How Crypto scams are done! Why are coins being delisted?
Assalamu Alaikum
But if the condition of the coins is good, suddenly they start selling their coins in the market without any announcement.
And sell the entire coins they have, due to the huge amount of sell pressure, the coin is down -99.
Then the community fled,
And for these problems, Exchanges have different rules for listing coins.
For example, even after Binance lists a coin, they give different rules, such as they must be active on social media like Twitter, and have Discord or such support groups so that investors can learn more about the coin, and take care of the coin, such as the project. In order to move forward, all work must be continued, such as new updates must be brought, Binance says that the project must be fully active.
Not only Binance but big markets have these rules, due to which big market coins cannot be scammed easily.
Image collect Pixabay
They give different rules to the coins to provide security to the user's fund.
I hope everyone understands, I am ending today here. Stay well everyone, stay healthy, Allah-Hafez.
https://twitter.com/RakibInsid68546/status/1791563812690137563?t=4ooIA4GsUkLztfdb4Xz0LQ&s=19
I think the topic is a very instructive one, where we can initially get an idea of why a coin is actually delisted or scammed. Also you have summarized here very nicely some of the rules of Binance that those coins have to follow. This was a great article, many thanks.
Great article, indeed we ourselves is good we try as much to get information ourselves about a project especially one that is new before investing in it so we don't suffer from things like rug pulling or when the team abandons the project.
Right Bro,I agree with You,
I came to know from your post how to delete Crypto scams are done. Moreover, I came to know about Why are coins being delisted from your post. There are some things that I have no idea about. I enjoyed reading your post today. Thanks for nicely sharing the post with us.