Binance is going to delist $EPIC and $QUICK from exchange on 28th October 2026.
There are several things you can do with them:
Shorting : These tokens price are most likely to be plunged. You can make money by #shorting . But nothing is granteed in the market.
Buying : Delisting does not mean the token and project are completely over. They just do not meet Binance Exchange's criteria anymore. But most traders will sell because they are delisted from top exchange and they lost liquidity. On the other hand, it means you can buy them #AllTimeLows , which means great growth opportunity if you can bet.
Arbitrage : Binance will continue allows you to withdraw them until 28th October, but they may be convert to stablecoin automatically in 29th Oct. Some trading services will be stopped early, so their prices will be impacted earlier. Future positions will automatically settled on 20th Oct. Sell pressure on Binance will higher as the date close to last trading day. Though, Binance delist them, you maybe able to sell them on other exchanges. You may able to buy low and sell high on other exchanges, after several days.
Warnings! ☝️
Crypto Trading involves risks and risk will be higher if you are planing to handle tokens which are going delist by Binance. Many tokens in delisting list are already seen significant losses in preceding weeks and months. So, some tokens may unable to recover from delisting sell pressures or other problems which led to delisting.
Binance Team considered many things, including the project's team commitment, trading volume and liquidity to regulatory compliance. Some tokens have demand and future opportunities, but they are not convenient to continue selling on centralized exchanges. Knowing more about each particular token will help you a lot in strategizing your trades. So don't forget to #DYOR !!
Comment your opinion on those tokens which are going to delist on 28th Oct!
#DelistingAlert #Write2Earn
There are several things you can do with them:
Shorting : These tokens price are most likely to be plunged. You can make money by #shorting . But nothing is granteed in the market.
Buying : Delisting does not mean the token and project are completely over. They just do not meet Binance Exchange's criteria anymore. But most traders will sell because they are delisted from top exchange and they lost liquidity. On the other hand, it means you can buy them #AllTimeLows , which means great growth opportunity if you can bet.
Arbitrage : Binance will continue allows you to withdraw them until 28th October, but they may be convert to stablecoin automatically in 29th Oct. Some trading services will be stopped early, so their prices will be impacted earlier. Future positions will automatically settled on 20th Oct. Sell pressure on Binance will higher as the date close to last trading day. Though, Binance delist them, you maybe able to sell them on other exchanges. You may able to buy low and sell high on other exchanges, after several days.
Warnings! ☝️
Crypto Trading involves risks and risk will be higher if you are planing to handle tokens which are going delist by Binance. Many tokens in delisting list are already seen significant losses in preceding weeks and months. So, some tokens may unable to recover from delisting sell pressures or other problems which led to delisting.
Binance Team considered many things, including the project's team commitment, trading volume and liquidity to regulatory compliance. Some tokens have demand and future opportunities, but they are not convenient to continue selling on centralized exchanges. Knowing more about each particular token will help you a lot in strategizing your trades. So don't forget to #DYOR !!
Comment your opinion on those tokens which are going to delist on 28th Oct!
#DelistingAlert #Write2Earn