Key Takeaways:
Binance Alpha introduces a new review mechanism to assess token performance, stability, and compliance.
Regular evaluations will ensure listed tokens meet market-driven standards.
22 tokens removed from Binance Alpha due to non-compliance with updated criteria.
Users are advised to conduct due diligence (DYOR) before trading these tokens outside Binance Wallet.
Binance Alpha Strengthens Token Review Process
Binance Alpha has launched a comprehensive token review framework aimed at enhancing market integrity and transparency. Given the volatile nature of the crypto industry, the updated review mechanism will ensure that tokens featured in Binance Alpha meet rigorous quantitative and qualitative evaluation criteria.
The review process will assess:
Quantitative Metrics: Trading volume stability, liquidity depth, on-chain transaction frequency, and holder distribution.
Qualitative Criteria: Project credibility, regulatory adherence, ecosystem integration, and community engagement.
Tokens that fail to meet Binance Wallet’s compliance and market-driven evaluation criteria will be delisted from Binance Alpha.
22 Tokens to Be Removed from Binance Alpha
Following a recent evaluation, Binance Alpha has decided to delist 22 tokens that no longer meet its standards:
FAI, METAV, MLG, MONKY, PSTAKE, WHALES, GEL, VISTA, EVAN, MIRA, COCO, TAOCAT, FLOCK, OPUS, FREYA, AIXCB, VERTAI, STRDY, SEKOIA, VADER, ELIZA
Binance reaffirms its commitment to fostering market integrity and security while continuing to support innovative projects.
User Advisory: DYOR & Risk Awareness
Tokens on Binance Alpha are inherently high-risk and subject to significant price volatility.
Users should conduct their own research (DYOR) before engaging in trading activities.
Scam prevention: Binance warns users not to trade these delisted tokens outside Binance Wallet to avoid fraudulent schemes.
For ongoing updates, users can follow Binance Wallet’s official X account.