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Update on Trading Suspension for GYEN

Binance
2021-05-12 12:22
Fellow Binancians,
In order to protect our users, Binance has suspended trading for all GYEN trading pairs starting from 2021-05-12 11:15 AM (UTC) due to insufficient liquidity and abnormal volatility of GYEN’s price. A further announcement will be posted once trading is resumed. Deposits and withdrawals will not be affected during this period. We apologize for any inconvenience caused and thank you for your patience.
Please note: GYEN is a stablecoin that is 1:1 pegged to the Japanese Yen.
For more information, please refer to our previous announcements:
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2021-05-12
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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