Binance will add observation tags for ANT, FIRO, KP3R, MDX, MOB, REEF, VAI, XMR, ZEC, and ZEN, and remove seed tags for GMX and SUSHI

ChainCatcher news, according to the official announcement, Binance will add observation labels for more tokens on January 4, 2024, and remove seed labels for specific tokens based on recent audits.

The tokens added to the observation label list are: Aragon (ANT), Firo (FIRO), Keep3rV1 (KP3R), Mdex (MDX), MobileCoin (MOB), Reef (REEF), Vai (VAI), Monero (XMR), Zcash (ZEC), Horizen (ZEN).

The tokens removed from the seed label list are: GMX (GMX), SushiSwap (SUSHI).

Compared to other listed tokens, observation label tokens may have higher volatility and risk. We will closely monitor and continue to review. Please be aware that trading these tokens with observation labels carries risks, as these tokens no longer meet the standards they had when listed on our platform, and may be delisted if there is no improvement. Meanwhile, seed labels apply to innovative project tokens, which may also have higher volatility and risk compared to other listed tokens.