Binance Updates Monitoring and Seed Tag List - October 3, 2024

On October 3, 2024, Binance announced adjustments to its Monitoring and Seed Tag lists following recent reviews.

Tokens Added to the Monitoring Tag List:

Bluzelle (BLZ)

CLV (CLV)

SelfKey (KEY)

Prosper (PROS)

VITE (VITE)

Tokens Removed from the Seed Tag List:

Pendle (PENDLE)

Sei (SEI)

What This Means:

Monitoring Tag: Tokens in this category are considered highly volatile and risky. Binance closely monitors these tokens, and they could face delisting if they no longer meet the platform's criteria.

Seed Tag: These represent newer, innovative projects that also carry higher risks and volatility but offer potential growth opportunities.

Trading Requirements:

To trade tokens with either tag, users must pass quizzes every 90 days and accept the Terms of Use on the Binance Spot and Margin platforms. Risk warnings will be displayed for these tokens.

Review Criteria:

Binance reviews factors such as project commitment, development activity, liquidity, network security, and public communication to decide if tokens should be added or removed from these lists.