After unveiling the surveillance tag on Thursday, Binance, the biggest crypto exchange on transaction volume metrics, caused a free fall of four Altcoins.
Popular exchange actions to list, list, or place tokens in a catalog on the spot tend to cause price fluctuations.
Binance tags 4 Altcoins
At the announcement on Thursday, Binance Exchange said it will extend its monitoring tag to Four tokens in the catalog: Beef (Bifi), Stafi (FIS), Komodo (KMD), and Measurable Data Tokens (MDT).
“Based on recent reviews, Binance will expand its monitoring tag to include more tokens on 2025-06-05,” read the announcement.
Shortly after, token prices fell dramatically, with several record double-digit losses.
This turnout isn’t surprising given the meaning of monitoring altcoin surveillance tags in popular crypto exchanges. Specifically, the monitoring tag places the token in the delisted cusp, subject to subsequent evaluation.
Assigning monitoring tags to tokens indicates that the token indicates higher volatility and risk than other listed tokens on the platform.
“Please note that tokens with surveillance tags do not meet our listing standards and risk delisting from the platform,” warned Binance.
This tag warns traders and investors about potential issues that could affect token stability or compliance with Binance’s listing standards.
In particular, the monitoring tag is slightly different from the seed tag. This inserts tokens that are more susceptible to volatility and risk than other listed tokens.
What Binance users need to know
Based on Binance’s review criteria, users who wish to exchange four Altcoins for monitoring tags must pass the quiz every 90 days on the Binance Spot and/or Binance Margin Platform and accept the terms of use.
The quiz checks that the user knows the risk before exchanging tokens with monitoring tags.
“Users can find monitoring tags and can be found on the corresponding Binance Spot and Binance Margin trading pages, as well as on the market overview page. A risk warning banner will also be displayed for all tokens with monitoring tags.”
With the balance of the fates of Bifi, FIS, KMD and MDT, Binance assesses the team’s commitment to the project and the level and quality of development activities.
It also observes the volume of trading, liquidity, stability and safety of each network from the attack.
The project’s response to Binance’s regular due diligence requests is also important. The same applies to factors such as increased supply of materials and unfair tokens and changes in toknomics. More importantly, Binance observes community sentiment.
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