#SecureYourAssets
Important Alert for Cryptocurrency Traders:
Removing cryptocurrencies from the Binance platform is not a simple matter; it is considered one of the most dangerous updates that any project may face.
Once a currency is listed on the “Monitoring List,” consider the countdown to have started.
Its value often drops by 50% or more immediately upon announcement, in addition to losses caused by market fluctuations.
The Binance platform continues to remove currencies in bulk, and periodically we witness the removal of 10 to 15 currencies at once, in an attempt to rectify previous mistakes when they listed dozens of weak or worthless projects during the market's rise from late 2023 to the end of 2024.
How do you protect yourself? How do you know if your currency is at risk of being removed?
Check the following:
1. The market capitalization of the currency should be above 150 million dollars.
2. The daily trading volume should not be less than 5 million dollars.
3. The currency should have strong trading pairs such as:
USDT – USDC – BTC
The more trading pairs it has, the more stable the currency is.
4. Beware of old currencies (from 2021 and earlier) that do not meet the above criteria, as most of the removed currencies were old, had weak trading volumes, and lacked an active team or an engaged community.
Follow, monitor, and be cautious.