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bitget
bitget|Nov 27, 2025 04:04
**[Announcement on Suspension of Certain Margin and Lending Functions for Bitget Unified Accounts]** To mitigate market risks and provide users with a better trading experience, Bitget Unified Accounts will remove margin and lending functions for the following tokens starting December 1, 2025, at 18:00 (UTC+8): FARTCOIN, X, BSV Details are as follows: - Lending for the relevant tokens has been closed. - The deposit function for the relevant tokens will be disabled on November 27, 2025, at 18:00 (UTC+8). - System liquidation and closure of margin functions. - Unfilled leveraged orders for the relevant trading pairs will be automatically canceled on December 1, 2025, at 18:00 (UTC+8). - It is strongly recommended to repay any outstanding debts related to the relevant tokens before December 1, 2025, at 18:00 (UTC+8). Failure to do so will trigger system liquidation, which may result in potential asset losses. Bitget will disable the margin function for the relevant tokens in Unified Accounts on December 1, 2025, at 12:00 (UTC+8). At that time, the margin discount rate for the relevant tokens will gradually be adjusted to 0. Additionally, the relevant trading pairs will simultaneously cease to be eligible as collateral assets for institutional lending. Institutional lending (Unified Account) users are advised to closely monitor changes in account assets and calculate their LTV (Loan-to-Value ratio) in advance to prevent an increase in LTV due to the invalidation of collateral assets, which could heighten liquidation risks. Please adjust your positions and collateral assets promptly to ensure account security. **Risk Warning:** During the delisting process for token margin functions, we will gradually reduce the discount rate to 0. During this period, the maintenance margin rate for positions using these tokens as margin may increase. To prevent forced liquidation caused by adjustments, users are advised to manage risks promptly through methods such as closing positions, reducing positions, or adding margin. Thank you for your support and understanding!
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