Binance flags 4 tokens and removes 14 from Alpha

Binance placed four cryptocurrencies under its Monitoring Tag on Sept. 4 while separately removing 14 tokens from the Binance Alpha recommendation list. Summary Binance added AVA, GNS, SCR and TOWNS to its Monitoring Tag list on September 4. Tagged tokens remain tradable but face additional reviews and possible delisting if standards are unmet. Binance Alpha removed fourteen tokens from recommendations while preserving users’ withdrawal and selling functions afterward. The Alpha removals do not automatically remove those assets from Binance’s main spot exchange listings. Monitoring decisions consider liquidity, development, network security, communications, tokenomics and project team conduct during reviews. AVA, Gains Network, Scroll and Towns Protocol received the Monitoring Tag following the exchange’s latest project reviews. The designation warns users that the tokens carry higher volatility and risk than other assets listed on the main Binance exchange. In a separate notice, Binance Alpha removed MTP, BDXN, TALE, BOS, MAIGA, TIMI, SAROS, U, SERAPH, RVV, AIAV, PENGUIN, ODOS and SN3. Selling and withdrawals remain available for those assets. Binance Monitoring Tag places four to...