Binance, the cryptocurrency exchange, has reviewed 13 altcoins and decided to remove 2 from its watchlist while adding 11 new ones.
This careful evaluation is part of their ongoing efforts to ensure the quality of assets included on their platform.
New additions to the watchlist:
– Balancer (BAL)
– Cortex (CTXC)
– PowerPool (CVP)
– Convex Finance (CVX)
– Dock (DOCK)
– Kava Lend (HARD)
– IRISnet (IRIS)
– MovieBloc (MBL)
– Polkastarter (POLS)
– Status (SNT)
– Sun (SUN)
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Tokens removed from the watchlist:
– Enzim (MLN)
– Horizon (ZEN)
Just In: Binance announced that it has added Monitoring tags to the following tokens, warning that these tokens may be delisted: Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarte… -Wu Blockchain (@WuBlockchain)
These changes are effective from July 1, 2024. It is important to note that tokens with Tracking Tags are characterized by significantly higher volatility and risk compared to other altcoins included on the list. These cryptocurrencies are under constant monitoring with regular checks to ensure they meet their inclusion criteria.
Tokens that no longer meet the specified standards and carry a Tracking Tag are at risk of being removed from the list.