The Binance Flexible Loan Platform announces that the delisting of the PEPE Memtoken will take place on June 21st. On that date, the exchange will forcibly close all outstanding lending positions.
Binance has officially notified users of the Flexible Loan lending platform that Pepecoin will be delisted in five days at 08:00 UTC sharp and strongly recommended that they pay off their loan orders before the specified date.
The platform team has warned that users may be charged a 2% commission in the event of forced liquidation of positions.
Binance representatives explained that at present, the Binance Flexible Loan platform only supports payouts in the cryptocurrency that the user has borrowed.
Earlier, analysts at the Eden Network reported that automated programs, so-called “sandwich bots”, have earned millions of dollars by bypassing lucrative orders to buy PEPE memcoins.
