This is a routine announcement and the products and services discussed in this announcement may not be available in your area.

Dear User:

Based on recent audits, Binance will add watch tags to more coins on July 1, 2024.

The tokens added to the watch list are as follows:

  • Balancer（BAL）

  • Cortex（CTXC）

  • PowerPool（CVP）

  • Convex Finance（CVX）

  • Dock（DOCK）

  • Kava Lend（HARD）

  • IRISnet（IRIS）

  • MovieBloc（MBL）

  • Polkastarte（POLS）

  • Status（SNT）

  • Sun(SUN)

The tokens that have been removed from the watch list are as follows:

  • Enzyme（MLN）

  • That was

Tokens with watch labels may have higher volatility and risk than other listed tokens. We will closely monitor and review them continuously. Please be aware that trading these tokens with watch labels is risky. These tokens no longer meet the standards they were listed on our platform and may be delisted.

Users need to pass a quiz and accept the Terms of Use on the Binance Spot and/or Binance Margin platforms every 90 days to gain access to tokens marked with the watch label. The quiz is designed to ensure that users understand the associated risks when trading tokens marked with the watch label. Users can view the watch label on the corresponding Binance Spot and Binance Margin trading pages, as well as the market overview page. Binance will also display a risk warning banner for all tokens marked with the watch label.

Binance will conduct regular project audits and decide whether to add or remove a token under watch based on the latest findings. The following factors will be considered during the audit:

  • Team commitment to the project

  • Level and quality of project progress

  • Trading Volume and Liquidity

  • Protect against attacks and maintain network stability and security

  • Network/smart contract stability

  • Community maintenance

  • Responding to Binance’s regular review of positivity

  • Unethical/fraudulent behavior

  • Contribution to the construction of the entire blockchain ecosystem

Please note:

  • Other services related to the above tokens will not be affected;

  • The watch tags for the above tokens will be updated shortly after this announcement;

  • There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.

Thank you for your long-term support and love for Binance. We will continue to build the blockchain ecosystem in an open, transparent and sustainable manner.

Thank you for your support of Binance!

Binance Team

July 01, 2024

Note: This announcement updated the project name “Horizen (ZEN)” on July 3, 2024.