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