1 min - Around 2 mins mins to read
Key Points:
- Binance adds BLZ, CLV, KEY, PROS, VITE to the Monitoring Tag
- Seed Tag removed for PENDLE and SEI ($0.14)
Binance expands monitoring Tag to more tokens including BLZ, CLV, KEY, PROS, VITE, and removed the Seed Tag for PENDLE and SEI on 2024-10-03, addressing token volatility and risk.
Binance Expands Monitoring Tag To BLZ, CLV, KEY, PROS, And VITE 2Binance Expands Monitoring Tag to More Tokens
Finally, Binance has added five more tokens to the Monitoring Tag list: BLZ, CLV, KEY, PROS, and VITE. All the mentioned tokens will undergo regular reviews due to the higher risks.
Tokens with a Monitoring Tag are very volatile and risky. To trade such assets, users are obliged to take a quiz every 90 days. In case of growing risks, delisting is possible.
Read more: Best GameFi Projects With Potential To List On Binance 2024
Seed Tag Removal for PENDLE and SEI Announced
Binance has removed the Seed Tag for PENDLE and SEI, signaling improved stability for these tokens. Regular project reviews ensure compliance with listing standards.
Tokens under the Seed Tag are newer projects with potentially higher risks. Removing this tag indicates that PENDLE and SEI now meet Binance’s listing criteria.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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