[Digital Today reporter Yoonseo Lee] Binance will delist 12 margin trading pairs on Sept. 3 local time, including pairs related to Sui (SUI), Avalanche (AVAX) and Chainlink (LINK).

According to blockchain media outlet U.Today on Aug. 31, the move will remove major bitcoin-based margin trading pairs such as SUI/BTC, AVAX/BTC and LINK/BTC from the trading list.

The delisting targets 12 isolated margin trading pairs. They include SUI/BTC, AVAX/BTC, LINK/BTC, TNSR/USDC, SXT/USDC, TURTLE/USDC, AIXBT/USDC, BREV/USDC, USDE/USDC, WBETH/ETH, BFUSD/USDT and BNSOL/SOL. Of these, 5 pairs including TNSR/USDC, SXT/USDC, TURTLE/USDC, AIXBT/USDC and BREV/USDC will also be removed from cross margin.

Binance will stop borrowing for the affected isolated margin trading pairs from Sept. 1. On Sept. 3, it plans to close user positions, conduct automatic settlement and cancel all open orders. After the process is completed, the trading pairs will be removed from Binance's margin service. Users may also face restrictions on moving the affected assets into isolated margin accounts through manual and automatic transfer functions.

Binance recommended that users close positions or move assets from margin accounts to spot accounts before trading is halted. It said losses could occur because positions cannot be modified for about 3 hours while the delisting process is underway.

The measure applies only to the margin trading pairs in question. After the delisting, users can still trade the same assets through other trading pairs within Binance margin. Trading in individual cryptocurrencies such as SUI, AVAX and LINK will not be halted entirely.

Binance will also carry out a separate spot delisting on the same day. Based on a recent review, all spot trading pairs for 3 cryptocurrencies, including ICON (ICX), Secret (SCRT) and Storj (STORJ), will be removed from the trading list from Sept. 3. With margin and spot delistings taking place at the same time, users need to distinguish and check what applies to them. In particular, those using the affected margin trading pairs need to confirm in advance when borrowing will be halted and when positions will be forcibly closed, and adjust their trading routes.

The move is significant in that it jointly adjusts the operation of trading pairs in the margin and spot markets rather than focusing on any specific token itself. Binance presented specific details on when trading and borrowing will be halted and on the automatic settlement schedule, clarifying the steps for users to close out positions.