Binance to Cease XRPUP & XRPDOWN Trading and Subscription Services (2023-05-02) | Binance Support

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

At 2023-05-12 03:00 (UTC), Binance will cease trading and subscription of XRPUP/USDT and XRPDOWN/USDT leveraged token trading pairs. All trade orders will be automatically removed thereafter. 

The redemption service will be available until further notice. A separate announcement will be posted.

Notes: 

• Users are advised to trade their XRPUP and XRPDOWN leveraged tokens for other tokens prior to the scheduled cessation. If users are still holding XRPUP and XRPDOWN leveraged tokens after trading ceases, please redeem the tokens via the wallet function or the Leverage Tokens page.

• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-05-02

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Binance Leveraged Tokens (BLVT) are designed for short-term investments only. Long-term holding of BLVT is subject to additional downside risk. Note that BLVT is NOT a replacement for a margin-leveraged position and does not behave in the same way. Past performance is not a reliable predictor of future performance. Before purchasing BVLT, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.