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Cryptocurrency News Articles
Binance Expands Monitoring Tag to More Tokens Including BLZ, CLV, KEY, PROS, VITE, and Removed the Seed Tag for PENDLE and SEI
Oct 03, 2024 at 06:03 pm
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
Binance has updated its token tags, expanding the Monitoring Tag to include five more tokens and removing the Seed Tag for two tokens. Here's a summary of the changes:
Monitoring Tag Expanded
Five tokens have been added to the Monitoring Tag list: BLZ, CLV, KEY, PROS, and VITE.
These tokens will now be subject to regular reviews due to their higher risks.
To trade these tokens, users will need to take a quiz every 90 days.
If the risks are found to be increasing, delisting is a possibility.
Seed Tag Removed
The Seed Tag has been removed for two tokens: PENDLE and SEI.
This indicates that these tokens have shown improved stability and are being regularly reviewed to ensure they meet Binance's listing standards.
Tokens with the Seed Tag are typically newer projects that come with higher risks.
Removing this tag signifies that PENDLE and SEI have now met Binance's listing criteria.
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