#strax

✅ Binance announced the swap of Stratis (STRAX) to a new token

Accordingly, the old STRAX token will change its name to the new STRAX on Binance, with a conversion rate of 1:10. Binance will also remove all STRAX trading pairs (including STRAX/BTC, STRAX/TRY

and STRAX/USDT) and cancel all pending buy and sell orders.

This will take place on March 20, 2024 at 10:00 am (Vietnam time), paving the way for the opening of trading pairs STRAX/BTC, STRAX/TRY and STRAX/USDT from 10:00 March 28, 2024 (VN time).

In addition, deposits and withdrawals of old STRAX tokens on Binance will also be stopped at 10:00 a.m. March 20, 2024 (Vietnam time).

For the USDⓈ-M STRAXUSDT trading contract on Binance Futures, the exchange will begin to stop trading this pair at 3:30 p.m. March 15, 2024 (Vietnam time). The re-listing will be announced later by the exchange.

In addition, Binance will also change margin trading

STRAX/BTC and STRAX/USDT. At 1:00 p.m. on March 12, 2024, isolated margin borrowing transactions of this pair will be temporarily suspended. At 1:00 p.m. on March 15, 2024, Binance will close positions, perform automatic payments, and cancel all pending buy and sell orders of cross and isolated margin pairs.

Users are advised to terminate positions and transfer assets before this time to avoid possible loss.

I was just looking at my account today until I found this information. I have encountered several cases like this. Usually the value drops very sharply like T, APM... even losing it completely like BTSC.

Anyone else stuck? Please share here to encourage each other. Tasting the risks of this market is indeed not easy at all.