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MainNewsBinance Toke...

Binance Token Tags Updated: New Risk Labels for Traders


by Maxwell Mutuma
for CoinEdition
Binance Monitoring and Seed Tag Updates Explained
  • Binance adds STMX and TROY to Monitoring Tag, signaling heightened volatility risks.
  • CVX and SUN show improved stability as they exit Binance’s Monitoring Tag list.
  • ARKM, BLUR, JTO, and TIA transition from Seed Tag, reflecting project maturity.

Binance has announced adjustments to its Monitoring and Seed Tags, effective January 2, 2025. These updates aim to maintain a secure and transparent trading environment on the platform.

The changes include adding StormX (STMX) and TROY (TROY) to the Monitoring Tag list, while Convex Finance (CVX) and Sun (SUN) will be removed. Additionally, the Seed Tag will be removed from Arkham (ARKM), Blur (BLUR), Jito (JTO), and Celestia (TIA). These decisions are based on Binance’s periodic project reviews and aim to align with its listing criteria.

Understanding Binance’s Tag System

Tokens with a Monitoring Tag are considered high-risk due to increased volatility and market uncertainties. They undergo regular evaluations to ensure they meet Binance’s standards. Failure to meet these standards could result in delisting.

Read also: Crypto Price Watch: TON, NOT, XRP, BLUR, DOGS Show Mixed Signals

Meanwhile, the Seed Tag…

The post Binance Token Tags Updated: New Risk Labels for Traders appeared first on Coin Edition.

Read the article at CoinEdition

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Binance Token Tags Updated: New Risk Labels for Traders


by Maxwell Mutuma
for CoinEdition
Binance Monitoring and Seed Tag Updates Explained
  • Binance adds STMX and TROY to Monitoring Tag, signaling heightened volatility risks.
  • CVX and SUN show improved stability as they exit Binance’s Monitoring Tag list.
  • ARKM, BLUR, JTO, and TIA transition from Seed Tag, reflecting project maturity.

Binance has announced adjustments to its Monitoring and Seed Tags, effective January 2, 2025. These updates aim to maintain a secure and transparent trading environment on the platform.

The changes include adding StormX (STMX) and TROY (TROY) to the Monitoring Tag list, while Convex Finance (CVX) and Sun (SUN) will be removed. Additionally, the Seed Tag will be removed from Arkham (ARKM), Blur (BLUR), Jito (JTO), and Celestia (TIA). These decisions are based on Binance’s periodic project reviews and aim to align with its listing criteria.

Understanding Binance’s Tag System

Tokens with a Monitoring Tag are considered high-risk due to increased volatility and market uncertainties. They undergo regular evaluations to ensure they meet Binance’s standards. Failure to meet these standards could result in delisting.

Read also: Crypto Price Watch: TON, NOT, XRP, BLUR, DOGS Show Mixed Signals

Meanwhile, the Seed Tag…

The post Binance Token Tags Updated: New Risk Labels for Traders appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Base TVL Rises $557 Million On Binance.US Integration For ETH and USDC Transactions

Base TVL Rises $557 Million On Binance.US Integration For ETH and USDC Transactions

Base, a layer-two blockchain developed by Coinbase, has seen a significant surge in T...
Binance’s CZ and Bloomberg Continue to Clash Over Crypto Advisory Reports

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Changpeng “CZ” Zhao is having another public dispute with Bloomberg over his recent e...