Hey #Binance users,
Just a quick heads-up about some changes coming this Thursday, June 5th, 2025:
1. Four tokens are getting a special "Monitoring Tag":
* Measurable Data Token ($MDT)
2. What does the "Monitoring Tag" mean?
* Higher Risk & Volatility: Binance is flagging these tokens as riskier and potentially more unstable than other coins on the platform. Their prices might swing wildly.
- Under Review: Binance will keep a close eye on these projects regularly.
- Delisting Possible: If they don't keep up with Binance's standards, they could be removed (delisted) from the exchange entirely.
3. How does this affect YOU if you want to trade them?
- 🛑 Quiz Required: Before you can trade *any* of these tagged tokens (BIFI, FIS, KMD, MDT) on the main spot or margin markets, you'll need to pass a short quiz.
-⏳ Quiz Expires:This quiz isn't permanent. **You'll need to retake it every 90 days to keep trading access.
- ✅ Agree to Terms: You'll also need to accept special terms acknowledging the risks.
- ℹ️ Warnings Everywhere: You'll see clear "Monitoring Tag" labels and risk warnings next to these tokens on the trading pages.
4. Why is Binance doing this?
- To make sure users "know the extra risks" before jumping into these specific tokens.
- They're checking things like: Is the project team active? Is the tech solid? Is there enough trading activity? Are they transparent? Following rules?
5. What's NOT changing?
- Depositing, withdrawing, or holding these tokens in your wallet isn't affected.
- Other services (like staking, if available) for these tokens also stay the same – "only spot/margin trading requires the quiz".
Key Takeaway: Starting June 5th, trading "BIFI, FIS, KMD, and MDT" on Binance Spot or Margin will require you to pass a risk quiz every 3 months. This is because Binance considers them higher risk right now. Keep an eye out for the warnings on the trading pages!
Always do your own research, especially with higher-risk assets!