Quote from: goaldigger on Today at 08:33:47 PM

Quote from: Realgogo on February 20, 2024, 06:59:04 PM

What happens when a coin is suspended? How long does it take for binance to release from suspension? Especially from conversion.

This will depend on the issue of the coin and of course depends on the terms of the exchange, if you think that coin can still be activated on that exchange then you can wait until the exchange lifted the suspension but no one can tell when aside from them. If your are holding a coin that will be suspended better to make a move early and withdraw that coin as soon as possible so you can still access your money.

On my end, if I am holding such coin and there is a suspension, I would go to the social media channel of this project because you will know the possible reasons why the exchange is suspending them. There will be discussions for sure, so you can get insights if it will be temporary or possibly there's no chance of resolving it.

When you get the possible angles on what's happening, you can easily act on it. If you think it will be a possible warning that the coin has deep problems, you can get out of your coins and find other exchanges that are still trading the coin. Get rid of it as soon as possible. At least, get something out of it before it declines its value in the market without the possibility of recovering from the situation.