According to the announcement from Binance, the platform will delist certain margin trading pairs on May 29, 2026, at 06:00 (UTC). The affected pairs include COW/USDC and SKL/USDC for cross margin trading, and COW/USDC for isolated margin trading. Effective immediately, users are unable to transfer assets of these pairs via manual transfers or Auto-Transfer Mode into their Isolated Margin accounts. Users with outstanding liabilities in these tokens can only manually transfer up to the amount of their liabilities, minus any collateral already available.
On May 26, 2026, at 06:00 (UTC), Binance Margin will suspend isolated margin borrowing for these pairs. By May 29, 2026, at 06:00 (UTC), Binance Margin will close users’ positions, conduct automatic settlements, and cancel all pending orders for the affected cross and isolated margin pairs. These pairs will then be removed from Binance Margin. Users can continue trading these assets through other available trading pairs on Binance Margin. It is important to note that users will not be able to update their positions during the delisting process, which may take approximately three hours. Users are strongly advised to close their positions or transfer their assets from Margin Accounts to Spot Accounts before the cessation of Margin trading on May 29, 2026, at 06:00 (UTC). Binance will not be responsible for any potential losses incurred during this process.