Binance takes action! These altcoins are under surveillance, and they may be delisted! ?
Binance issued a statement today that these altcoins are under surveillance, including Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarter (POLS), Status (SNT), and Sunday (SUN), all of which have been included in the special watch list.
Compared with other coins, these monitored altcoins are highly volatile and risky.
Binance will keep an eye on their dynamics and conduct regular reviews and assessments. If the review fails, it will be delisted!
The review criteria look at the performance of the project team, trading activity, market liquidity, network and smart contract stability, and contribution to the cryptocurrency ecosystem.
In addition, Enzyme (MLN) and Horizon (ZEN) have met the standards and have been removed from the monitoring list.
Users who want to trade altcoins with monitoring tags must complete a specific test every 90 days.
At the last update, the total number of monitored altcoins exceeded 30!
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