09-30-2021, 07:31 PM
Do NOT buy ALGO on Binance if you want to participate in the governance program!!
<!-- SC_OFF --><div class="md"><p>To participate in the Algorand governance program, you need to deposit your Algo in one of the supported wallets. </p> <p>Binance has conveniently disabled ALGO withdrawals a few days ago by putting it in “maintenance mode”. Up until today it said withdrawals would be re-enabled on 30 september. I just checked again and now it says 15 October. </p> <p>Maybe they’re scared of a large Algo outflow? Smells of manipulation.</p> <p>Anyway, don’t buy ALGO on Binance, you won’t be able to withdraw to the supported wallets for the governance program. Be warned!</p> <p>EDIT: the sign up period for the first period of the governance program is 1-15 Oct so they are definitely trying to screw people over</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/rpaverion"> /u/rpaverion </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pyif4i/do_not_buy_algo_on_binance_if_you_want_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pyif4i/do_not_buy_algo_on_binance_if_you_want_to/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>To participate in the Algorand governance program, you need to deposit your Algo in one of the supported wallets. </p> <p>Binance has conveniently disabled ALGO withdrawals a few days ago by putting it in “maintenance mode”. Up until today it said withdrawals would be re-enabled on 30 september. I just checked again and now it says 15 October. </p> <p>Maybe they’re scared of a large Algo outflow? Smells of manipulation.</p> <p>Anyway, don’t buy ALGO on Binance, you won’t be able to withdraw to the supported wallets for the governance program. Be warned!</p> <p>EDIT: the sign up period for the first period of the governance program is 1-15 Oct so they are definitely trying to screw people over</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/rpaverion"> /u/rpaverion </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pyif4i/do_not_buy_algo_on_binance_if_you_want_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pyif4i/do_not_buy_algo_on_binance_if_you_want_to/">[comments]</a></span>Kind Regards R