Binance adds 4 coins to warning list

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Recently, Binance announced that it will attach a Monitoring tag to 4 coins and put them under observation. This increases the risk of delisting for these 6 coins.

binance delist

Specifically, the 4 projects added with a Monitoring Tag are:

  • Beefy (BIFI)
  • StaFi (FIS)
  • Komodo (KMD)
  • Measurable Data Token (MDT)

As Allinstation has reported, on October 4, 2023, the Binance exchange announced the addition of two new categories, "Seed Tag" and "Monitoring Tag", to warn users about trading risks.

The "Monitoring Tag" will be attached to tokens with higher risk levels and more notable volatility compared to other new tokens.

Read more: What are Binance Seed Tags & Monitoring Tags? Why do we need to pay attention to these labeled items?

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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