Ah, Binance, the grand stage of cryptocurrency, where fortunes are made and lost faster than one can say “blockchain.” In a move that has sent shockwaves through the digital asset world, Binance has decided to play the role of the stern headmaster, expanding its Monitoring Tags to include more crypto assets. Yes, dear reader, the delisting guillotine looms large. ๐ช
In a blog post that could rival the most dramatic of Shakespearean soliloquies, Binance announced that, based on recent reviews, it will extend the Monitoring Tag to include more tokens and remove the Seed Tag for selected tokens on April 3, 2025. The plot thickens! ๐
Binance has expanded monitoring tags to ARDR, BSW, FLM, LTO, NKN, PDA, PERP, VIB, VOXEL, and WING tokens, which means delisting risks. Binance has also removed seed tags for JUP, STRK, and TON.
โ Wu Blockchain (@WuBlockchain) April 3, 2025
Tokens to be added to the Monitoring Tag list are Ardor (ARDR), Biswap (BSW), Flamingo (FLM), LTO Network (LTO), NKN (NKN), PlayDapp (PDA), Perpetual Protocol (PERP), Viberate (VIB), Voxies (VOXEL) and Wing Finance (WING). A veritable who’s who of the crypto world, now under the watchful eye of Binance. ๐ต๏ธโโ๏ธ
Tokens placed under Binance’s Monitoring Tag have significantly higher volatility and risks than other listed tokens. These tokens are closely monitored, and regular reviews are carried out. Tokens bearing the Monitoring Tag are at risk of no longer meeting Binance’s listing criteria and may be delisted from the platform. In the meantime, other services related to the aforementioned tokens will not be affected on Binance. So, it’s not all doom and gloomโjust mostly. ๐ง๏ธ
Other developments
Meanwhile, three tokens will be removed from the Seed Tag list: Jupiter (JUP), Starknet (STRK) and Toncoin. A rare moment of celebration in this otherwise somber tale. ๐
Binance will perform periodic project reviews and determine whether the Monitoring Tag and Seed Tag should be added to or removed from tokens based on its latest findings. The crypto world waits with bated breath. ๐ฎ
Binance regularly reviews the assets listed on its platform to ensure they align with its standards. Tokens may be delisted for a variety of reasons, including poor trading activity, a lack of development or regulatory concerns. It’s a tough world out there, and Binance is not here to coddle. ๐ผ
In a separate announcement, Binance stated that to expand the list of trading choices offered on Binance Spot and enhance usersโ trading experience, it will open trading on April 3, 2025, at 8:00 a.m. (UTC) for seven crypto pairs, which includes API3/USDC, AUCTION/TRY, AUCTION/USDC, BANANA/USDC, GUN/USDC, QNT/USDC and THETA/USDC. Because who doesn’t love a good crypto pairing? ๐๐ซ
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2025-04-03 13:03