replenish their margin before the scheduled delisting time to mitigate the risk of passive liquidation.