The post Binance’s Decision To End Contracts May Affect Token Prices appeared first on Coinpedia Fintech News
Binance’s recent announcement of closing some contracts and changes in its future trading offerings have left traders with questions about a price retreat. Market players are evaluating the implications of Binance’s decision as Binance Futures is set to close its positions and have an automatic settlement, following which the contracts will be delisted. Tokens like IDEXUSDT have increased in price, while tokens like AUDIOUSDT have declined. Binance may also implement protective measures to reduce the risk in volatile market conditions.