Binance will add observation labels for BETA, BOND, WTC, and XEM. If the risks do not improve, they will be delisted
ChainCatcher news, according to the official announcement, Binance will add more tokens to the existing observation label list based on recent reviews. Binance has decided to add the following tokens on October 4, 2023: Beta Finance (BETA), BarnBridge (BOND), Waltonchain (WTC), NEM (XEM).Compared to other listed tokens, these observation label tokens may have higher volatility and risk. Binance will closely monitor and continuously review them. Users should be aware that trading these tokens with observation labels carries risks, as these tokens no longer meet the standards they had when listed on the platform, and may be delisted if there is no improvement. Users need to pass the corresponding tests on Binance Spot and/or Binance Margin platforms every 90 days and accept the terms of use to gain trading access to tokens with seed labels or observation labels.Seed labels and observation labels will appear on the respective Binance Spot and Binance Margin trading pages as well as the market overview page. For all tokens with seed labels and observation labels, Binance will also display risk warning banners.