DelistingNotice
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Despite the challenges posed by USDT’s delisting, the market offers several viable alternatives:
$USDC : Operated by Circle, USDC is considered more transparent and compliant with regulatory standards, making it a strong contender to replace USDT in the EU market.
DAI : A decentralized stablecoin backed by overcollateralized assets, DAI provides a non-centralized option for traders.
EUROC: Circle’s euro-pegged stablecoin aligns closely with EU regulations and could gain traction as a regional replacement.
#USDT #DelistingNotice
$USDC : Operated by Circle, USDC is considered more transparent and compliant with regulatory standards, making it a strong contender to replace USDT in the EU market.
DAI : A decentralized stablecoin backed by overcollateralized assets, DAI provides a non-centralized option for traders.
EUROC: Circle’s euro-pegged stablecoin aligns closely with EU regulations and could gain traction as a regional replacement.
#USDT #DelistingNotice
The USDT Delisting in European Countries: Market Impact and Alternatives
As the European Union (EU) ushers in the new Markets in Crypto-Assets MiCA regulatory framework, significant changes are on the horizon for stablecoins and the cryptocurrency market. One of the most notable developments is the impending delisting of Tether’s USDT from platforms operating within the EU. This move stems from USDT’s inability to meet MiCA’s stringent compliance requirements.
Here, we explore the reasons behind this delisting, its potential impact on the market, and the alternatives available to USDT holders.
1. Why is USDT Being Delisted?
The MiCA framework introduces rigorous standards for stablecoins to ensure financial stability, transparency, and investor protection. Key requirements include:
Licensing: Stablecoin issuers must secure an e-money license to operate within the EU.Reserves and Transparency: Issuers must maintain adequate reserves and undergo regular audits to prove the stability of their assets.
Tether, the issuer of USDT, has faced criticism for a lack of transparency regarding its reserves and has yet to obtain the necessary licensing under MiCA regulations.
Consequently, exchanges operating in the EU are mandated to delist USDT by December 30, 2024, to avoid regulatory non-compliance.
2. Market Impact of the USDT Delisting
The removal of USDT from European exchanges is expected to have several repercussions:
Liquidity Concerns:
USDT is one of the most widely used stablecoins in the crypto market. Its delisting could lead to reduced liquidity, affecting trading volumes and price stability for other cryptocurrencies.
Increased Volatility:
With fewer stablecoin options, traders might face challenges in hedging against market volatility, potentially increasing price swings across various assets.
Market Fragmentation:
The absence of USDT could fragment the market as traders turn to alternative stablecoins, complicating cross-border transactions and increasing inefficiencies.
Competitive Pressure:
The EU’s strict regulatory environment may deter innovation and investment in its crypto sector, especially when compared to jurisdictions with more lenient policies.
3. Alternatives and Replacements for USDT
Despite the challenges posed by USDT’s delisting, the market offers several viable alternatives:
Other Stablecoins:
USDC ($USDC ): Operated by Circle, USDC is considered more transparent and compliant with regulatory standards, making it a strong contender to replace USDT in the EU market.DAI: A decentralized stablecoin backed by overcollateralized assets, DAI provides a non-centralized option for traders.EUROC: Circle’s euro-pegged stablecoin aligns closely with EU regulations and could gain traction as a regional replacement.
Native Fiat Options:
Traders may opt to hold and transact in fiat currencies directly, bypassing the need for stablecoins altogether. However, this could reduce the convenience and efficiency that stablecoins provide.
4. Support and Transition for USDT Holders
While Tether has not yet announced a specific pardon or compensation for USDT holders affected by the delisting, the following measures could ease the transition:
Exchange Support:
Many exchanges may offer automatic conversions of USDT to other stablecoins, ensuring minimal disruption for users.
Bridges and Swaps:
Decentralized platforms could provide swapping services to facilitate the migration of funds from USDT to compliant alternatives.
Issuer Initiatives:
Tether might introduce a MiCA-compliant version of USDT or develop a euro-backed stablecoin to maintain its presence in the EU market.
Conclusion
The delisting of USDT in European countries marks a significant shift in the region’s cryptocurrency landscape. While the move aims to enhance transparency and investor protection, it also poses challenges such as reduced liquidity and market fragmentation.
However, with robust alternatives like USDC and DAI, and the potential for new innovations, the crypto community has opportunities to adapt and thrive in this evolving regulatory environment. For USDT holders, proactive measures and support from exchanges and issuers will be crucial in navigating this transition.
#BinanceAlphaAlert #BinanceNews #USDT
Here, we explore the reasons behind this delisting, its potential impact on the market, and the alternatives available to USDT holders.
1. Why is USDT Being Delisted?
The MiCA framework introduces rigorous standards for stablecoins to ensure financial stability, transparency, and investor protection. Key requirements include:
Licensing: Stablecoin issuers must secure an e-money license to operate within the EU.Reserves and Transparency: Issuers must maintain adequate reserves and undergo regular audits to prove the stability of their assets.
Tether, the issuer of USDT, has faced criticism for a lack of transparency regarding its reserves and has yet to obtain the necessary licensing under MiCA regulations.
Consequently, exchanges operating in the EU are mandated to delist USDT by December 30, 2024, to avoid regulatory non-compliance.
2. Market Impact of the USDT Delisting
The removal of USDT from European exchanges is expected to have several repercussions:
Liquidity Concerns:
USDT is one of the most widely used stablecoins in the crypto market. Its delisting could lead to reduced liquidity, affecting trading volumes and price stability for other cryptocurrencies.
Increased Volatility:
With fewer stablecoin options, traders might face challenges in hedging against market volatility, potentially increasing price swings across various assets.
Market Fragmentation:
The absence of USDT could fragment the market as traders turn to alternative stablecoins, complicating cross-border transactions and increasing inefficiencies.
Competitive Pressure:
The EU’s strict regulatory environment may deter innovation and investment in its crypto sector, especially when compared to jurisdictions with more lenient policies.
3. Alternatives and Replacements for USDT
Despite the challenges posed by USDT’s delisting, the market offers several viable alternatives:
Other Stablecoins:
USDC ($USDC ): Operated by Circle, USDC is considered more transparent and compliant with regulatory standards, making it a strong contender to replace USDT in the EU market.DAI: A decentralized stablecoin backed by overcollateralized assets, DAI provides a non-centralized option for traders.EUROC: Circle’s euro-pegged stablecoin aligns closely with EU regulations and could gain traction as a regional replacement.
Native Fiat Options:
Traders may opt to hold and transact in fiat currencies directly, bypassing the need for stablecoins altogether. However, this could reduce the convenience and efficiency that stablecoins provide.
4. Support and Transition for USDT Holders
While Tether has not yet announced a specific pardon or compensation for USDT holders affected by the delisting, the following measures could ease the transition:
Exchange Support:
Many exchanges may offer automatic conversions of USDT to other stablecoins, ensuring minimal disruption for users.
Bridges and Swaps:
Decentralized platforms could provide swapping services to facilitate the migration of funds from USDT to compliant alternatives.
Issuer Initiatives:
Tether might introduce a MiCA-compliant version of USDT or develop a euro-backed stablecoin to maintain its presence in the EU market.
Conclusion
The delisting of USDT in European countries marks a significant shift in the region’s cryptocurrency landscape. While the move aims to enhance transparency and investor protection, it also poses challenges such as reduced liquidity and market fragmentation.
However, with robust alternatives like USDC and DAI, and the potential for new innovations, the crypto community has opportunities to adapt and thrive in this evolving regulatory environment. For USDT holders, proactive measures and support from exchanges and issuers will be crucial in navigating this transition.
#BinanceAlphaAlert #BinanceNews #USDT
Shit @Binance Square Official @Binance Customer Support @Binance CIS
"2022.5 Sins $GMT Bearishing. please Delist this Coin "
#DelistingAlert #DelistingNotice #DelistingDrama #DelistingUpdate #Binance
"2022.5 Sins $GMT Bearishing. please Delist this Coin "
#DelistingAlert #DelistingNotice #DelistingDrama #DelistingUpdate #Binance
See original
I live in Europe, if tomorrow they delist #USDT. what should I do with all my cryptos that only have USDT as exchange? For example $REI #BinanceBlog #DelistingNotice
wadlaoo:
If you are afraid#usdtconvert your coins to#fdusdthen buy your favorite coins with the same currency
why???#fdusdfrom binance and commission-free trading
🚨🚨$USDT 🦅⚠️🚨
#DelistingNotice
The delisting of USDT from exchanges is primarily driven by the European Union's Markets in Crypto-Assets (#MiCARegulation ) which set stringent requirements for stablecoins. As of December 30, 2024, exchanges must delist USDT unless Tether, the issuer, meets the MiCA standards.
⚠️Non-Compliance➡️USDT currently doesn't meet MiCA's requirements for transparency, asset backing, and regulatory reporting.
⚠️Regulatory Deadline➡️ Exchanges face pressure to delist non-compliant tokens before the December 30 deadline to avoid penalties.
This move may lead to liquidity concerns, as USDT is widely used in trading pairs and cross-border transactions. However, some exchanges are offering alternative stablecoins, such as USDC, which is already MiCA-compliant.
Tether is working on #MiCA -compliant alternatives, but the exact timeline for their release is unclear. In the meantime, users can exchange their USDT for USDC on some exchanges or wait for the automatic exchange on December 30, 2024.
#DelistingNotice
The delisting of USDT from exchanges is primarily driven by the European Union's Markets in Crypto-Assets (#MiCARegulation ) which set stringent requirements for stablecoins. As of December 30, 2024, exchanges must delist USDT unless Tether, the issuer, meets the MiCA standards.
⚠️Non-Compliance➡️USDT currently doesn't meet MiCA's requirements for transparency, asset backing, and regulatory reporting.
⚠️Regulatory Deadline➡️ Exchanges face pressure to delist non-compliant tokens before the December 30 deadline to avoid penalties.
This move may lead to liquidity concerns, as USDT is widely used in trading pairs and cross-border transactions. However, some exchanges are offering alternative stablecoins, such as USDC, which is already MiCA-compliant.
Tether is working on #MiCA -compliant alternatives, but the exact timeline for their release is unclear. In the meantime, users can exchange their USDT for USDC on some exchanges or wait for the automatic exchange on December 30, 2024.
KEN87:
Will coins purchased with Usdt be affected?
EminT :
this is a post, not a official explanation
🚨 BINANCE DELISTING ALERT: ACT NOW! 🚨
📊 Urgent Notice:
🔍 What to Do Next:
To protect your assets, follow these steps:
1. 📊 _Withdraw Your Tokens_: Withdraw your $AKRO, $BLZ, and $WRX tokens from Binance before December 25, 2024.
2. 📈 _Trade or Sell_: Trade or sell your tokens on other supported exchanges or platforms before the delisting date.
3. 📊 _Consider Alternative Exchanges_: Research and consider transferring your tokens to alternative exchanges that support these tokens.
4. 🚫 _Avoid Last-Minute Rush_: Avoid waiting until the last minute to withdraw or trade your tokens, as this may lead to delays or losses.
Binance has announced the delisting of three tokens, effective December 25, 2024:
1. 📊 _$AKRO_ (Akropolis)
2. 📊 _$BLZ_ (Bluzelle)
3. 📊 _$WRX_ (WazirX)
📊 Additional Tips:
1. 📊 _Check for Alternative Listings_: Verify if the tokens will be listed on other exchanges after the delisting from Binance.
2. 📈 _Monitor Market Developments_: Keep an eye on market developments and be prepared for any unexpected price movements.
3. 📊 _Secure Your Assets_: Ensure your assets are secure by using strong passwords, 2FA, and storing your tokens in a safe wallet.
🔥 Conclusion:
Act now to protect your assets and avoid potential losses. Withdraw, trade, or sell your $AKRO, $BLZ, and WRX tokens before the delisting date. Stay informed and be prepared for any market developments.
$AKRO
$BLZ
#DelistingNotice #BTCNewATH #PENGUOpening #Write2Earn!
📊 Urgent Notice:
🔍 What to Do Next:
To protect your assets, follow these steps:
1. 📊 _Withdraw Your Tokens_: Withdraw your $AKRO, $BLZ, and $WRX tokens from Binance before December 25, 2024.
2. 📈 _Trade or Sell_: Trade or sell your tokens on other supported exchanges or platforms before the delisting date.
3. 📊 _Consider Alternative Exchanges_: Research and consider transferring your tokens to alternative exchanges that support these tokens.
4. 🚫 _Avoid Last-Minute Rush_: Avoid waiting until the last minute to withdraw or trade your tokens, as this may lead to delays or losses.
Binance has announced the delisting of three tokens, effective December 25, 2024:
1. 📊 _$AKRO_ (Akropolis)
2. 📊 _$BLZ_ (Bluzelle)
3. 📊 _$WRX_ (WazirX)
📊 Additional Tips:
1. 📊 _Check for Alternative Listings_: Verify if the tokens will be listed on other exchanges after the delisting from Binance.
2. 📈 _Monitor Market Developments_: Keep an eye on market developments and be prepared for any unexpected price movements.
3. 📊 _Secure Your Assets_: Ensure your assets are secure by using strong passwords, 2FA, and storing your tokens in a safe wallet.
🔥 Conclusion:
Act now to protect your assets and avoid potential losses. Withdraw, trade, or sell your $AKRO, $BLZ, and WRX tokens before the delisting date. Stay informed and be prepared for any market developments.
$AKRO
$BLZ
#DelistingNotice #BTCNewATH #PENGUOpening #Write2Earn!
NOTICE !!!
Binance will be delisting three coins trading pairs on 13th December 2024
The coins trading pairs being delisted are $DCR $PEPE and $ZEN .. only the following pairs are being delisted , not the coins.
The trading pairs being delisted are DCR\BTC , PEPE\TUSD , ZEN\ETH
If you are trading through any of the above pairs then take action now.
#DelistingNotice #TradingShot
Binance will be delisting three coins trading pairs on 13th December 2024
The coins trading pairs being delisted are $DCR $PEPE and $ZEN .. only the following pairs are being delisted , not the coins.
The trading pairs being delisted are DCR\BTC , PEPE\TUSD , ZEN\ETH
If you are trading through any of the above pairs then take action now.
#DelistingNotice #TradingShot
🚨💥 Binance Delists Five Cryptocurrencies: What You Need to Know 🚨💥
🔷 In a recent announcement, Binance, one of the world’s largest cryptocurrency exchanges, revealed that it will be delisting five cryptocurrencies from its platform. This move is set to take effect on December 10th, 2024, at 03:00 UTC. The coins affected by this delisting are Gifto (GFT), IRISnet (IRIS), SelfKey (KEY), OAX (OAX), and Ren (REN).
Here’s a breakdown of the delisting process and its impact on traders and holders of these cryptocurrencies.
🔶 Delisting Details: Which Coins Are Affected?
As part of its routine platform maintenance and commitment to supporting only high-quality and active projects, Binance has decided to remove trading pairs associated with five cryptocurrencies. The coins set to be delisted include:
Gifto (GFT)IRISnet (IRIS)SelfKey (KEY)OAX (OAX)Ren (REN)
The specific trading pairs affected will be:
GFT/USDTIRIS/BTCIRIS/USDTKEY/USDTOAX/BTCOAX/USDTREN/BTCREN/USDT
As of the delisting date, users will no longer be able to trade these pairs on Binance.
🔶 Key Dates to Remember
Binance has set clear dates for the suspension of various activities related to the delisting. Here’s a timeline of key events:
December 10, 2024 (03:00 UTC) – The aforementioned trading pairs will be removed from the platform.December 11, 2024 (03:00 UTC) – Deposits of the five delisted cryptocurrencies will no longer be supported on Binance.February 12, 2025 (03:00 UTC) – Withdrawals of the affected cryptocurrencies will be fully suspended.
Users holding these assets are advised to act promptly to transfer or convert their holdings before the deadlines.
🔶 What Does This Mean for Users?
1. Suspension of Deposits and Withdrawals
As the delisting date approaches, Binance will first stop supporting deposits for the affected coins on December 11, 2024. This means that users will not be able to send these coins to Binance after that date. Therefore, if you hold any of these cryptocurrencies on Binance, it’s crucial to withdraw or convert them into another asset before the deposit suspension takes effect.
2. Automatic Deactivation of Orders
Once the delisting happens on December 10th, any open orders related to the affected trading pairs will automatically be canceled. This includes limit and market orders for GFT/USDT, IRIS/BTC, IRIS/USDT, KEY/USDT, OAX/BTC, OAX/USDT, REN/BTC, and REN/USDT. Therefore, users should be prepared to manage their open orders before the cutoff date.
3. Impact on Cycle Transactions
Both KEY (SelfKey) and REN (Ren Protocol) will be removed from Binance’s cycle transactions. This means these assets will no longer be available for automated periodic purchases, which could impact users who rely on the feature for regular investments.
🔶 Why Is Binance Delisting These Cryptocurrencies?
The reasons behind delistings can vary, but they typically involve factors like low trading volume, lack of development, or failure to meet Binance’s internal listing standards. Binance has emphasized its commitment to maintaining a healthy trading environment by periodically removing coins that no longer meet its criteria for liquidity, user demand, or security.
This move is part of Binance’s ongoing effort to ensure the platform remains efficient and focused on the most promising assets in the crypto market. While Binance did not provide specific reasons for each individual cryptocurrency’s delisting, these actions are aligned with the exchange’s history of keeping its platform clean and sustainable for users.
🔶 What Should Users Do Next?
If you are holding any of the affected cryptocurrencies on Binance, it’s essential to act quickly. Here are some recommended steps:
Withdraw or Convert Your Coins: If you want to retain access to your holdings, it’s best to either withdraw them to an external wallet or convert them into another cryptocurrency or stablecoin before the deposit suspension on December 11th.Monitor Withdrawal Deadlines: Be aware of the final withdrawal deadline, February 12, 2025. After this date, you will no longer be able to withdraw the delisted coins from Binance.Check for Alternative Exchanges: If you still wish to hold any of these coins, research other exchanges or decentralized platforms that might continue supporting them. Make sure to transfer your assets well ahead of Binance’s suspension dates.
🔶 The Bigger Picture: Binance’s Delisting Strategy
Binance’s decision to delist these five cryptocurrencies highlights the dynamic nature of the crypto industry. Cryptocurrencies that were once highly popular can fall out of favor due to various reasons such as low project activity or shifts in market interest. As Binance continues to refine its listing standards, it’s clear that users need to stay proactive in managing their portfolios on exchanges, especially in such a fast-moving market.
The delisting process may seem inconvenient, but it’s a reminder of the volatility and the rapid changes in the cryptocurrency ecosystem. For users, it’s important to remain informed about such announcements and always have a backup plan for their holdings.
🔶 Conclusion: Take Action Before It’s Too Late
Binance’s delisting of Gifto (GFT), IRISnet (IRIS), SelfKey (KEY), OAX (OAX), and Ren (REN) is a significant move, but it also offers users a chance to review their portfolios and make informed decisions. To avoid any disruptions, users should act swiftly by withdrawing or converting their affected coins before the delisting process is finalized. As the crypto space continues to evolve, it’s important for traders and investors to stay on top of exchange updates and make timely decisions to safeguard their assets.
#DelistingNotice #BTCWatchZone #GameFiOnTheRise
Here’s a breakdown of the delisting process and its impact on traders and holders of these cryptocurrencies.
🔶 Delisting Details: Which Coins Are Affected?
As part of its routine platform maintenance and commitment to supporting only high-quality and active projects, Binance has decided to remove trading pairs associated with five cryptocurrencies. The coins set to be delisted include:
Gifto (GFT)IRISnet (IRIS)SelfKey (KEY)OAX (OAX)Ren (REN)
The specific trading pairs affected will be:
GFT/USDTIRIS/BTCIRIS/USDTKEY/USDTOAX/BTCOAX/USDTREN/BTCREN/USDT
As of the delisting date, users will no longer be able to trade these pairs on Binance.
🔶 Key Dates to Remember
Binance has set clear dates for the suspension of various activities related to the delisting. Here’s a timeline of key events:
December 10, 2024 (03:00 UTC) – The aforementioned trading pairs will be removed from the platform.December 11, 2024 (03:00 UTC) – Deposits of the five delisted cryptocurrencies will no longer be supported on Binance.February 12, 2025 (03:00 UTC) – Withdrawals of the affected cryptocurrencies will be fully suspended.
Users holding these assets are advised to act promptly to transfer or convert their holdings before the deadlines.
🔶 What Does This Mean for Users?
1. Suspension of Deposits and Withdrawals
As the delisting date approaches, Binance will first stop supporting deposits for the affected coins on December 11, 2024. This means that users will not be able to send these coins to Binance after that date. Therefore, if you hold any of these cryptocurrencies on Binance, it’s crucial to withdraw or convert them into another asset before the deposit suspension takes effect.
2. Automatic Deactivation of Orders
Once the delisting happens on December 10th, any open orders related to the affected trading pairs will automatically be canceled. This includes limit and market orders for GFT/USDT, IRIS/BTC, IRIS/USDT, KEY/USDT, OAX/BTC, OAX/USDT, REN/BTC, and REN/USDT. Therefore, users should be prepared to manage their open orders before the cutoff date.
3. Impact on Cycle Transactions
Both KEY (SelfKey) and REN (Ren Protocol) will be removed from Binance’s cycle transactions. This means these assets will no longer be available for automated periodic purchases, which could impact users who rely on the feature for regular investments.
🔶 Why Is Binance Delisting These Cryptocurrencies?
The reasons behind delistings can vary, but they typically involve factors like low trading volume, lack of development, or failure to meet Binance’s internal listing standards. Binance has emphasized its commitment to maintaining a healthy trading environment by periodically removing coins that no longer meet its criteria for liquidity, user demand, or security.
This move is part of Binance’s ongoing effort to ensure the platform remains efficient and focused on the most promising assets in the crypto market. While Binance did not provide specific reasons for each individual cryptocurrency’s delisting, these actions are aligned with the exchange’s history of keeping its platform clean and sustainable for users.
🔶 What Should Users Do Next?
If you are holding any of the affected cryptocurrencies on Binance, it’s essential to act quickly. Here are some recommended steps:
Withdraw or Convert Your Coins: If you want to retain access to your holdings, it’s best to either withdraw them to an external wallet or convert them into another cryptocurrency or stablecoin before the deposit suspension on December 11th.Monitor Withdrawal Deadlines: Be aware of the final withdrawal deadline, February 12, 2025. After this date, you will no longer be able to withdraw the delisted coins from Binance.Check for Alternative Exchanges: If you still wish to hold any of these coins, research other exchanges or decentralized platforms that might continue supporting them. Make sure to transfer your assets well ahead of Binance’s suspension dates.
🔶 The Bigger Picture: Binance’s Delisting Strategy
Binance’s decision to delist these five cryptocurrencies highlights the dynamic nature of the crypto industry. Cryptocurrencies that were once highly popular can fall out of favor due to various reasons such as low project activity or shifts in market interest. As Binance continues to refine its listing standards, it’s clear that users need to stay proactive in managing their portfolios on exchanges, especially in such a fast-moving market.
The delisting process may seem inconvenient, but it’s a reminder of the volatility and the rapid changes in the cryptocurrency ecosystem. For users, it’s important to remain informed about such announcements and always have a backup plan for their holdings.
🔶 Conclusion: Take Action Before It’s Too Late
Binance’s delisting of Gifto (GFT), IRISnet (IRIS), SelfKey (KEY), OAX (OAX), and Ren (REN) is a significant move, but it also offers users a chance to review their portfolios and make informed decisions. To avoid any disruptions, users should act swiftly by withdrawing or converting their affected coins before the delisting process is finalized. As the crypto space continues to evolve, it’s important for traders and investors to stay on top of exchange updates and make timely decisions to safeguard their assets.
#DelistingNotice #BTCWatchZone #GameFiOnTheRise
Binance to Delist Three Popular Assets, Here Are Tickers
Major crypto exchange Binance recently announced its decision to delist three crypto assets.
In an official blog post, Binance stated that based on its most recent reviews, it has decided to delist and cease trading on all spot trading pairs for tokens: Kaon (AKRO), formerly known as Akropolis, Bluzelle (BLZ), and WazirX (WRX), on Dec. 25, 2024, at 3:00 a.m. (UTC).
The exact trading pairs being removed are: AKRO/USDT, BLZ/BTC, BLZ/USDT and WRX/USDT. In keeping with this, all trade orders in each trading pair will be immediately withdrawn once trading has ceased.
Binance explains the reason for the delistings to be that it periodically reviews each digital asset listed to ensure that it continues to fulfill high standards and industry criteria.
When a token no longer fulfills these requirements or the industry landscape changes, it performs a more thorough evaluation and may delist, stating that its top priority continues to provide quality and secure services for its users while adapting to changing market dynamics.
Important dates to note In light of this, Binance highlights key dates for the crypto community to note.
Withdrawals and deposits of delisted tokens Akropolis, Bluzelle and WazirX will not be supported after Dec. 25 and 26, respectively, at 3:00 a.m. UTC.
Delisted tokens may be converted into stablecoins on behalf of users after Dec. 26 at 3:00 a.m. (UTC).
On Dec. 23 at 10:00 a.m. (UTC), Binance Margin will delist AKRO, BLZ and WRX from Cross and Isolated Margin.
On the same date at 9:00 a.m. (UTC), Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and conduct an automatic settlement under the BLZUSDT symbol.
At 2:00 a.m. (UTC) on this date, WRX of Binance Loans (Flexible Rates) and AKRO, BLZ and WRX of VIP Loan will close all outstanding loan positions for these tokens as loanable and collateral tokens.
#Binance #DelistingNotice #Altcoins #cryptocurrency #CryptoNews
Major crypto exchange Binance recently announced its decision to delist three crypto assets.
In an official blog post, Binance stated that based on its most recent reviews, it has decided to delist and cease trading on all spot trading pairs for tokens: Kaon (AKRO), formerly known as Akropolis, Bluzelle (BLZ), and WazirX (WRX), on Dec. 25, 2024, at 3:00 a.m. (UTC).
The exact trading pairs being removed are: AKRO/USDT, BLZ/BTC, BLZ/USDT and WRX/USDT. In keeping with this, all trade orders in each trading pair will be immediately withdrawn once trading has ceased.
Binance explains the reason for the delistings to be that it periodically reviews each digital asset listed to ensure that it continues to fulfill high standards and industry criteria.
When a token no longer fulfills these requirements or the industry landscape changes, it performs a more thorough evaluation and may delist, stating that its top priority continues to provide quality and secure services for its users while adapting to changing market dynamics.
Important dates to note In light of this, Binance highlights key dates for the crypto community to note.
Withdrawals and deposits of delisted tokens Akropolis, Bluzelle and WazirX will not be supported after Dec. 25 and 26, respectively, at 3:00 a.m. UTC.
Delisted tokens may be converted into stablecoins on behalf of users after Dec. 26 at 3:00 a.m. (UTC).
On Dec. 23 at 10:00 a.m. (UTC), Binance Margin will delist AKRO, BLZ and WRX from Cross and Isolated Margin.
On the same date at 9:00 a.m. (UTC), Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and conduct an automatic settlement under the BLZUSDT symbol.
At 2:00 a.m. (UTC) on this date, WRX of Binance Loans (Flexible Rates) and AKRO, BLZ and WRX of VIP Loan will close all outstanding loan positions for these tokens as loanable and collateral tokens.
#Binance #DelistingNotice #Altcoins #cryptocurrency #CryptoNews
🚨💸 Why Do Coins Surge When Facing Delisting on Binance? 🤔
It may seem counterintuitive, but some coins experience a surge in price when they're about to be delisted from a major exchange like Binance 📈. Here are some reasons why this might happen:
- _Pump and Dump Schemes:_ Some traders may try to manipulate the price by spreading false information or creating hype around the coin, causing a temporary price surge 🚀.
- _Last-Chance Buying:_ Investors who still hold the coin may rush to buy more, hoping to sell at a higher price before the delisting takes effect 🕒.
- _Short Squeeze:_ Traders who shorted the coin may be forced to cover their positions, leading to a price surge as they buy back the coin 📈.
- _Sentimental Value:_ Some investors may buy the coin out of sentimental value or to support the project, even if it's facing delisting ❤️.
Coins Facing Delisting on Binance:
1️⃣ 📊 _Polymath (POLY):_ Scheduled for delisting on December 15, 2023 📆.
2️⃣ 🚀 _Quantstamp (QSP):_ Scheduled for delisting on January 1, 2024 📆.
3️⃣ 📊 _Storj (STORJ):_ Under review for potential delisting, with a decision expected soon 🤔.
Please note that delisting dates and decisions are subject to change, and it's essential to stay informed through official announcements from Binance and the project teams 📊.
📝 _Actionable Tips:_
1️⃣ 📊 _Stay Informed:_ Stay up-to-date with the latest developments on coin delistings and potential price movements 📊.
2️⃣ 🚀 _Diversify Your Portfolio:_ Consider diversifying your investment portfolio to minimize potential losses and maximize potential gains 🚀.
3️⃣ 📊 _Set Realistic Expectations:_ Set realistic expectations and avoid getting caught up in hype or FOMO 📊.
$STORJ
$KEY
#DelistingNotice
It may seem counterintuitive, but some coins experience a surge in price when they're about to be delisted from a major exchange like Binance 📈. Here are some reasons why this might happen:
- _Pump and Dump Schemes:_ Some traders may try to manipulate the price by spreading false information or creating hype around the coin, causing a temporary price surge 🚀.
- _Last-Chance Buying:_ Investors who still hold the coin may rush to buy more, hoping to sell at a higher price before the delisting takes effect 🕒.
- _Short Squeeze:_ Traders who shorted the coin may be forced to cover their positions, leading to a price surge as they buy back the coin 📈.
- _Sentimental Value:_ Some investors may buy the coin out of sentimental value or to support the project, even if it's facing delisting ❤️.
Coins Facing Delisting on Binance:
1️⃣ 📊 _Polymath (POLY):_ Scheduled for delisting on December 15, 2023 📆.
2️⃣ 🚀 _Quantstamp (QSP):_ Scheduled for delisting on January 1, 2024 📆.
3️⃣ 📊 _Storj (STORJ):_ Under review for potential delisting, with a decision expected soon 🤔.
Please note that delisting dates and decisions are subject to change, and it's essential to stay informed through official announcements from Binance and the project teams 📊.
📝 _Actionable Tips:_
1️⃣ 📊 _Stay Informed:_ Stay up-to-date with the latest developments on coin delistings and potential price movements 📊.
2️⃣ 🚀 _Diversify Your Portfolio:_ Consider diversifying your investment portfolio to minimize potential losses and maximize potential gains 🚀.
3️⃣ 📊 _Set Realistic Expectations:_ Set realistic expectations and avoid getting caught up in hype or FOMO 📊.
$STORJ
$KEY
#DelistingNotice
Delisting Coins on the Rise: $IRIS , $OAX , $REN ,
Please be careful .. Don't invest in it..
Today’s top gainers showcase a powerful rally across multiple cryptocurrencies, with IRIS stealing the spotlight after an extraordinary 66.09% surge. The coin is now priced at $0.01636, reflecting a breakout move fueled by heightened interest and volume. LUMIA follows closely, climbing 39.93% to $2.53, driven by bullish momentum, indicating strong buyer activity in its market. YFI, trading at a staggering $12,027 with a 31.27% gain, showcases its dominance as a high-value token making a dramatic upward move, likely influenced by institutional interest.
Other notable performers include OAX at $0.0976 (+25.45%) and REN, surging 24.90% to $0.05734. These coins are signaling significant market confidence, attracting traders looking for rapid returns. Finally, COMP ends the list with a strong 24.78% gain, now priced at $115.52. The upward movements of these assets highlight a vibrant market with bullish trends across diverse sectors. Traders are advised to watch these coins closely, as the momentum could push prices further into new highs or invite short-term corrections. The current volatility offers both opportunities and risks, demanding tight risk management strategies.
#DelistingNotice #DelistingDrama
Please be careful .. Don't invest in it..
Today’s top gainers showcase a powerful rally across multiple cryptocurrencies, with IRIS stealing the spotlight after an extraordinary 66.09% surge. The coin is now priced at $0.01636, reflecting a breakout move fueled by heightened interest and volume. LUMIA follows closely, climbing 39.93% to $2.53, driven by bullish momentum, indicating strong buyer activity in its market. YFI, trading at a staggering $12,027 with a 31.27% gain, showcases its dominance as a high-value token making a dramatic upward move, likely influenced by institutional interest.
Other notable performers include OAX at $0.0976 (+25.45%) and REN, surging 24.90% to $0.05734. These coins are signaling significant market confidence, attracting traders looking for rapid returns. Finally, COMP ends the list with a strong 24.78% gain, now priced at $115.52. The upward movements of these assets highlight a vibrant market with bullish trends across diverse sectors. Traders are advised to watch these coins closely, as the momentum could push prices further into new highs or invite short-term corrections. The current volatility offers both opportunities and risks, demanding tight risk management strategies.
#DelistingNotice #DelistingDrama
ATTENTION TRADERS 🚨📢DELISTING on December 25, 2024 ‼️⚠️
Users should be aware of the following deadlines🔴
The affected spot trading pairs are😳⚠️
$AKRO /USDT
$BLZ /BTC
#BLZ /USDT
$WRX /USDT
Trading for these pairs will cease at 03:00 (UTC) on December 25, 2024.
Kaon (#AKRO )
Bluzelle (#BLZ😈 )
WazirX (#WRX )
Deposits: Will be disabled after December 26, 2024.
Withdrawals: Will be suspended after February 25, 2025.
Additionally, the BLZUSDT perpetual contract on Binance Futures will close at 12:00 (UTC) on December 23, 2024.
It's advisable to close any open positions and withdraw your assets before these deadlines to avoid potential inconveniences.
#DelistingNotice
The affected spot trading pairs are😳⚠️
$AKRO /USDT
$BLZ /BTC
#BLZ /USDT
$WRX /USDT
Trading for these pairs will cease at 03:00 (UTC) on December 25, 2024.
Kaon (#AKRO )
Bluzelle (#BLZ😈 )
WazirX (#WRX )
Deposits: Will be disabled after December 26, 2024.
Withdrawals: Will be suspended after February 25, 2025.
Additionally, the BLZUSDT perpetual contract on Binance Futures will close at 12:00 (UTC) on December 23, 2024.
It's advisable to close any open positions and withdraw your assets before these deadlines to avoid potential inconveniences.
#DelistingNotice
🚨📉 Warning: Delisting Coins Can Be Hazardous to Your Wealth 🚨
A word of caution to all investors: beware of delisting coins! 🙅♂️ As we've seen with $OAX, $IRIS, $KEY, $REN, and $IOTX, delisting can lead to sharp declines in value 📉.
📊 _Technical Analysis:_
1️⃣ 📉 _Sharp Declines:_ The charts for these coins show sharp declines in value, with some experiencing drops of 50% or more in a short period 📉.
2️⃣ 🚨 _Delisting Warning Signs:_ In hindsight, there were warning signs that these coins were at risk of delisting, including:
- Low trading volumes
- Poor liquidity
- Lack of development updates
- Regulatory issues
3️⃣ 📊 _Technical Indicators:_ Technical indicators such as the Relative Strength Index (RSI) and Bollinger Bands can help identify potential delisting risks 📊.
🔮 _Why Delisting Coins Are Risky:_
1️⃣ 🚨 _Loss of Liquidity:_ Delisting can lead to a loss of liquidity, making it difficult to buy or sell the coin 🚨.
2️⃣ 📉 _Price Volatility:_ Delisting can also lead to price volatility, as traders and investors scramble to exit their positions 📉.
3️⃣ 🚫 _Regulatory Risks:_ Delisting can be a sign of regulatory issues, which can lead to further price declines and potential legal risks 🚫.
📝 _Actionable Tips:_
1️⃣ 🚨 _Stay Informed:_ Stay up-to-date with the latest news and developments surrounding the coins you invest in 🚨.
2️⃣ 📊 _Monitor Technical Indicators:_ Keep an eye on technical indicators such as the RSI and Bollinger Bands to identify potential delisting risks 📊.
3️⃣ 🚫 _Diversify Your Portfolio:_ Diversify your portfolio to minimize risk and avoid over-exposure to any one coin 🚫.
🚨 _Disclaimer:_ The information provided is for educational purposes only and should not be considered as financial advice. Investing in cryptocurrencies carries significant risks, and potential returns are speculative.
$KEY
$IRIS
$OAX
#BTCRecoveredTo97K
#SUIInTheSpotlight
#DelistingNotice
A word of caution to all investors: beware of delisting coins! 🙅♂️ As we've seen with $OAX, $IRIS, $KEY, $REN, and $IOTX, delisting can lead to sharp declines in value 📉.
📊 _Technical Analysis:_
1️⃣ 📉 _Sharp Declines:_ The charts for these coins show sharp declines in value, with some experiencing drops of 50% or more in a short period 📉.
2️⃣ 🚨 _Delisting Warning Signs:_ In hindsight, there were warning signs that these coins were at risk of delisting, including:
- Low trading volumes
- Poor liquidity
- Lack of development updates
- Regulatory issues
3️⃣ 📊 _Technical Indicators:_ Technical indicators such as the Relative Strength Index (RSI) and Bollinger Bands can help identify potential delisting risks 📊.
🔮 _Why Delisting Coins Are Risky:_
1️⃣ 🚨 _Loss of Liquidity:_ Delisting can lead to a loss of liquidity, making it difficult to buy or sell the coin 🚨.
2️⃣ 📉 _Price Volatility:_ Delisting can also lead to price volatility, as traders and investors scramble to exit their positions 📉.
3️⃣ 🚫 _Regulatory Risks:_ Delisting can be a sign of regulatory issues, which can lead to further price declines and potential legal risks 🚫.
📝 _Actionable Tips:_
1️⃣ 🚨 _Stay Informed:_ Stay up-to-date with the latest news and developments surrounding the coins you invest in 🚨.
2️⃣ 📊 _Monitor Technical Indicators:_ Keep an eye on technical indicators such as the RSI and Bollinger Bands to identify potential delisting risks 📊.
3️⃣ 🚫 _Diversify Your Portfolio:_ Diversify your portfolio to minimize risk and avoid over-exposure to any one coin 🚫.
🚨 _Disclaimer:_ The information provided is for educational purposes only and should not be considered as financial advice. Investing in cryptocurrencies carries significant risks, and potential returns are speculative.
$KEY
$IRIS
$OAX
#BTCRecoveredTo97K
#SUIInTheSpotlight
#DelistingNotice
BREAKING ALERT 💥DELISTING 🚨🚨On December 16, 2024
On December 16, 2024, Binance plans to delist the perpetual futures contracts for Mavia (#MAVIAUSDT ), OMG Network (#OMG/USDT ), and BarnBridge (#BOND/USDT ). This decision is part of Binance’s routine review to ensure the quality and liquidity of trading options on its platform. The spot trading for these tokens remains unaffected, meaning they can still be traded on other available pairs or held in wallets.
➡️Users with active positions in the perpetual futures for these tokens should close them before the delisting date to avoid forced liquidation. Additionally, Binance advises transferring related assets from futures wallets to avoid any disruptions.
#DYOR #DelistingNotice @Binance France Live @Binance Square Official
➡️Users with active positions in the perpetual futures for these tokens should close them before the delisting date to avoid forced liquidation. Additionally, Binance advises transferring related assets from futures wallets to avoid any disruptions.
#DYOR #DelistingNotice @Binance France Live @Binance Square Official
✈️ Breaking Now 🔴
Binance has decided to delist all spot trading pairs and halt trading for the following cryptocurrencies:
- Kaon (AKRO)
- Akropolis (AKRO)
- Bluzelle (BLZ)
- WazirX (WRX)
🚨 **What does this mean?**
- Trading for these coins will no longer be available on Binance.
- Users holding these assets should take necessary actions (e.g., withdrawals or conversions).
Stay tuned for further updates!
#CryptoNews #DelistingNotice
Binance has decided to delist all spot trading pairs and halt trading for the following cryptocurrencies:
- Kaon (AKRO)
- Akropolis (AKRO)
- Bluzelle (BLZ)
- WazirX (WRX)
🚨 **What does this mean?**
- Trading for these coins will no longer be available on Binance.
- Users holding these assets should take necessary actions (e.g., withdrawals or conversions).
Stay tuned for further updates!
#CryptoNews #DelistingNotice
Cryptocurrencies to be delisted from Binance on 2024-12-25 03:00 (UTC) are:
- Bluzelle $BLZ
- WazirX $WRX
- Akropolis $AKRO
#DelistingNotice #DelistingAlert #BLZ #WRX #AKRO
- Bluzelle $BLZ
- WazirX $WRX
- Akropolis $AKRO
#DelistingNotice #DelistingAlert #BLZ #WRX #AKRO
🚨 WHY COINS SURGE BEFORE BEING DELISTED: GET PREPARED FOR THE SURGE 🚨
📊 The Pump Before the Dump:
Coins often surge in price before being delisted due to a combination of factors 🤔:
1. 📈 _Short squeeze_: As investors rush to sell their holdings before the delisting, a short squeeze may occur, driving up the price 📈.
2. 🤝 _Last-minute buying_: Some investors buy coins in hopes of making a quick profit before the delisting 📊.
3. 📊 _Speculative buying_: Investors speculate that the coin will surge before the delisting, creating a self-fulfilling prophecy 📈.
4. 📊 _Limited supply_: As investors sell their holdings, the available supply may decrease, driving up the price 📊.
5. 📈 _Panic buying_: As the delisting date approaches, some investors panic buy coins, driving up the price 📈.
🚨 Get Prepared for the Surge:
December 25, 2024 📆, is the delisting date for the following coins:
1. 📊 _$AKRO _ (Akropolis)
2. 📊 _$BLZ _ (Bluzelle)
3. 📊 _$WRX _ (WazirX)
These coins are likely to experience a surge in price before being delisted 🚀. Be prepared to:
1. 📊 _Monitor prices closely_: Keep a close eye on price movements to capitalize on potential gains 📊.
2. 📈 _Set price alerts_: Set price alerts to notify you when the coins reach specific price levels 📈.
3. 🤝 _Have a strategy_: Develop a strategy for buying, selling, or holding the coins before the delisting date 📊.
🔍 Why This Happens:
The surge before delisting occurs because investors are trying to:
1. 📊 _Avoid losses_: By selling their holdings before the delisting, investors hope to avoid losses 📊.
2. 📈 _Make a quick profit_: Some investors try to make a quick profit by buying and selling the coins before the delisting 📈.
🚨 Warning:
Keep in mind that this surge is likely to be short-lived, and the coins will eventually be delisted 📆. Be cautious and don't get caught up in the hype 🚨.
#DelistingNotice #Write2Earn!
📊 The Pump Before the Dump:
Coins often surge in price before being delisted due to a combination of factors 🤔:
1. 📈 _Short squeeze_: As investors rush to sell their holdings before the delisting, a short squeeze may occur, driving up the price 📈.
2. 🤝 _Last-minute buying_: Some investors buy coins in hopes of making a quick profit before the delisting 📊.
3. 📊 _Speculative buying_: Investors speculate that the coin will surge before the delisting, creating a self-fulfilling prophecy 📈.
4. 📊 _Limited supply_: As investors sell their holdings, the available supply may decrease, driving up the price 📊.
5. 📈 _Panic buying_: As the delisting date approaches, some investors panic buy coins, driving up the price 📈.
🚨 Get Prepared for the Surge:
December 25, 2024 📆, is the delisting date for the following coins:
1. 📊 _$AKRO _ (Akropolis)
2. 📊 _$BLZ _ (Bluzelle)
3. 📊 _$WRX _ (WazirX)
These coins are likely to experience a surge in price before being delisted 🚀. Be prepared to:
1. 📊 _Monitor prices closely_: Keep a close eye on price movements to capitalize on potential gains 📊.
2. 📈 _Set price alerts_: Set price alerts to notify you when the coins reach specific price levels 📈.
3. 🤝 _Have a strategy_: Develop a strategy for buying, selling, or holding the coins before the delisting date 📊.
🔍 Why This Happens:
The surge before delisting occurs because investors are trying to:
1. 📊 _Avoid losses_: By selling their holdings before the delisting, investors hope to avoid losses 📊.
2. 📈 _Make a quick profit_: Some investors try to make a quick profit by buying and selling the coins before the delisting 📈.
🚨 Warning:
Keep in mind that this surge is likely to be short-lived, and the coins will eventually be delisted 📆. Be cautious and don't get caught up in the hype 🚨.
#DelistingNotice #Write2Earn!
🚨 GET PREPARED FOR THESE COINS TO SURGE BEFORE BEING DELISTED 🚨
📊 The Pump Before the Dump:
Before being delisted on December 25, 2024 📆, these three coins are likely to experience a surge in price 🚀. Here's why:
1. 📊 _$AKRO _ (Akropolis)
- 📈 _Short squeeze_: As investors rush to sell their AKRO holdings before the delisting, a short squeeze may occur, driving up the price 📈.
- 🤝 _Last-minute buying_: Some investors may buy AKRO in hopes of making a quick profit before the delisting 📊.
2. 📊 _$BLZ _ (Bluzelle)
- 📈 _Speculative buying_: Investors may buy BLZ speculating that the coin will surge before the delisting, creating a self-fulfilling prophecy 📈.
- 📊 _Limited supply_: As investors sell their BLZ holdings, the available supply may decrease, driving up the price 📊.
3. 📊 _$WRX _ (WazirX)
- 📈 _Panic buying_: As the delisting date approaches, some investors may panic buy $WRX, driving up the price 📈.
- 🤝 _Last-minute trading_: Investors may trade WRX aggressively before the delisting, creating a surge in price 📊.
🔍 Why This Happens:
This phenomenon occurs because investors are trying to:
1. 📊 _Avoid losses_: By selling their holdings before the delisting, investors hope to avoid losses 📊.
2. 📈 _Make a quick profit_: Some investors try to make a quick profit by buying and selling the coins before the delisting 📈.
🚨 Warning:
Keep in mind that this surge is likely to be short-lived, and the coins will eventually be delisted 📆. Be cautious and don't get caught up in the hype 🚨.
📊 Stay Informed:
Stay up-to-date with the latest market developments and be prepared for any unexpected price movements 📊.
#BTCNewATH #PENGUOpening #BinanceAlpha #Write2Earn! #DelistingNotice
📊 The Pump Before the Dump:
Before being delisted on December 25, 2024 📆, these three coins are likely to experience a surge in price 🚀. Here's why:
1. 📊 _$AKRO _ (Akropolis)
- 📈 _Short squeeze_: As investors rush to sell their AKRO holdings before the delisting, a short squeeze may occur, driving up the price 📈.
- 🤝 _Last-minute buying_: Some investors may buy AKRO in hopes of making a quick profit before the delisting 📊.
2. 📊 _$BLZ _ (Bluzelle)
- 📈 _Speculative buying_: Investors may buy BLZ speculating that the coin will surge before the delisting, creating a self-fulfilling prophecy 📈.
- 📊 _Limited supply_: As investors sell their BLZ holdings, the available supply may decrease, driving up the price 📊.
3. 📊 _$WRX _ (WazirX)
- 📈 _Panic buying_: As the delisting date approaches, some investors may panic buy $WRX, driving up the price 📈.
- 🤝 _Last-minute trading_: Investors may trade WRX aggressively before the delisting, creating a surge in price 📊.
🔍 Why This Happens:
This phenomenon occurs because investors are trying to:
1. 📊 _Avoid losses_: By selling their holdings before the delisting, investors hope to avoid losses 📊.
2. 📈 _Make a quick profit_: Some investors try to make a quick profit by buying and selling the coins before the delisting 📈.
🚨 Warning:
Keep in mind that this surge is likely to be short-lived, and the coins will eventually be delisted 📆. Be cautious and don't get caught up in the hype 🚨.
📊 Stay Informed:
Stay up-to-date with the latest market developments and be prepared for any unexpected price movements 📊.
#BTCNewATH #PENGUOpening #BinanceAlpha #Write2Earn! #DelistingNotice
Binance announce that $WRX is delisting on 25 Dec. that's why it's price fall down. what do you think will price increase or decrease ?
#WRX #DelistingNotice
#WRX #DelistingNotice
Today's PNL
2024-12-18
-$2.03
-5.48%
🚨 Binance Delisting Alert: Act Now! 🚨
Binance has announced the delisting of three tokens effective December 25, 2024:
$AKRO
$BLZ
$WRX
Don't let your investments be caught off guard! It's crucial to manage your positions and execute withdrawals before the deadline to prevent any potential losses or inconveniences. Check your portfolios and take action! 📉💸
Remember, once these tokens are delisted, they will no longer be available for trading on Binance. This could impact liquidity and value, so plan accordingly.
Stay ahead of the game with these important updates in the #crypto world.
#DelistingNotice
Binance has announced the delisting of three tokens effective December 25, 2024:
$AKRO
$BLZ
$WRX
Don't let your investments be caught off guard! It's crucial to manage your positions and execute withdrawals before the deadline to prevent any potential losses or inconveniences. Check your portfolios and take action! 📉💸
Remember, once these tokens are delisted, they will no longer be available for trading on Binance. This could impact liquidity and value, so plan accordingly.
Stay ahead of the game with these important updates in the #crypto world.
#DelistingNotice