Binance platform places additional tokens under watchlist

Alongside MOVE, Binance has added the tokens ALPHA from Stella, HIFI from Hifi Finance, LEVER from LeverFi, PORTAL, and REI from Rei Network to the watchlist. The platform indicated that this step is part of its ongoing efforts to ensure the security of users' assets and achieve greater market stability.

Impact of the watchlist on trading

The watchlist carries significant implications for users' experience, as traders holding these tokens are required to complete periodic tests every 90 days on both Binance Spot and Binance Margin platforms, in addition to continuously agreeing to the platform's terms of use. This reflects Binance's commitment to ensuring the highest levels of security and compliance in its markets.

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