Binance to Delist WAN from Margin Trading

According to the announcement from Binance, the platform will delist WAN as a borrowable asset from both Cross Margin and Isolated Margin pairs on 2026-04-10 at 06:00 (UTC). The affected trading pair is WAN/USDT for both Cross and Isolated Margin. Effective immediately, users will no longer be able to transfer WAN via manual transfers or Auto-Transfer Mode into their Margin Accounts. Users with outstanding liabilities of WAN may only transfer up to the amount of their liabilities, minus any available collateral. On 2026-04-08 at 06:00 (UTC), Binance Margin will suspend borrowings on WAN for both Cross and Isolated Margin pairs. Subsequently, on 2026-04-10 at 06:00 (UTC), Binance will close users’ positions, conduct automatic settlements, and cancel all pending orders on the isolated margin pair, which will then be removed. If users hold both collateral and liabilities of WAN on cross margin, the collateral will be used to repay the respective liabilities. Depending on the Collateral Margin Level (CML), remaining WAN tokens may be transferred to Spot Accounts or fully sold. For users holding WAN as liabilities, if the CML is below 2, all pending orders will be canceled, and other collateral tokens will be sold to repay WAN liabilities. Users are advised to close positions and transfer assets to Spot Accounts before the delisting to avoid potential losses. Portfolio Margin users should transfer WAN out of Margin Accounts to Spot Accounts and monitor the Unified Maintenance Margin Ratio (uniMMR) to prevent liquidation. Any remaining WAN in Portfolio Margin Accounts after 2026-04-10 at 06:00 (UTC) will be liquidated and converted to USDT or other supported stablecoins.