for December 10, 2024. Here’s a concise breakdown of the key points and implications for users:
Affected Cryptocurrencies
Gifto (GFT)
IRISnet (IRIS)
SelfKey (KEY)
OAX (OAX)
Ren (REN)
Key Dates
December 10, 2024 (03:00 UTC): Trading pairs removed.
December 11, 2024 (03:00 UTC): Deposits no longer supported.
February 12, 2025 (03:00 UTC): Withdrawals fully disabled.
User Impact
1. Open Orders: Automatically canceled upon delisting.
2. Deposits/Withdrawals: Stop before specified deadlines.
3. Trading Options: Reduced; consider transferring or converting assets.
Next Steps for Users
1. Withdraw or Convert Holdings: Transfer to external wallets or trade for active cryptocurrencies.
2. Research Alternatives: Look for other exchanges or decentralized platforms supporting these assets.
3. Act Promptly: Avoid complications by meeting deadlines.
Why Binance is Delisting These Coins
Low trading volume.
Lack of development activity.
Failure to meet Binance’s listing standards.
Bigger Picture
This reflects Binance’s strategy to maintain a focused and efficient platform by delisting underperforming assets. While inconvenient for holders, it reinforces the importance of actively managing crypto portfolios in a fast-paced market.
If you hold any of these coins on Binance
, ensure you take timely action to protect your investments.#Write2Earn! #MuskXPayments #MuskXPayments #BinanceHODLerTHE #BNBChainMeme #MuskXPayments
