**๐จ Important Binance Update: BAKE, IDEX & SLF Getting Monitoring Tags (July 7)**
Hey Binance traders! ๐ Heads upโBinance is adding **Monitoring Tags** to 3 tokens starting **July 7, 2025**:
๐ธ **** $BAKE
(BakeryToken)
๐ธ **$IDEX
** (IDEX)
๐ธ **$SLF
** (Self Chain)
### **๐ What Does a Monitoring Tag Mean?**
These tokens are now flagged as **higher risk** due to factors like:
โ ๏ธ Higher volatility
โ ๏ธ Potential liquidity concerns
โ ๏ธ Possible delisting risk
### **๐ What Changes for Traders?**
โ๏ธ **Quiz Required** โ Must pass a risk awareness quiz every **90 days** to trade
โ๏ธ **Extra Warnings** โ Clear risk banners will appear before trading
โ๏ธ **No Other Changes** โ Deposits/withdrawals remain open
### **๐ก Why Is This Happening?**
Binance regularly reviews projects based on:
โข Team activity & transparency
โข Trading volume & liquidity
โข Network security
โข Regulatory compliance
โข Community trust
### **๐ฆ Should You Be Worried?**
Not necessarilyโbut **do your research** before trading these tokens. Monitoring Tags help traders **stay informed** about higher-risk assets. #Write2Earn