• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Adds STMX and TROY to Monitoring Tag, CVX and SUN Exit

user avatar

by Giorgi Kostiuk

a year ago

Binance has announced adjustments to its Monitoring and Seed Tags, effective January 2, 2025. These updates aim to maintain a secure and transparent trading environment on the platform.

Changes in Binance Tags

The changes include adding StormX (STMX) and TROY (TROY) to the Monitoring Tag list, while Convex Finance (CVX) and Sun (SUN) will be removed. Additionally, the Seed Tag will be removed from Arkham (ARKM), Blur (BLUR), Jito (JTO), and Celestia (TIA). These decisions are based on Binance’s periodic project reviews and aim to align with its listing criteria.

Importance of Monitoring and Seed Tags

Tokens with a Monitoring Tag are considered high-risk due to increased volatility and market uncertainties. They undergo regular evaluations to ensure they meet Binance’s standards. Failure to meet these standards could result in delisting.

Binance's Periodic Project Reviews

Binance regularly reviews projects to ensure compliance with platform standards. These reviews help keep tokens traded on the platform up-to-date and secure, providing investors with the necessary information to make informed decisions.

The updates to Binance's tags affect users' investment decisions by providing clearer insights into the risks and stability of each token.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

UK Prime Minister Keir Starmer Opposes US Tariffs on Denmark

chest

UK Prime Minister Keir Starmer publicly opposed proposed US tariffs on Denmark, citing concerns over negative impacts on the UK economy and the importance of stable international relationships.

user avatarKenji Takahashi

SkyMoneySpark: Innovative Stablecoin Lending

chest

SkyMoneySpark allows users to mint stablecoins against their collateral, offering competitive rates set by governance votes.

user avatarGustavo Mendoza

Aave: The Leading DeFi Lending Platform

chest

Aave dominates the DeFi lending space, being the largest decentralized lending service with a significant market share. It offers competitive borrowing rates and allows users to retain full control over their assets, making it an ideal choice for those comfortable with DeFi mechanics and seeking a transparent lending experience.

user avatarMaria Fernandez

India's Digital Rupee Pilot Gains Popularity

chest

India's e-rupee pilot program has successfully attracted around 7 million retail users since its launch in December 2022.

user avatarLuis Flores

Maxi Doge Combines Meme Culture with Structured Investment

chest

Maxi Doge has raised over four million dollars in its presale, combining meme culture with structured investment opportunities.

user avatarRajesh Kumar

Solana Founder Addresses Validator Count Dispute Amid Decentralization Fears

chest

A viral post claimed Solana lost 84 validators, but founder Anatoly Yakovenko clarified the actual drop is 20, linked to the end of a subsidy program.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.