🚨 BREAKING 🚨

Binance, one of the world’s largest cryptocurrency exchanges, has issued a key notification regarding upcoming Tether (USDT) transfers across multiple networks. In a recent tweet, Binance stated it will be conducting a Tether token swap over the next few days, starting Nov. 6 across networks like Ethereum (ETH), Tron (TRX), Avalanche (AVAX), NEAR, EOS and CELO. This rebalancing of holdings is intended to maintain optimal liquidity and security across these networks.

The exchange highlighted that users might notice funds moving in and out of Binance's hot wallet during this period. However, Binance emphasized that this activity is part of the planned token swap and does not affect the security of users' funds.