Binance, the world's largest cryptocurrency exchange, has announced changes to its Alpha token trading rules effective June 17, 2025. These changes will impact global trading operations involving Alpha tokens.
Update on Alpha Token Trading Rules
From June 17, 2025, trading Alpha tokens on Binance will no longer accumulate Alpha Points. This change aims to mitigate manipulation risks and maintain fair market competition.
Reasons and Consequences of Changes
The decision follows recent high volatility seen in ZKJ and KOGE tokens. The rule is designed to restrict manipulation and stabilize liquidity. Major cryptocurrencies like ETH and BTC remain unaffected by these changes.
Community Opinions and Reactions
The update has sparked discussions about the impact on trading rewards. Traders and liquidity providers involved with Alpha tokens will need to adjust their strategies. Currently, no significant protests or reactions from regulatory bodies have been recorded.
The changes announced by Binance may lead to a more stable market environment for Alpha tokens, reducing manipulation risks. Similar adjustments aim to sustain market health and create better conditions for fair trading practices.