Binance put 10 altcoins in the bag.

Binance issued a risk warning regarding altcoins that have undergone significant changes in their token economies and supplies. The statement included 10 altcoins on the list, including Chiliz ($CHZ ) and Iota ($IOTA ).

Crypto investors have complained about many altcoins. Binance has created a new system based on the feedback from platform users. The system in question will issue warnings about risky assets and try to prevent investors from being victimized.

The world's largest cryptocurrency exchange in terms of trading volume said the following in an announcement published on its website:

"We have heard your concerns and are taking action to increase transparency regarding tokens that have undergone significant changes in their token economies and supplies."

According to the statements, Binance will issue warning notifications and banners for risky tokens starting October 1. The system will focus on cryptocurrencies that have undergone significant changes to their token economics in the last 18 months. Users will need to opt in to receive notifications about these tokens.

The list includes the following altcoins:

Travala (AVA)

Chiliz (CHZ)

Enjin Coin (ENJ)

IOTA (IOTA)

Lisk (LSK)

Metal DAO (MTL)

Orion (ORN)

Self Chain (SLF)

Solar (SXP)

Vanar Chain (VANRY)

The exchange said in a statement:

“Going forward, listed tokens that have undergone significant changes to their tokenomics or a significant increase in token supply will also be subject to the risk alert banner and pop-up notification. Binance is committed to building a transparent and sustainable crypto ecosystem. We believe these measures will help users make more informed decisions and encourage long-term growth within the community.”

#KIP #KIPprotocol #CryptoDeNostradame #MOGUL #MogulProdustions