Binance has announced that it will remove BitTorrent (BTTC) and Powerledger (POWR) from its margin and loan offerings, effective August 14, 2026. The exchange confirmed the upcoming delisting in a recent update, urging users to adjust their positions ahead of the deadline to avoid automatic liquidation or settlement.

What the Delisting Means for Users

Starting from the specified date, Binance will halt borrowing and lending services for both BTTC and POWR across its margin and loan platforms. This move affects isolated and cross margin pairs, as well as flexible and fixed loan products that include these assets.

Users holding open loan positions in these tokens must repay them before the deadline. Failure to do so may result in automatic repayment using collateral or forced liquidation, depending on the type of account and risk parameters. Binance recommends closing positions and transferring funds to spot wallets to avoid any disruption.

Timeline and Key Dates

  • Delisting Date: August 14, 2026 – all margin and loan operations for BTTC and POWR will cease.
  • User Action Required: Settle or repay outstanding loans before this date.

Why Binance Is Removing These Tokens

Binance regularly reviews its listed assets to ensure they meet evolving standards for compliance, liquidity, and market demand. While the exchange did not specify a single reason, such delistings often occur when a token's trading volume drops significantly or when regulatory considerations arise.

For BTTC and POWR, recent market activity may have fallen below Binance's thresholds. This is not the first time Binance has pruned margin and loan options; the exchange has a history of adjusting its product lineup to maintain a healthy risk environment for users.

Impact on Spot Trading

It's important to note that the delisting applies only to margin and loan products. Spot trading pairs for BTTC and POWR on Binance are not affected by this announcement, meaning users can still buy and sell these tokens in the spot market. However, liquidity could shift as leveraged traders close out positions.

How to Prepare for the Delisting

If you currently hold BTTC or POWR in margin accounts or have outstanding loans, here are the steps Binance advises:

  • Log in to your Binance account and review your margin and loan positions.
  • Repay any borrowed assets before August 14, 2026.
  • Transfer remaining tokens to your spot wallet to maintain access.
  • Consider adjusting trading strategies that rely on leveraged exposure to these assets.

Binance will also disable new borrowing for BTTC and POWR immediately, so no new positions can be opened. Users should monitor official announcements for any updates or changes to the schedule.

Key Takeaways

Binance's decision to delist BTTC and POWR from margin and loan services is a significant operational change for traders who use leverage. The move underscores the importance of staying informed about exchange policies and managing risk proactively.

While spot trading remains available, the removal of leveraged options could reduce market depth for these tokens. If you're affected, act now to settle positions and avoid automatic liquidation. As always, keep an eye on Binance's official channels for further details.