#DYMBinanceHODL

Here is a brief and focused translation of the content regarding **#DYMBinanceHODL** into **English**:

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## 📈 What is DYM and what is its relation to Binance?

* The **Binance** platform has announced its full support for the **Dymension (DYM)** network upgrade, including the suspension of deposits and withdrawals during the upgrade process to ensure it proceeds smoothly ([reddit.com][1], [en.bitcoinsistemi.com][2]).

* Deposits and withdrawals were suspended on **January 6, 2025** at 15:00 UTC (approximately at block 5,135,550) and were reactivated after the network stabilized ([en.bitcoinsistemi.com][2]).

* Yesterday, the DYM coin was listed for spot trading on Binance via pairs: **DYM/BTC**, **DYM/USDT**, **DYM/FDUSD**, and **DYM/TRY** ([binance.com][3]).

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## 💬 What does “HODL” mean in this context?

The word "HODL" has turned into a common term among cryptocurrency traders, meaning "Hold On for Dear Life."

* On Reddit, a user mentions:

> “Trading is such a gamble. Just don't do it. HODL is the key strategy in making money in this ecosystem.” ([reddit.com][4])

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## 🟣 Summary in English

1. **Binance** supported the DYM network upgrade on January 6, 2025, with temporary suspension of deposits and withdrawals for the upgrade.

2. **Dymension (DYM)** was later listed for four spot trading pairs on Binance.

3. **HODL** is a term for cryptocurrency followers that encourages holding coins for long periods instead of day trading.

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Do you want to know more about the Dymension project, or your plans regarding holding DYM, or a mathematical comparison between “HODL” strategies versus