Binance will add watch labels for 10 tokens including ANT, XMR, ZEN, and remo...

Kabir903

PANews, January 4th - According to an official announcement from Binance, based on recent reviews, Binance will add watch labels for more tokens on January 4, 2024, and remove seed labels for specific tokens. The tokens added to the watch list are as follows: Aragon (ANT), Firo (FIRO), Keep3rV1 (KP3R), Mdex (MDX), MobileCoin (MOB), Reef (REEF), Vai (VAI), Monero (XMR), Zcash (ZEC), and Horizen (ZEN). The tokens removed from the seed label list are GMX (GMX) and SushiSwap (SUSHI). The announcement notes that tokens with watch labels may have higher volatility and risks compared to other listed tokens. Binance will closely monitor and conduct ongoing reviews. Trading these tokens with watch labels involves risks, and these tokens no longer meet the standards for listing on the platform. If there is no improvement, they may be delisted. At the same time, seed labels apply to tokens of innovative projects, and these tokens may have higher volatility and risks compared to other listed tokens.

Kahn332

See what kind of risks there are.

Kalkin995

Binance Exchange is known to be quite influential.

Jatin255

I don't know what these labels mean.