News

Binance Expands Monitoring Tag To BLZ, CLV, KEY, PROS, And VITE

Key Points:

  • Binance adds BLZ, CLV, KEY, PROS, VITE to the Monitoring Tag
  • Seed Tag removed for PENDLE and SEI
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 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.

William

In the fast-paced world of day trading, I've honed my skills for over six years using technical analysis tools and crafting short-term strategies. My expertise isn't from textbooks but from the trenches of online trading communities. I excel at reading chart patterns, applying technical analysis, and mastering risk management. "The market is about probabilities," I declare. As Editor at Coincu, I empower readers with the insights and strategies to conquer the dynamic world of day trading.

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