Binance Announces One-Way Altcoin Transfers on April 22

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Binance, one of the biggest crypto exchanges in the world, is introducing a new feature that allows users to transfer certain altcoins from Alpha accounts to spot accounts. This transfer is one-way only, meaning once you move the coins, you can’t move them back.

The transfer window is set for April 22, 2025, from 11:00 AM to 3:00 PM (UTC). If you're holding any of the listed altcoins, make sure to act during this time.


Which Coins Are Involved?

The transfer will apply to the following altcoins:

  • BIGTIME

  • VIRTUAL

  • ONDO

  • TUT

  • MUBARAK

There are also some name changes happening. For example:

  • BROCCOLI will be renamed to BROCCOLI714

  • CHEEMS will become 1000CHEEMS

These updates will change how the coins appear and possibly how they trade on the platform.


New Trading Rules After the Transfer

After moving the coins to spot accounts:

  • Most of them can be traded normally.

  • However, MONKY will be limited to withdrawals only — meaning you can take it out of your account, but you can’t trade it.

Binance is making this change to encourage more trading on spot markets and make things easier for users.


Why This Matters

This update is important because:

  • It's a one-time chance to move your altcoins to a more active trading account.

  • Once the transfer is done, you can’t move them back to Alpha accounts.

  • If you don’t act during the window, you might miss out on new trading options or rebranded coins.


What You Should Do

If you hold any of these altcoins in an Alpha account:

  1. Mark your calendar for April 22, 2025.

  2. Make the transfer between 11:00 AM and 3:00 PM UTC.

  3. Plan ahead so you're ready for new trading options and name changes.

Binance suggests being quick and careful during the time window to avoid any issues.


Final Thoughts

Binance’s move aims to increase activity on spot trading and make things more streamlined for users. By acting early and staying informed, you can take full advantage of this change.

#Binance #AltcoinTransfer #CryptoUpdate #BinanceNews 

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