Binance announced updates to its monitoring tokens list. Five new cryptocurrencies have been added to this category, while two other projects improved their positions by shedding the Seed Tag.
Monitoring Tag Expansion
Binance has added five new tokens to the Monitoring Tag list: BLZ, CLV, KEY, PROS, and VITE. These tokens will undergo regular reviews due to high 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.
Seed Tag Removal for PENDLE and SEI
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.
Conclusion
These changes show that Binance continues to review its token control policy under increased market volatility, ensuring user security.
Updates within Binance highlight the importance of monitoring cryptocurrency assets for their sustainable development and meeting exchange standards.
