Binance, the world's largest cryptocurrency exchange, has announced that it will monitor the Beefy (BIFI), StaFi (FIS), Komodo (KMD), and Measurable Data Token (MDT) projects with a 'Monitoring Tag', indicating that these tokens may be removed from the platform.
According to a statement from Binance, as a result of regular evaluations of the platform, four new altcoins have been placed under the 'Monitoring Tag' as of June 5, 2025. Binance closely monitors tokens with high volatility and increasing risks to protect its investors. It is noted that cryptocurrencies with the 'Monitoring Tag' carry a risk of not meeting the exchange's listing standards and being delisted from the platform.
Under this application, Binance users are required to complete a short risk test every 90 days and accept the terms of use before trading the mentioned tokens. This aims to ensure that users are aware of the risks.
What are the tracking criteria of Binance?
Binance considers various factors during the evaluation phase of projects, including the team's commitment to the project, the level and quality of development activities, trading volume, liquidity, network security, community engagement, and compliance with regulatory requirements. If these criteria are deemed insufficient, a delisting process for the tokens may be initiated. Binance has warned investors to be cautious.
Stay tuned for new developments.