Post
Topic
Board Altcoin Discussion
Re: Binance is cuttiung some XRP and ADA products
by
Dunamisx
on 16/12/2023, 19:48:56 UTC
Correct me if I am wrong, but only certain pairings will be removed? Or XRP and ADA will be totally out of Binance?

Would like to hear your thoughts about this guys. Thanks!

I read it. Based on my understanding its only the mentioned pairing would be removed. Theres none mentioned about the usdt pairing. As Ive seen it, they cutting some alts pairing, and I also noticed that on p2p only usdt left for buy and sell and the alts has been removed. So your friends xrp still safe in my opinion but for advise, much better using a non custodial for storing those asset he have.

I think this is only a decision from Binance only and not applicable to to other currencies or exchanges, as you've said already, the safest practice is to move ones asset away from an exchange to a non custodial wallet, this is the only safe practice i understand of for now, when anything happens to an exchange or they implement a change, you will not be affected by any chance when you're independent on them.