Binance adds 4 assets including Flow and Acala to 'Monitoring Tag'…"Possibility of Delisting"

Doohyun Hwang

Summary

The world's largest cryptocurrency exchange, Binance, announced it added four assets — Flow (FLOW), Acala (ACA), Dal Open Network (D), Streamr (DATA) — to the Monitoring Tag list.
The Monitoring Tag is assigned to projects with higher volatility or greater risk than typical tokens, and it warned there is a possibility of delisting.
Investors must pass a quiz and agree to the terms every 90 days, which is a procedure intended to ensure they sufficiently recognize the asset's risks.

The world's largest cryptocurrency exchange Binance added four assets, including Flow (FLOW), to the 'Monitoring Tag' list.

On the 2nd (local time), Binance announced in a notice that it would apply the Monitoring Tag to four assets: Acala token (ACA), Dal Open Network (D), Streamr (DATA), and Flow (FLOW).

Binance's Monitoring Tag is assigned to projects with significantly higher volatility or greater risk compared to regular tokens. Binance warned, "Tokens with a Monitoring Tag will be subject to regular review and may be at risk of delisting if they fail to meet the exchange's listing maintenance criteria."

Under this measure, investors who wish to trade these tokens must pass a quiz held on Binance's spot or margin exchange and agree to the terms of use every 90 days. This is a procedure to confirm that investors have sufficiently understood the risks of the asset before trading.

FLOW

ACA