Home / Blog / Binance force selling the FTX tokens is very unethical. : CryptoCurrency

Binance force selling the FTX tokens is very unethical. : CryptoCurrency

Binance force selling the FTX tokens is very unethical. : CryptoCurrency

On the 31st of March Binance is going to promote your FTX tokens in your behalf for those who do not do it your self, or for those who do not withdraw the tokens from the trade.

This is very unethical as a result of when exchanges usually delist a token they do not force promote them. They go away them in your pockets so that you can withdraw a lot after the delisting. Binance is going to make lots of people lose cash with this motion. We are speaking about 95% of their preliminary shopping for value.

They solely gave individuals four days discover. This is unprecedented. Even after they wished to delist BSV they gave individuals greater than three months to withdraw https://binance.zendesk.com/hc/en-us/articles/360026666152 But for some unknown cause they are going to truly force you right into a loss after solely four days discover. You could also be in poor health, chances are you’ll be too busy to seek out out, chances are you’ll not have a spot to withdraw the tokens; Binance would not care. And they gives you their very own Binance USD token for it!

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