Binance Updates Its Watch Tag List for Altcoins
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jul 01 2024- Binance Updates Watch Tag List: Binance has updated its Watch Tag list for altcoins, effective from July 1, 2024.
- New Altcoins Added: Eleven new altcoins have been added to Binance's Watch Tag list, including Balancer, Cortex, PowerPool, and others.
- Removal of Altcoins: Two altcoins, Enzyme and Horizon, have been removed from the Watch Tag list.
- Purpose of Watch Tag: The Watch Tag highlights altcoins with higher volatility and risk compared to others on the exchange, informing users about associated risks.
- Criteria for Reviews: Binance reviews altcoins based on various criteria such as team commitment, development activity, trading volume, security, and contribution to the crypto ecosystem.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
