Vechain [VEN]: Digital assets ‘vanish’ from Binance, users panic

Home » News » Vechain [VEN]: Digital assets ‘vanish’ from Binance, users panic
July 25, 2018 by
Vechain [VEN]: Digital assets ‘vanish’ from Binance, users panic

On July 19, cryptocurrency exchange Binance announced on their internet site and also tweeted regarding VEN/VET Mainnet Swap.
Binance educated back then that the down payments and withdrawals of VEN will certainly be put on hold beginning with July 22, 0:00 AM (UTC). They wrote, “Please guarantee that you leave sufficient time for your VEN down payments to be completely refined before this time.”

Binance also discussed that the trading will certainly be stopped in all VEN trading sets on July 23. Trading to open for the new VET/BTC, VET/ETH, VET/BNB and also VET/USDT trading sets on July 25 at 4:00 AM (UTC). Deposits as well as withdrawals for VETERINARIAN will likewise open up during that time.

See also: Here’s why Binance is planting roots in smaller countries

Nevertheless, customers took to Twitter mentioning concerning sudden loss of their digital symbols from their budget on July 24. Among the Twitter individual, Nostradacoin tweeted, “My $VEN is not in my wallet? I hope I get my $VETERINARIAN before you open trading.”
SimonjonesLDN, another Twitter customer wrote: “Hey. That’s fantastic. However simply examined my funds and also my VEN have entirely vanished and I cannot see any type of VET. Is this normal? And when will my VETERINARIAN show up? Thanks.” An additional Twitter individual, Alandegaray, claimed: “I had VEN as well as my funds go away. Are they going to exist tomorrow?”

While Twitter users were going berserk regarding just what’s happening as well as why their coins ‘went away’, it appeared like redditors were cognizant of the factor. They were, in fact, very amazed that people typically aren’t aware.
Redditor, Lewislewis70 uploaded: “Tell me regarding it. I enjoy VEN however it genuinely surprises me just how people place loan into something yet have no concept just what’s happening even though it’s a Google Search away. Shows how many individuals are spending without really doing their research.”

See also: Binance eyes setting up 3-5 local firms in South Korea this year – report

While another Redditor specified: “People who are holding long term aren’t always mosting likely to take notice of the flooding of info that distributed daily. Not like there will be any type of genuine distinction between VeChain on Ethereum vs Thor.”
To describe just what’s going on, a Twitter customer composed, “… Binance is busy with the 1:100 swap. So tomorrow you don’t have VEN any longer, yet you will have VETERINARIAN. Instance: if you had 1000 VEN, tomorrow you have 100.000 VETERINARIAN. Download there official wallet (@vechainofficial) pinned message.”

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