Bitget Suspends SRM, SNM, and YFII Deposits to Prevent Dump?
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- Bitget announced it was suspending SRM, SNM, and YFII deposit services.
- According to Bitget, transactions will not be affected during the suspension period.
- Binance announced it will delist SRM, SNM, and YFII on Tuesday, August 22, 2023.
Bitget, a leading derivatives trading platform, announced it was suspending Sonm (SNM), Serum (SRM), and DeFi.Money (YFII) deposit services starting from August 15, 2023, until it makes a later announcement. According to Bitget, it is carrying out the suspension exercise to provide a better trading experience for users.
According to Bitget, transactions will not be affected during the suspension period, and the crypto exchange will notify the official community and make an announcement when SRM, SNM, and YFII deposit services resume.
Bitget’s announcement comes barely one hour after leading cryptocurrency exchange, Binance, announced it will delist SRM, SNM, and YFII on Tuesday, August 22, 2023. In a post on its website, Binance informed users it is delisting these crypto tokens because they no longer meet expected standards.
As a platform that lists crypto tokens, Binance notes that it periodically reviews all the …
The post Bitget Suspends SRM, SNM, and YFII Deposits to Prevent Dump? appeared first on Coin Edition.
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