This is a routine announcement and the products and services discussed may not be available in your area.
Dear User:
Based on recent audits, Binance will add watch tags for more tokens and remove seed tags for certain tokens on October 03, 2024.
The tokens added to the watch list are as follows:
Bluzelle(PAGE)
CLV(CLV)
SelfKey(KEY)
Prosper(PROS)
FAST(FAST)
The tokens removed from the seed tag list are as follows:
Pendle(PENDLE)
You are(SIX)
Tokens with Watch Tags These tokens may have higher volatility and risk than other listed tokens. We will closely monitor and review them continuously. Please be aware that trading tokens with Watch Tags is risky. These tokens no longer meet the standards they were listed on our platform. If they do not improve, they may be delisted. At the same time, the Seed tag is suitable for innovative project tokens, which may have higher volatility and risk than other listed tokens.
Users need to pass the corresponding test and accept the terms of use every 90 days on Binance Spot and/or Binance Margin platforms to obtain the right to trade tokens marked with the watch label or seed label. The test is designed to ensure that users understand the risks associated with trading tokens marked with the watch label or seed label. Users can check the watch label and seed 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 and seed 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 and seed 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 continued 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!
Binance Team
October 03, 2024