1. Temporary Suspension of Siacoin (SC) Trading – Network Upgrade
📅 Effective Date: From June 6, 2025, Binance will temporarily suspend deposits and withdrawals of Siacoin (SC) for network upgrades. However, SC trading will continue as normal.
Reason: This is part of the Siacoin system upgrade process to improve network performance and enhance security. Investors should note that the suspension only applies to Siacoin deposits and withdrawals, so you can still trade SC on Binance throughout the upgrade process.
Note: After the upgrade is completed, you can deposit and withdraw Siacoin as usual. Binance will notify you of any changes during the upgrade process.
2. Reddio (RDO) TGE Event – New Investment Opportunity
📅 Effective Date: On May 29, 2025, Binance Alpha will open the Token Generation Event (TGE) for Reddio (RDO) on the PancakeSwap platform.
Participation Conditions: Users with at least 193 Alpha points will qualify to participate in this event. To earn Alpha points, you need to complete trading tasks, participate in Binance campaigns, or purchase other products on the Binance platform.
What is this event?
Reddio (RDO) is a new project in the blockchain space aiming to build an open financial ecosystem. Participating in the TGE on PancakeSwap is an opportunity for users to purchase new tokens at a discounted price before they are officially listed on major exchanges.
This is a great opportunity for investors looking to invest in a new project, and if you have at least 193 Alpha points, you will have access to this event to purchase Reddio (RDO).
Impact on Binance Users
About Siacoin (SC):
If you own Siacoin on Binance, please ensure that you complete any deposits and withdrawals of SC before June 6. After this date, you will not be able to perform SC deposit/withdrawal transactions until the upgrade process is completed. However, you can still trade SC normally.
About Reddio (RDO):
This is an attractive investment opportunity for those who love new projects in the blockchain space. If you do not yet have 193 Alpha points, you can participate in programs and tasks on Binance to accumulate points and qualify for the TGE event.
User Advice
Make sure you are well prepared before Siacoin is suspended. If you plan to withdraw or deposit Siacoin, please complete it before June 6 to avoid disruption.
Actively participate in Binance events to earn Alpha points, thereby having the opportunity to join exciting TGE events like Reddio (RDO). This is a great way to access new blockchain projects with potential profit opportunities.
Binance continues to provide users with new opportunities and challenges in the cryptocurrency world. The temporary suspension of Siacoin deposits/withdrawals and the hosting of the TGE event for Reddio (RDO) are two important changes to note. If you are trading Siacoin or looking for new investment opportunities, do not miss these chances.
Stay tuned for more information and always keep up to date with changes from Binance to make the most of investment opportunities.