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One of the world’s largest cryptocurrency exchanges Binancehas made a remarkable decision regarding the cryptocurrency called Helium (HNT), which has many investors in Turkey. In the statement of
One of the world’s largest cryptocurrency exchanges Binancehas made a remarkable decision regarding the cryptocurrency called Helium (HNT), which has many investors in Turkey. In the statement of the platform, HNT has been delisted. It has been announced that it will be partially scrapped.. In other words, Helium will not be listed on Binance in the future and will not be traded in any way.
Looking at the statement on Binance’s official announcement channel, we see that Helium is available in both cross and margin and spot trades. will be limited We see. In this context; HNT will be exchanged for Bitcoin (BTC) and Tether (USDT) in the coming days. cannot be sold. Getting together; Let’s take a closer look at all the details about this decision, which concerns many investors.
Binance’s decision for HNT is of great importance to the investor. Because investors do cross and margin trades from October 12 and spot trades from October 14. will face limitations. So which trading pairs is Helium open to on Binance?
When you want to trade spot on HNT; You can use the following trading pairs:
In this case; Investors holding HNT after October 14 only HNT/BUSD can sell with. The cryptocurrency called BUSD is Binance USD. So Binance is indexed to the dollar stable currency.
When you want to trade cross and margin on HNT, you can use the following trading pairs:
In this case, we can make the following comment. HNT for Cross and Margin Trading on Binance Starting October 12 not available.
If you are a Helium investor; You must trade as per Binance’s statement and keep your open trades. you have to close. Otherwise, your instructions will be sent by Binance. will close automatically.
In recent years, seriously sonorous Helium was a cryptocurrency project that caught the attention of investors. The goal of the team, which includes executives from the most well-known technology companies such as Electronic Arts, was to set up a global internet network. All products, from cars to smart home appliances, would connect to this network with 5G support, so no internet service providers would be needed. In addition, war or government decisions, such as restricting the internet, also affect the system. does not affectInternet access would be permanent.
It can be said that the project has started as planned. Investors buying modems, antennas and cables for up to $1,000 are crypto mining because they help expand the network. HNT started earning. The Helium network has grown so fast in a short time that even the development team didn’t expect so much attention. explained. In fact it got messy after that.
The Helium network has spread around the world as follows:
Helium managers have created literal chaos as of August 2022. So some similarities not really popped up. In addition, rumors began to circulate that the promises made to the miners were not being fulfilled. Several ‘cheats’ appeared in the system, and due to the lack of these cheats, monthly Winner $15-20 an investor began to feel happy. (Let’s remind you again that the investment is at the $1,000 level.)
Unlike investors, the management team huge profit began to provide Naturally, the modern manufacturing companies also got their share of this pie. As if that wasn’t enough, one of the big wallets Owned by the husband of the CEO of Helium allegations emerged. As such, Helium began to get on the agenda with scandal rather than the technology it offered. Binance stopped ignoring this situation and partial removal decision looks like he has it. If the scandals continue, so will Helium’s last trading opportunity on Binance that you can lose we can say…
Remark: This article should not be considered investment advice.
Source: Web Tekno
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
