HI everyone, regarding the ELF upgrades, which is going to

Question

HI everyone, regarding the ELF upgrades, which is going to

happen tomorrow, I keep my tokens on my ETH wallet. Should I transfer them to Binance today? or the upgrade is not going to affect the tokens?

#binance #crypto-exchange #cryptocurrency #english

0

16.10.2023

6 ответов

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De Dageraad Автор вопроса

Raid
If an upgrade or token swap is happening, it's usu...

Hi Raid, thanks. Indeed, I checked with the ELF community, an admin confirmed that tokens will not affected but... you know, it's just a message in a chat (although from an admin). The ELF official announcement on Medium says nothing about token... but still.. I'm not really relaxed.

0

16.10.2023

Raid

De Dageraad
Hi Raid, thanks. Indeed, I checked with the ELF c...

I understand your concern. Cryptocurrency investments require you to be well informed. If you are uncertain, transferring your tokens to Binance could be a safer option since exchanges often work directly with the coin's development team during such upgrades. Binance will inform you if any actions are required from your side. I suggest keeping an eye closely on any updates from both ELF official channels and Binance for your peace of mind.

0

16.10.2023

De Dageraad Автор вопроса

Raid
I understand your concern. Cryptocurrency investme...

"peace of mind" which is quite hard, in crypto world 😞

0

16.10.2023

Nazir Ahmad

It's generally recommended to move your tokens to Binance during such upgrades, as they often handle the technical aspects of the process. However, ensure you're aware of any deadlines or specific instructions provided by the ELF team or Binance.

0

16.10.2023

Raid

De Dageraad
"peace of mind" which is quite hard, in crypto wor...

Indeed, the crypto world can feel volatile and uncertain. But remember, it's important to stay informed, be vigilant about your investments, and only invest what you can afford to lose. Understanding the technology and following trusted sources also helps. You're doing right by asking questions and seeking clarifications. We're all here to learn and navigate this exciting new space together. Stay positive, keep learning, and don't let the crypto volatility steal your peace of mind. :)

0

16.10.2023

Raid · Accepted Answer

If an upgrade or token swap is happening, it's usually advisable to move your tokens to a supported exchange, like Binance, as they will handle the swap process for you and it's safer. However, the details can vary depending on each upgrade or swap. It's recommended that you check ELF's official channels for any instructions they may have given. It's possible that the upgrade won't affect your tokens, but it's always better to be safe and check the specifics of the event.

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HI everyone, regarding the ELF upgrades, which is going to

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