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What is this? Are we losing future trading?

RE: Important notice - closure of your futures, options, and leveraged tokens positions by 23rd December 2021

Dear User, 

 

Effective from 24th September 2021 9:00 AM (UTC), you will have 90 days to reduce and close any existing positions you may have in the following products:

 

Futures

Options

Leveraged Tokens

 

You will be able to top-up your margin balance to prevent margin calls and liquidations, but you will not be able to increase your positions or open new ones. 

 

Please monitor any open positions you have and close them before 23rd December 2021, 11:59 PM (UTC). Thereafter you will no longer be able to manually close the positions and Binance will close any remaining open positions.

We aim to make this transition as straight-forward as possible. For more information, please see this announcement.

 

Thank you,

Binance

NOTE: Binance.com is not currently licensed or authorised by ASIC to provide financial services in derivatives or to operate a financial market to Australian residents. You may have legal rights, including under Australian legislation, in relation to the products obtained from Binance.com. You should seek legal advice if you have any concerns about your rights.

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