Digital currency exchange Binance has announced that it will be creating a comprehensive risk alert system for significant changes in altcoins. This new system will help users make informed decisions about market movements by ensuring they are careful before investing.
Binance will include altcoins that have undergone significant changes in the last 18 months in this alert system. Users will have to approve the necessary notifications before making a transaction, so they will be informed in advance of sudden fluctuations in the market. Altcoins that will be included in this system include Travala (AVA), Chiliz (CHZ), Enjin Coin (ENJ), IOTA (IOTA), Lisk (LSK), Metal DAO (MTL), Orion (ORN), Self Chain (SLF), Solar (SXP), and Vanar Chain (VANRY).
With this application, Binance aims to help users better manage their investment risks and act more consciously in the market. It also aims to create a sustainable ecosystem by increasing the reliability of the platform.
In the future, other altcoins that experience significant changes or whose supply increases significantly may also be added to this risk alert system. This step will allow Binance users to manage their portfolios more securely.
Some highlights of the new risk alert system include:
Users will need to acknowledge the warnings before taking action.
In the first stage, 10 altcoins will be included in this system.
More altcoins may be added in the future.
Other services will continue uninterrupted.
Community feedback will be taken into account.
With this innovation, Binance aims to create a more transparent and reliable environment in the cryptocurrency market. Users will be able to make more informed investment decisions with the new features offered by the platform.
