Hey there, Binance traders. Have you seen the news about MDX, BOND, and DOCK delisting? Let's breathe easy and unpack this together.
Binance is delisting these tokens on July 22nd, but there's still plenty of time to take action. Here's what you need to know:
* Timeline: You have until July 22nd to withdraw your MDX, BOND, and DOCK tokens from Binance. Margin trading for these tokens will cease even earlier, on July 17th.
* Reason for delisting: Binance reviews tokens regularly and considers factors like trading volume, project activity, and regulatory compliance. In this case, they decided to delist these tokens due to low performance.
* Taking action: Since you lost a lot of money. Even if you sell these coins, you still lose by a huge margin. No one knows what the future holds for these coins in the next 5-10 years. Maybe at some point it reverted to the way it was before. That may not be the case. Don't panic sell! If you hold these tokens, you can withdraw them to an external wallet or another exchange that supports them. You still have time to explore your options.
Here is current insights:
Remember, delistings happen occasionally. The important thing is to stay informed and manage your holdings accordingly.