🔔🔔🔔ATTENTION TRADERS AND INVESTORS 📣📣📣
THESE 5 COINS ARE TO BE DELISTED SOON ON BINANCE 😬😬😬
YOU ARE ADVISED TO WITHDRAW YOUR FUNDS OR CONVERT THEM TO STABLE COINS TO AVOID LOSES
Binance has announced that it will delist five cryptocurrencies: Gifto (GFT), IRISnet (IRIS), SelfKey (KEY), OAX (OAX), and Ren (REN) on December 10, 2024. This decision was made due to the tokens' non-compliance with industry standards, including poor liquidity and trading volumes .
As a result, the affected tokens have seen a significant price drop, with some experiencing a 40% decline in value . Binance has advised users to adjust their positions, cancel automated trades, and transfer their assets before the delisting to avoid losses.
Here are the key dates to keep in mind:
- November 27, 2024: Borrowing for the affected tokens in cross-margin and isolated-margin trades will be stopped.
- December 3, 2024: Arbitrage, loans, and futures positions will be closed.
- December 10, 2024: Trading pairs for the affected tokens will be removed.
- December 11, 2024: Deposits for the affected tokens will no longer be credited.
- December 12, 2024: Withdrawals for the affected tokens will be stopped.
- December 13, 2024: Remaining balances may be converted into stablecoins, although there is no guarantee .