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Guys, Follow me For More Information And Perfect Predictions, Must Read Removel Pairs Tokens, Notice of Removal of Spot Trading Pairs - 2024-05-10 This is a general announcement. Products and services referred to here may not be available in your region. To protect users and maintain a high quality trading market, Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume. Based on our most recent reviews, Binance will remove and cease trading on the following spot trading pairs: At 2024-05-10 03:00 (UTC): AAVE/BNB, DEGO/BTC, LTC/TUSD, SAND/ETH Please note: The delisting of a spot trading pair does not affect the availability of the tokens on Binance Spot. Users can still trade the spot trading pair’s base and quote assets on other trading pair(s) that are available on Binance.  Binance will terminate Spot Trading Bots services for the aforementioned spot trading pairs at 2024-05-10 03:00 (UTC) where applicable. Users are strongly advised to update and/or cancel their Spot Trading Bots prior to the cessation of Spot Trading Bots services to avoid any potential losses. There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.  #Write2Earn #altcoins #buythedip

Guys, Follow me For More Information And Perfect Predictions,

Must Read Removel Pairs Tokens,

Notice of Removal of Spot Trading Pairs - 2024-05-10

This is a general announcement. Products and services referred to here may not be available in your region.

To protect users and maintain a high quality trading market, Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume.

Based on our most recent reviews, Binance will remove and cease trading on the following spot trading pairs:

At 2024-05-10 03:00 (UTC): AAVE/BNB, DEGO/BTC, LTC/TUSD, SAND/ETH

Please note:

The delisting of a spot trading pair does not affect the availability of the tokens on Binance Spot. Users can still trade the spot trading pair’s base and quote assets on other trading pair(s) that are available on Binance. 

Binance will terminate Spot Trading Bots services for the aforementioned spot trading pairs at 2024-05-10 03:00 (UTC) where applicable.

Users are strongly advised to update and/or cancel their Spot Trading Bots prior to the cessation of Spot Trading Bots services to avoid any potential losses.

There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. 

#Write2Earn #altcoins #buythedip

Отказ от ответственности: на платформе опубликованы материалы и мнения третьих лиц. Не является финансовой рекомендацией. Может содержать спонсируемый контент. См. Правила и условия.
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NOTE 🚫🚫 ATTENTION PLEASE 🚫🚫 If you trade in the Futures, then read this. LEVERAGE IS THE NAME OF ONE BIG DISASTER IN THE MARKET I have mentioned it many times "Don't try futures, and don't use leverage if you're new to crypto. Even if you've spent 3-4 years in this sphere, please don't." But this is not what I'm going to talk about now. This time I'm going to explain the impact of leverage on the movements in the crypto market. So pay attention because this is important. Firstly let's understand how leverage works. Suppose you opened a trade to buy with $500 with 10X leverage, it will act as if you had $5000 in your account. So, how does this work? The exchanges (here Binance) will simply lend you $4500 and in exchange for that, if the price drops by 10% (your $5000 will turn into $4500), then your position is automatically closed to prevent you from being indebted towards the exchange. You are what is called "liquidated". When you get liquidated in a long position, at the moment of your liquidation, it instantly creates a market sell off: it means that your remaining $4500 is sold so that Binance can recover it's money. Now let's take this phenomena and apply it on a much larger scale. Imagine that 100000 traders enter long with 10X leverage on ETH at 3 different levels : at $2.8K, $3K & $3.2K. Let's imagine the price drops to $2.7K, a -10% from $3K. Here the traders who entered will get liquidated & thus trigger massive sell orders in the market which will strongly push down the price of ETH and could further go down to $2.5K due to massive liquidations which will trigger the liquidations of those who entered at $2.8K and so on...This is known as cascading liquidations. When too many people open positions with leverage, it creates a risk of very strong and rapid liquidations, which can create "FLASH CRASHES", that is, moments of a few minutes where ETH can go down 15-20%. This works the same in traditional finance, on the scale of banks/ hedge funds and so on. But I'm not here to lecture on that. Hope you'll take it seriously. $PYTH #Write2Earn
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