Binance, the world’s largest cryptocurrency exchange, announced that it has added five cryptocurrencies to its watch list.
According to the statement made by the exchange, the cryptocurrencies included in the watch list are Ellipsis (EPX), ForTube (FOR), Unfi Protocol DAO (UNFI), Waves (WAVES) and Wrapped NXM (WNXM).
Watchlisting cryptocurrencies means that they no longer meet listing standards and may be removed from the list.
Binance may decide to delist these cryptocurrencies in the coming days.
“Tokens with tracking tags exhibit significantly higher volatility and risk compared to other listed tokens,” the statement said. These tokens are closely monitored with regular reviews. “Note that tokens with tracking tags no longer meet our listing criteria and are at risk of being removed from the platform.” It was said.
Due to the decision, EPX lost 13 percent, FOR lost 17 percent and WAVES lost 15 percent. There were no significant changes in UNFI and WNXM.
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Source: https://uzmancoin.com/binance-bes-kripto-para/