Binance Futures has announced that it has postponed the delisting date of its USDⓈ-M OMGUSDT Perpetual Contract to January 31, 2025 at 12:00 PM.
According to the announcement, Binance will perform automatic reconciliations on the OMGUSDT Perpetual Contract before proceeding with its delisting.
Users are advised to manage their positions accordingly to avoid unexpected liquidations.
This marks an extension from the exchange’s initial timeline and gives investors additional time to adjust to the changes.
Binance did not specify the reasons for the delay but reiterated its commitment to rolling out updates and ensuring a smooth transition for its users.
As always, traders are encouraged to review their strategies and stay informed through Binance’s official communication channels.
What is OMG Coin?
OMG coin (OMG) is the native cryptocurrency of OMG Network, a decentralized finance (DeFi) platform that runs on the Ethereum blockchain. OMG Network is also a solution that aims to increase Ethereum’s transaction capacity and scalability.
*This is not investment advice.
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