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Cryptocurrency News Articles
Binance Expands Its Monitoring Tag List, Adding Ardor (ARDR), Biswap (BSW), Flamingo (FLM), LTO Network (LTO), NKN (NKN), PlayDapp (PDA), Perpetual Protocol (PERP), Viberate (VIB), Voxies (VOXEL), and Wing Finance (WING)
Apr 05, 2025 at 04:38 am
This move reflects Binance's ongoing effort to maintain a high-quality trading environment by monitoring projects for activity, team commitment, liquidity, and adherence to regulatory requirements.
Binance, the world’s largest cryptocurrency exchange, has expanded its Monitoring Tag list, potentially putting several altcoins closer to delisting.
According to Wu Blockchain and Binance’s own blog update on April 3, the exchange will label 10 additional crypto assets with the Monitoring Tag.
The move signals that these tokens are under close scrutiny and may be removed if they fail to meet listing standards.
The tokens added to the Monitoring Tag list are Ardor (ARDR), Biswap (BSW), Flamingo (FLM), LTO Network (LTO), NKN (NKN), PlayDapp (PDA), Perpetual Protocol (PERP), Viberate (VIB), Voxies (VOXEL), and Wing Finance (WING).
This news comes amid Binance’s ongoing effort to maintain a high-quality trading environment by monitoring projects for activity, team commitment, liquidity, and adherence to regulatory requirements.
However, while being placed under the Monitoring Tag will not immediately remove the tokens, it serves as a warning to investors that the tokens may be at risk of delisting. Users are encouraged to exercise caution and conduct their own research.
Binance has also stated that this change will not affect trading services or other functions related to these tokens.
In addition, three projects—Jupiter (JUP), Starknet (STRK), and Toncoin (TON)—will have their Seed Tags removed.
The Seed Tag typically indicates early-stage, high-risk projects.
The removal from the Seed Tag list suggests a level of maturation or improved compliance with Binance’s criteria.
The Monitoring Tag update is part of Binance’s broader strategy to ensure user protection and platform integrity. Investors should stay informed about such updates, as tagging changes can significantly impact token visibility and market sentiment.
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