URGENT! URGENT! URGENT!
Binance is going to
Delist Key Cryptocurrencies on September 18, 2024
Essential Steps and What You Need to Know:
On September 18, 2024, Binance will be removing several cryptocurrencies from its platform as part of its routine evaluation process.
Hereโs what you need to know about the delisting and how to prepare:
Cryptocurrencies Scheduled for Delisting:
ForTube ($FOR): Currently at 0.00997 USDT, FOR has plummeted -42.51% in the last 24 hours. Its delisting is due to poor market performance.
Ellipsis ($EPX): Trading at 0.0000799 USDT, EPX has dropped -34.60%. The decision is based on reduced user engagement.
Voyager Token (VGX): At 0.0399 USDT, VGX has fallen -33.64% amid the collapse of the Voyager platform.
PowerPool ($CVP): With a current price of 0.2300 USDT, CVP has decreased -39.23%, reflecting declining interest in its governance protocol.
Reef ($REEF): Priced at 0.000917 USDT, REEF has seen a -21.08% drop, prompting its removal due to challenges in bridging DeFi and centralized exchanges.
Actions to Take:
Withdraw or Convert Holdings: Transfer or exchange your assets before the delisting date to avoid potential losses.
Transfer to Supported Wallets:
Move your holdings to an external wallet that supports these tokens if you wish to retain them.
Stay Updated:
Monitor Binance for further updates on the delisting timeline and potential impacts.
Explore Other Platforms: Consider other exchanges that may continue to support these tokens if you want to keep trading them.
Reasons for Delisting: Binanceโs decision is influenced by factors such as low trading volumes, reduced user interest, lack of development, and market sustainability concerns.
Stay informed and act promptly to manage your investments effectively.