In a recent announcement, Binance, the largest cryptocurrency exchange, revealed its decision to delist the altcoin REEF from futures. The delisting comes with the closure of all positions in the REEF/USDT perpetual contract and an automatic settlement on January 22, 2025. Users are advised to close their open positions before the exchange exit time to avoid automatic closing. Additionally, users will not be able to open new positions for the REEF/USDT contract starting from January 22, 2025. Following this news, the price of REEF experienced a 15% drop. It is important to note that the provided information does not constitute investment advice.



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