Binance, the world’s largest cryptocurrency exchange, made a critical statement and announced that it has blacklisted 4 altcoins.
Binance announced on its official website on October 4, Beta Finance (BETA), BarnBridge (BOND), WaltonChain (WTC) And HUMIDITY (XEM) He made an important statement for
Binance compares these altcoins to other cryptocurrencies as a result of regular reviews. It has very high volatility And it carries risks He stated that he would keep it under the “Monitoring Tag” tag to indicate it. The stock market uses this label in a way. “black list” It uses as.
In the statement made by Binance, it was stated that cryptocurrencies labeled in this way must pass tests every 90 days in order to be open for trading. Binance at the time of this review team’s commitment to the project, level of development And quality also cryptocurrency transaction volume And liquidity if it is a blockchain security of the network It takes into account criteria such as.
Other cryptocurrencies included in the Monitoring Tag tag are:
FTT, ELF, JASMY, LOOM, ARK, OMG, LINA, REN, MULTI, MLN, WRX, CREAM, VGX, AKRO, BTS, GFT, AMB, TORN, OAX, DREP, PNT, PERL and OOKI.
In the announcement, there is a statement on the tokens in question. risk warning will happen but any of service or buying and selling It was stated that it would not be affected.
Will he delist?
Binance in a 90 day period He did not make a statement regarding the failure of cryptocurrencies to pass the tests. However, if the exchange does not pass the test and does not show any improvement in the altcoins included in the tag in question, can delist is considered.