Binance to Liquidate and Delist BSWUSDT Perpetual Contract on September 15
Bitget will suspend BSWUSDT futures positions on September 15 and fully terminate all related services by September 16, 2025, urging users to close positions in advance.
Fact Check
Multiple official announcements from Binance's own support and news platforms (Sources 1, 2, 3, 9, 10) explicitly state that Binance Futures will delist the USDS-M BSWUSDT Perpetual Contract and conduct an automatic settlement (liquidation) on September 15, 2025. The evidence is direct, authoritative, and corroborated across numerous sources.
Summary
Bitget has announced the delisting of BSWUSDT futures and associated services on September 16, 2025. New futures positions will be suspended from September 15, 2025, and all open positions must be closed by the delisting time. Futures trading bots and unified trading accounts will also be impacted, with all related orders canceled.
Terms & Concepts
- Futures Trading: A type of financial contract where buyers and sellers agree to exchange an asset at a predetermined price and date in the future.
- Unified Trading Account: An account that allows users to trade multiple types of assets or derivatives on a single platform, simplifying portfolio management.