Binance announced that it will extend the Monitoring Tag to include additional tokens such as BAL, CTXC, CVP, CVX, DOCK, HARD, IRIS, MBL, POLS, SNT, and SUN, and will remove the tag for MLN and ZEN effective from 2024-07-01. The Monitoring Tag is used to identify tokens with notably higher volatility and risks, requiring users to pass a quiz every 90 days to trade these tokens. Regular reviews are conducted to assess if tokens meet the listing criteria, which includes factors like team commitment, development activity, trading volume, and network stability.

CTXC

POLS

DOCK

HARD

IRIS

This is a general announcement. Products and services referred to here may not be available in your region.Fellow Binancians,Based on recent reviews, Binance will extend theto include more tokens on 2024-07-01.The tokens to be added to the Monitoring Tag list are:The tokens to be removed from the Monitoring Tag list are:Tokens with the Monitoring Tag exhibit notably higher volatility and risks compared to other listed tokens. These tokens are closely monitored, with regular reviews conducted. Keep in mind that tokens with the Monitoring Tag are at risk of no longer meeting our listing criteria and being delisted from the platform.To gain trading access to tokens marked with the Monitoring Tag, users will need to pass the quiz every 90 days on the Binance Spot and/or Binance Margin platforms, and accept the. The quizzes are set up to ensure users are aware of the risks before trading tokens with the Monitoring Tag. Users may find the Monitoring Tags on the corresponding Binance Spot and Binance Margin trading pages, as well as on thepage. A risk warning banner will also be displayed for all tokens with the Monitoring Tags.Binance will conduct periodic project reviews and decide if the Monitoring Tag should be added to or removed from tokens as per its latest findings. These criteria are considered during the review:Commitment of team to projectLevel and quality of development activityTrading volume and liquidityStability and safety of network from attacksNetwork / smart contract stabilityLevel of public communicationResponsiveness to our periodic due diligence requestsEvidence of unethical/fraudulent conduct or negligenceContribution to a healthy and sustainable crypto ecosystemPlease note:Other services related to the aforementioned tokens will not be affected.The Monitoring Tags for the aforementioned tokens will be updated shortly after the publishing of this announcement.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.Thank you for your support!Binance Team2024-07-01Find us onBinance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see ourand.

Binance to Update Monitoring Tag for Several Tokens Effective July 2024