The crypto currency exchange Binance announced the tokens to be included in the scope of monitoring tags and seed label (Seed Tag) in line with periodic reviews. This update, which will be valid as of April 3, 2025, involves re -classification of certain tokens by high volatility and risk levels.
Which subcoins added to the monitoring list?
Binance, in line with his latest evaluations, includes some tokens within the scope of the monitoring label, while he announced that he would remove the Seed (Seed) label for some tokens. The update will enter into force on 3 April 2025. Binance will be included in the monitoring label below:
- Ardor (Ardr)
- Biswap (BSW)
- Flamingo (FLM)
- LTO Network (LTO)
- NKN (NKN)
- PlayDapp (PDA)
- PERPETUAL PROTOCOL (PERP)
- Viberate (VIB)
- Voxies (Voxel)
- Wing Finance (WING)
Seed tag will be removed from the tokens below:
- Jupiter (JUP)
- Starknet (Strk)
- Toncoin (ton)
What is the monitoring tag?
Tokenlar with the monitoring label contain higher volatility and risks than other listed token. The stock market says that it is closely monitored by following these tokens and regularly examined them. Tokenlar with the monitoring label are at risk of removing the platform if they do not meet the specified listing criteria.
In order for stock exchange users to be able to tract the monitoring label or token tags, they need to pass an exam on the platforms of Binance Spot or Binance Margin every 90 days and accept the conditions of use. This exam is organized to ensure that users are aware of the risks of relevant risks before trading with such tokens.
What criteria does stock market projects evaluate?
Binance carries out regular project reviews for the monitoring label and tokenlar subject to Seed label. The following criteria are taken into consideration during the evaluation:
- The commitment of the project team
- Level and Quality of Development Activities
- Process Volume and Liquidity Status
- The security of the network and its resistance to attacks
- Public communication, community interaction and transparency
- The level of Binance’s response to periodic review requests
- Behaviors for unethical or fraud
- New changes in regulatory requirements
- Significant or unjustified increases in token supply
- The effects of changes in the ownership structure or core team members of the project
- Community feedback
Binance said that other services related to the tokens mentioned above will not be affected by this update.
