Binance, the world's largest cryptocurrency exchange, will add a risk warning for coins that involve significant changes to the token economy.
Binance announced on October 1st via its official website that it will add risk alerts for tokens that undergo significant tokenomics changes in order to improve platform quality and inform users.
According to the statement, starting October 1, 2024, a risk warning and pop-up notification will be displayed on the platform for such tokens. Users will need to approve the notification in order to trade these tokens.
Binance shared altcoin list
Binance said that the tokens that have experienced significant tokenomic changes in the last 18 months and therefore received warnings are:
Travala (AVA)
Chile (CHZ)
Engine Coin (ENJ)
IOTA (IOTA)
Lisk (LSK)
Metal DAO (MTL)
Orion (ORN)
Self Chain (SLF)
Solar (SXP)
Vanguard (VANRY)
Binance said it will add similar alerts to listed tokens if they experience significant tokenomic changes or supply increases. The move is intended to support long-term growth by empowering users to make more informed decisions.
Stay tuned for new information.
