diff --git a/docs/includes/pairlists.md b/docs/includes/pairlists.md
index 732dfa5bb..82e578484 100644
--- a/docs/includes/pairlists.md
+++ b/docs/includes/pairlists.md
@@ -10,6 +10,14 @@ If multiple Pairlist Handlers are used, they are chained and a combination of al
 
 Inactive markets are always removed from the resulting pairlist. Explicitly blacklisted pairs (those in the `pair_blacklist` configuration setting) are also always removed from the resulting pairlist.
 
+### Pair blacklist
+
+The pair blacklist (configured via `exchange.pair_blacklist` in the configuration) disallows certain pairs from trading.
+This can be as simple as excluding `DOGE/BTC` - which will remove exactly this pair.
+
+The pair-blacklist does also support wildcards (in regex-style) - so `BNB/.*` will exclude ALL pairs that start with BNB.
+You may also use something like `.*DOWN/BTC` or `.*UP/BTC` to exclude leveraged tokens (check Naming conventions for your exchange!)
+
 ### Available Pairlist Handlers
 
 * [`StaticPairList`](#static-pair-list) (default, if not configured differently)
diff --git a/freqtrade/plugins/pairlist/pairlist_helpers.py b/freqtrade/plugins/pairlist/pairlist_helpers.py
index 0a0812d6a..3352777f0 100644
--- a/freqtrade/plugins/pairlist/pairlist_helpers.py
+++ b/freqtrade/plugins/pairlist/pairlist_helpers.py
@@ -7,7 +7,7 @@ def expand_pairlist(wildcardpl: List[str], available_pairs: List[str]) -> List[s
     Expand pairlist potentially containing wildcards based on available markets.
     This will implicitly filter all pairs in the wildcard-list which are not in available_pairs.
     :param wildcardpl: List of Pairlists, which may contain regex
-    :param available_pairs: List of all available pairs, usually with `exchange.get_markets().keys()`
+    :param available_pairs: List of all available pairs (`exchange.get_markets().keys()`)
     :return expanded pairlist, with Regexes from wildcardpl applied to match all available pairs.
     :raises: ValueError if a wildcard is invalid (like '*/BTC' - which should be `.*/BTC`)
     """
diff --git a/freqtrade/plugins/pairlistmanager.py b/freqtrade/plugins/pairlistmanager.py
index a0b8c63bc..867c07736 100644
--- a/freqtrade/plugins/pairlistmanager.py
+++ b/freqtrade/plugins/pairlistmanager.py
@@ -1,7 +1,6 @@
 """
 PairList manager class
 """
-from freqtrade.plugins.pairlist.pairlist_helpers import expand_pairlist
 import logging
 from copy import deepcopy
 from typing import Any, Dict, List
@@ -11,6 +10,7 @@ from cachetools import TTLCache, cached
 from freqtrade.constants import ListPairsWithTimeframes
 from freqtrade.exceptions import OperationalException
 from freqtrade.plugins.pairlist.IPairList import IPairList
+from freqtrade.plugins.pairlist.pairlist_helpers import expand_pairlist
 from freqtrade.resolvers import PairListResolver