Binance extends its “Monitoring Tag” to include more crypto tokens.
The exchange adds BLZ, CLV, KEY, PROS, and VITE to the Monitoring Tag.
Tokens under the Monitoring Tag are subject to extensive scrutiny and risk delisting.
Binance will soon place more crypto tokens under its “Monitoring Tag.” In a recent announcement, the crypto exchange stated that Bluzelle (BLZ), CLV (CLV), SlefKey (KEY), Prosper (PROS), and VITE (VITE) will be added to the Monitoring Tag on Thursday, October 3.
Binance explained to its users that the listed tokens will be monitored closely by the team and will be reviewed regularly. The crypto exchange emphasized that tokens under the Monitoring Tag are more volatile and risky than other crypto tokens listed on the platform.
Furthermore, Binance warned that tokens in this category risk delisting, as they may no longer meet the crypto exchange’s listing criteria. In the meantime, these tokens will be harder to access. To trade them, users must pass quizzes every 90 days on the Binance spot and Binance Margin platforms.
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