Binance Announces 8 Altcoins: 2 Joined the Watchlist!

According to an official announcement made on January 2, Binance will expand its watchlists to include $STMX and $TROY , remove watchlists from $CVX and #SUN , and remove seed tags from #ARKM , #BLUR , #JTO , and #TIA . Here are all the details...

Binance announced that it will make changes to the labels of some cryptocurrencies as a result of its latest reviews. With the changes that will come into effect on January 2, 2025, some tokens will be added to the “Watchlist” list, while others will be removed from this list and the “Seed Tag” list. The tokens that will enter the Watchlist are StormX (STMX) and TROY (TROY). This label indicates that the relevant tokens carry higher volatility and risk compared to other listed tokens.

Binance will closely monitor these tokens and conduct regular reviews. It should be noted that tokens with the Surveillance Tag are at risk of being removed from the platform if they fail to meet the listing criteria. The tokens to be removed from the Surveillance Tag list were announced as Convex Finance (CVX) and Sun (SUN). The tokens to be removed from the Seed Tag list are Arkham (ARKM), Blur (BLUR), Jito (JTO) and Celestia (TIA).

Seed Tag, which replaces Binance Innovation Zone, is a tag used to classify cryptocurrencies that are generally in the early stages of development and may not yet have a working product or an established user base. For this reason, cryptocurrencies with the Seed Tag may exhibit higher volatility and investment risks compared to other tokens.

In addition to the Seed Tag, there are also cryptocurrencies under the Monitoring Tag. Tokens with the Monitoring Tag exhibit significantly higher volatility and risk compared to other listed tokens. These tokens are closely monitored with regular reviews. Please note that tokens with a Tracking Tag are at risk of no longer meeting our listing criteria and being removed from the platform.