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#BTCXmasOrDip? Take Measures As EU Dilist USDT on DEC 30 2024
1. CHECK YOUR HOLDINGS
a)check your binance USDT balance
b) choose another stable coin instead of USDT or other cryptocurrency available on binance .
c) Analysis the market trend

2.COMPLETE YOUR TRANSECTION ON TIME
a) Before the last date announce by binance complete all your USDT trade or transfer it to your personal wallet .

3. Understand DILIST EFFECT

a) DECREASE IN Liquidity
There will be Liquidity decrease because USDT is mostly used in cryptocurrency as it is very stable coin due to DILISTING liquidity in many trading pairs will be decrease
b) MARKET VOLATILITY
Traders will shift their holdings to other stable coin
c) ARBITRAGE OPPORTUNITY
If USDT trading on binance stop but still going on other platforms arbitrage opportunities will arise

d)LACK OF CONFIDIENCE
if USDT dilist then the confidence on USDT will be decrease and ratio of it's use will be low.$BTC