Did you receive this notification from Binance? Don’t ignore it if you want to take care of your money! 🚨
Hello, Binancians. We all go through this: we open the app and see a bunch of notifications about 'Delisting' or 'Liquidation' and the first thing we do is close them. But be careful, ignoring these messages can make you lose money without realizing it. Today I explain what the announcement about RVV and YALA means.
Binance has just announced that it will withdraw the perpetual contracts of RVVUSDT and YALAUSDT this February 10 at 09:00 UTC.
What does this mean? If you have open positions (trading) in these coins, Binance will automatically close them.
What is the risk? If you let them close it for you, the price may not be the best and you might lose more than planned."
My recommendation for those of us who are just starting: Don’t wait until the last minute. If you have something there, close your position manually before the deadline. It’s better to have control over your exit than to let the system do it for you
#Binance #TrandingTips #RVV #YALA