Binance has introduced a delay within the itemizing of Binance Staked SOL (BNSOL) on its margin buying and selling platform, which was beforehand scheduled for October 14, 2024 at 11:00 AM ET.
Binance Postpones BNSOL Listings on Margin Buying and selling Platforms
The trade stated that the provision of BNSOL as eligible collateral on Cross Margin can be postponed till additional discover. No particular motive was given for the change, and Binance didn’t announce a brand new launch date.
In the meantime, the BNSOL/SOL buying and selling pair on Remoted Margin will go dwell at 14:30 on October 14, however three and a half hours later than initially deliberate.
Staking belongings like Binance’s BNSOL supply customers the power to earn staking rewards whereas sustaining liquidity. Nonetheless, sudden changes to listings may influence merchants planning to make use of these belongings for leveraged buying and selling.
The trade suggested customers to remain up to date by its official channels for additional bulletins relating to the brand new Cross Margin launch timeline.
*This isn’t funding recommendation.
