If you use Binance, stop for a moment! ✋ The "Yellow Giant" has been very active these last 3 days cleaning house. Here I explain what each announcement means for your wallet, in an easy and quick way.
⚠️ 1. Imminent Danger! Tomorrow they say GOODBYE to these 3 Coins 🚮
This is the most urgent. Binance sometimes decides to remove coins that no longer meet their standards ("Delisting").
What’s happening? Tomorrow, December 17th, Binance will remove trading for three cryptocurrencies.
Which ones?
🚫 FIS (#StaFi )
🚫 REI (#ReiNetwork )
🚫 VOXEL (#Voxies )
Tip: If you have any of these in your Spot wallet, sell them or withdraw them TODAY. Tomorrow it might be very hard or impossible to trade them there. Don't get stuck!
🧹 2. Year-End Cleaning in "Margin" 📉
If you like trading with borrowed money (Leverage/Margin), pay attention. Binance is bringing out the broom.
The News: They are going to eliminate several trading pairs that use the stablecoin FDUSD.
Who does it affect? Those who trade with DOT, BONK, WLD, SEI (and others) against the pair FDUSD.
Deadline: You have until December 23.
What do I do? If you have an open trade in these pairs, close it before that date so the system doesn't do it for you (and maybe at a bad price).
🤖 3. New Toys: Fresh Bots and Pairs 🚀
Not everything is goodbyes. To keep the market active, today December 16 they added new options.
What's New: They have activated new trading pairs and Bots (automated programs) for certain coins.
What is it for? This usually brings "new blood" and movement to those coins. If you like fast trading, check the "New Pairs" list in the app to see where the action is today.
🎅 4. The Christmas Bonus: Christmas Mining for 2,500 USDC! ⛏️💰
Are you interested in Bitcoin mining? Binance put on Santa's hat.
The Promo: They launched the "Binance Pool Christmas Special."
How does it work? It is a competition for Bitcoin miners in their pool. If you increase your mining power (hashrate) between now and January 15, you can win a share of a total prize of 2,500 USDC.
Ideal for: Those who have mining equipment or use cloud mining and want an extra for the holidays.
💡 Summary for Your Strategy Today:
URGENT: Check if you have $FIS, $REI or $VOXEL. 🏃💨
PREVENTION: Check your positions in Margin with FDUSD.
OPPORTUNITY: If you mine, sign up for the Christmas promo.
Stay safe and don't get caught off guard by changes! 🛡️✨
