Binance is eliminating leveraged trading pairs for various altcoins, affecting WAXP, SXP, and others. The delisting will take effect on December 4, 2025, impacting margin trading volume and potentially volatility in the market. Binance stated that the move prioritizes platform stability and risk management. This removal of cross-margin and isolated-margin pairs, such as WAXP/BTC and SXP/BTC, affects user positions without disrupting spot markets. Margin lending services related to these pairs will be suspended prior to the deadline. Affected altcoins might experience reduced trading volume due to this change. Binance acknowledges the potential short-term price volatility caused by the delisting but emphasizes that it is a prudent risk management measure.