Binance Announces Addition and Removal of Altcoins

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

Binance, known as the world's largest cryptocurrency exchange, commenced the new day and week by revealing updates about altcoins. In its latest communication, Binance disclosed information regarding 13 altcoins. The announcement clarified that 2 altcoins were taken off the watch list, while 11 new altcoins were included in the monitoring list. These changes signify a strategic shift in the altcoin selection process. The newly added altcoins to the watch list are BAL, CTXC, CVP, CVX, DOCK, HARD, IRIS, MBL, POLS, SNT, and SUN. Conversely, the altcoins that have been removed from the watch list are MLN and ZEN.

In the announcement, Binance emphasized the upcoming expansion of the Tracking Tag to encompass additional tokens from a specified date. The tokens slated to be incorporated into the Tracking Tag list are Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarter (POLS), Status (SNT), and Sun (SUN). Simultaneously, the tokens Enzyme (MLN) and Horizon (ZEN) will be excluded from the Tracking Tag list. Notably, altcoins bearing the Tracking Tag exhibit heightened volatility and risk compared to other listed altcoins. Binance's vigilant monitoring and periodic reviews ensure compliance with stringent listing criteria. Noteworthy is the cautionary remark that tokens with Tracking Tags face potential delisting if they fall short of platform standards.

This communication does not constitute investment advice.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19

CME Group has scheduled the introduction of Bitcoin Cash and Uniswap futures for October 19, providing institutional traders with more cryptocurrency markets.

user avatarRajesh Kumar

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.

user avatarMiguel Rodriguez

International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.

user avatarLuis Flores

Stablecoin Payment Transactions Surge Despite Flat Supply

A new report reveals a significant increase in stablecoin payment transactions, contrasting with stagnant supply levels.

user avatarArif Mukhtar

MARA Holdings Transfers 1,000 BTC to Exchanges Amid Market Scrutiny

MARA Holdings has transferred approximately 1,000 BTC to Binance and Gate over the past five days, raising questions about its treasury movements.

user avatarDavid Robinson

CryptoBilis Case Exposes Vulnerabilities in Hardware Wallets

The CryptoBilis case reveals vulnerabilities in hardware wallets, leading to $90 million in losses due to tampered devices.

user avatarMaria Gutierrez

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.