đš Binance just flagged 4 tokens â and this is worth paying attention to.
Binance added $AVA, $GNS, $SCR and $TOWNS to its Monitoring Tag on Sept. 4.
What does that actually mean?
âą Binance considers these tokens higher-risk / higher-volatility than other listed assets.
âą Theyâll face closer, periodic reviews.
âą Binance can review factors like development activity, liquidity, network security, tokenomics and team commitment.
âą Most importantly: they could eventually be delisted if they no longer meet Binanceâs listing criteria.
â ïž This does NOT mean Binance is delisting them today.
But if you hold one of these tokens, this is definitely something you shouldnât ignore.
My takeaway:
Before buying an altcoin, donât just look at the chart. Check whether Binance has placed it under a Monitoring Tag.
Would you check the Binance tags before buying an altcoin?
#Binance #Crypto #Altcoins #Trading
Binance added $AVA, $GNS, $SCR and $TOWNS to its Monitoring Tag on Sept. 4.
What does that actually mean?
âą Binance considers these tokens higher-risk / higher-volatility than other listed assets.
âą Theyâll face closer, periodic reviews.
âą Binance can review factors like development activity, liquidity, network security, tokenomics and team commitment.
âą Most importantly: they could eventually be delisted if they no longer meet Binanceâs listing criteria.
â ïž This does NOT mean Binance is delisting them today.
But if you hold one of these tokens, this is definitely something you shouldnât ignore.
My takeaway:
Before buying an altcoin, donât just look at the chart. Check whether Binance has placed it under a Monitoring Tag.
Would you check the Binance tags before buying an altcoin?
#Binance #Crypto #Altcoins #Trading