The #DelistingNotice caused lots of discontent yesterday.

$REN and $KEY holders were caught flat-footed.

After receiving a lot of comments to my post about this, I thought I make a little series of posts about this topic, DELISTINGS, to help fellow binanace users to avoid such losses.

The 1st post today will look at what binance does to make sure users understood the risks of tokens that the are marked with the monitoring tag.

The 2nd post will look into common long term chart patterns that can be indications to know beforehand that a token will either receive the monitoring tag or worse, gets the delisting notice.

👉To dive into the first topic I created a screenshot of the user dialog that is shown when opening the trading view of a token with the monitoring tag. Users currently have to take a quiz containing four questions to prove their understanding of the monitoring tag. See the end of this post for the screenshot.

Especially the last two questions should be an urgent warning to everyone entering trading or having investing ambitions on such a token. There the following answer has to be selected to be able to begin trading:

"Yes I am aware that I might incur losses or even a total loss [...] by trading tokens marked with 'Monitoring'."

But still it happens that users get caught in such loss scenarios like yesterday. What else could binance do to make users aware of the risks? Probably show this quiz regularly instead of just once? Or by sending monthly reminders to holders, emphasizing that they are holding a token in risk of being delisted. What are your ideas?