Post
Topic
Board Nigeria (Naija)
Topic OP
Why Binance Tokens Can Still Burn Your Portfolio
by
Alfie Liam
on 09/08/2025, 09:54:00 UTC
Binance is one of the largest cryptocurrency exchanges in the world. But in recent years, they have listed and promoted many projects that later turned out to be scams, causing thousands of investors to suffer heavy losses.
 
Over the years, Binance has delisted more projects than it has listed. The main reason for these delistings is a drop in trading volume. However, if Binance continues this way, its popularity could decline over time. I used to think that any project listed on Binance was guaranteed to be a hit, but now I feel hesitant to trade there. If I buy and hold a token, there’s always the fear that Binance might delist it.
 
That’s why we need to be careful not just trust Binance, but evaluate the project itself before buying any token.
 
Investor Advice:
 
- Don’t invest based solely on the exchange’s name look at the project’s fundamentals.
 
- DYOR (Do Your Own Research) is a must.

- For long-term investments, focus on proven assets like Bitcoin, Ethereum, BNB, and XRP.

Remember: even the biggest exchanges can make mistakes, and once your money is gone, it’s almost impossible to get it back.