Binance Announces Another Delisting: Users Advised to Divest from This Altcoin (ALT) by August 20th!

Binance Announces Another Delisting: Users Advised to Divest from This Altcoin (ALT) by August 20th!

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  • Binance, a leading cryptocurrency exchange, has announced the delisting of another altcoin, BIDR, effective from August 20, 2024.
  • This move is part of Binance’s commitment to improving its product offerings and better serving its users’ needs.
  • Users are advised to convert their BIDR assets into other available assets on Binance or use Binance Convert to convert BIDR into cryptocurrencies before the specified deadline.

Binance delists BIDR, urging users to convert their assets before August 20, 2024. This move is part of the exchange’s commitment to improving its product offerings and maintaining the integrity of its trading environment.

Binance Calls on Users to Convert BIDR Assets Before August 20, 2024

Users are advised to take proactive measures by swapping their BIDR assets with alternative existing assets on Binance or by using Binance Convert to convert BIDR into cryptocurrencies before the specified deadline. From 11:00 on August 20, 2024, any remaining BIDR balances in users’ Binance accounts will be automatically converted into FDUSD at real-time exchange rates provided by xe.com.

Important Points to Note:

Binance will continue to support BIDR deposit and withdrawal operations until 02:59 on August 19, 2024. After 11:00 on August 20, 2024, any remaining BIDR balances in users’ Spot and Funding wallets will be converted into FDUSD by Binance. The conversion process ... Read the full article for FREE at COINOTAG!

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