Binance Announces Monthly Monitoring Tag Reviews, Enhancing Transparency for Risky Tokens
- Binance now reviews Monitoring Tag additions monthly to enhance transparency and risk management.
- High-volatility tokens face increased scrutiny, with potential delistings based on strict criteria.
- BADGER, BURGER, AST, AERGO, ALPACA, and five more tokens will have the tags.
Binance exchange has announced a key change to its Monitoring Tag system. Starting March 4, 2025, the platform will switch to a monthly review cycle for adding new tokens to the Monitoring Tag list.
Binance explicitly stated in the announcement that community feedback influenced the decision to switch to a monthly schedule. This helps traders expect changes better and make smarter decisions.
Binance Monitoring Tag System Explained
The Monitoring Tag is for tokens that show much higher volatility and risk than other listed assets. Binance keeps a close watch on these tokens, checking their strength against certain criteria.
Traders wanting to invest in these assets must pass a quiz every 90 days to prove they understand the risks. Tokens with this tag could be delisted if they don’t meet Binance’s standards.
Related: Pi Coin 40% Surge: Binance Listing Fuels $4 Price Target Ta…
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Binance Announces Monthly Monitoring Tag Reviews, Enhancing Transparency for Risky Tokens
- Binance now reviews Monitoring Tag additions monthly to enhance transparency and risk management.
- High-volatility tokens face increased scrutiny, with potential delistings based on strict criteria.
- BADGER, BURGER, AST, AERGO, ALPACA, and five more tokens will have the tags.
Binance exchange has announced a key change to its Monitoring Tag system. Starting March 4, 2025, the platform will switch to a monthly review cycle for adding new tokens to the Monitoring Tag list.
Binance explicitly stated in the announcement that community feedback influenced the decision to switch to a monthly schedule. This helps traders expect changes better and make smarter decisions.
Binance Monitoring Tag System Explained
The Monitoring Tag is for tokens that show much higher volatility and risk than other listed assets. Binance keeps a close watch on these tokens, checking their strength against certain criteria.
Traders wanting to invest in these assets must pass a quiz every 90 days to prove they understand the risks. Tokens with this tag could be delisted if they don’t meet Binance’s standards.
Related: Pi Coin 40% Surge: Binance Listing Fuels $4 Price Target Ta…
The post Binance Announces Monthly Monitoring Tag Reviews, Enhancing Transparency for Risky Tokens appeared first on Coin Edition.
Read More