10 Altcoins at Risk of Binance Delisting

ARDR, BSW, FLM, LTO, NKN, PDA, PERP, VIB Price Performance.

In addition to the new Monitoring Tag additions, Binance will also remove the Seed Tag from Jupiter (JUP), Starknet (STRK), and Toncoin (TON).

Tokens marked with the Seed Tag are those that are still in their early stages of development and have not yet met Binances full listing criteria. The removal of the Seed Tag indicates a change in the status of these projects. This suggests that they no longer fit the initial criteria for such a label.

Tokens with the Monitoring Tag or Seed Tag come with inherent risks. Binance ensures that users are well-informed before trading them. To access trading for these tokens, users must pass a risk awareness quiz every 90 days.

The quiz makes sure that users understand the potential risks associated with trading higher-risk tokens. Binance will also display a risk warning banner for these tokens on its Spot and Margin platforms.

Binance will continue to conduct periodic reviews of tokens with the Monitoring Tag and Seed Tag. During these reviews, several factors are taken into account. This includes the project teams commitment, development activity, token liquidity, and community engagement.

The latest development follows a similar announcement from Binance in March. The exchange routinely delists tokens that fail to keep up with its criteria.