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🚨Be cautious🚨

🚨Binance added 10 altcoins to its Monitoring Tag list🚨

Binance, one of the world's largest cryptocurrency exchanges, has recently added 10 altcoins to its Monitoring Tag list, indicating these tokens are under close scrutiny and may face potential delisting. The altcoins currently under review are:

Aergo (AERGO)

Alpaca Finance (ALPACA)

AirSwap (AST)

Badger DAO (BADGER)

BurgerCities (BURGER)

COMBO (COMBO)

NULS (NULS)

STP (STPT)

UniLend (UFT)

VIDT DAO (VIDT)

Tokens assigned the Monitoring Tag are perceived to exhibit higher volatility and risk compared to other listed tokens. Binance closely monitors these assets and conducts regular reviews to ensure they meet the platform's listing criteria. Factors influencing potential delisting include low trading volume, liquidity concerns, regulatory issues, and security vulnerabilities.

To trade tokens marked with the Monitoring Tag, Binance requires users to complete a risk-awareness quiz every 90 days. This measure ensures that traders are fully aware of the associated risks before engaging with these assets.

It's important to note that being placed on the Monitoring Tag list does not guarantee delisting. Binance will conduct periodic reviews and decide whether to add or remove the Monitoring Tag based on current findings. However, investors should exercise caution, as tokens previously subjected to monitoring have experienced significant price declines following delisting announcements.

In light of this development, holders of the aforementioned altcoins should stay informed about Binance's updates and consider the potential risks associated with these tokens.
#Write2Earn! $AERGO