Recently, Binance exchange delisted the BNB/FOR trading pair.
26 Apr 2022, 08:48
Recently, Binance exchange delisted the BNB/FOR trading pair. ForTube team noted the concerns of community members and made a brief statement as follows.
1) There were four trading pairs of FOR tokens in Binance exchange, namely FOR/BTC, FOR/BNB, FOR/BUSD and FOR/USDT. Binance exchange has informed ForTube team in advance that in view of the high slippage recently which may bring the risk to the interests of users,, Binance would remove the trading pairs of FOR/BNB based on the Risk Control and relevant standards.
2)FOR token has been listed on exchanges such as Huobi, Binance, Upbit, Gate.io and Bibox.,etc, and the trading volume is relatively diversified.
Please see CMC link for more information:
FOR token will continue to seek listing on mainstream compliant exchanges to ensure a better liquidity and security.
3) ForTube team has always been committed to product innovation, as well as higher level of compliance and decentralization. At present, ForTube platform has running without incident for more than 600 days.
4) ForTube team appreciates the concern and support of community members, and is also committed to eliminating the potential misunderstandings and building consensus. Members can submit proposals to participate in project governance through FDAO system.
PS: As one of the first five DeFi projects on the BNB chain, ForTube will also participate in the DeFi theme activity hosted by Binance in the near future.
Thanks again for your support!