Binance Updates Altcoin Tags: New Tracking List Revealed

Binance, the leading cryptocurrency exchange, made headlines today with an update concerning several altcoins on its platform.

The company announced changes to its tagging system, affecting how some tokens are categorized and monitored.

According to the statement, Binance will implement tracking tags for a new set of altcoins while simultaneously removing the seed tag from others. The changes are scheduled to take effect on April 3, 2025.

The exchange specified that the following tokens would receive the new Tracking Tag: Ardor (ARDR), Biswap (BSW), Flamingo (FLM), LTO Network (LTO), NKN (NKN), PlayDapp (PDA), Perpetual Protocol (PERP), Viberate (VIB), Voxies (VOXEL), and Wing Finance (WING).

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Binance explained that tokens with the Tracking Tag are considered to have heightened volatility and risk compared to other listed assets. These tokens are subject to ongoing scrutiny, and if they fail to meet listing standards, they could be removed from the platform.

In contrast, Binance will remove the Seed Tag from three tokens: Jupiter (JUP), Starknet (STRK), and Toncoin (TON). This adjustment reflects a reassessment of the tokens’ status on the exchange.

Binance emphasized that these changes are part of routine evaluations aimed at maintaining a transparent and secure trading environment for users. The exchange regularly reviews tokens to ensure they meet the necessary standards, and tags are adjusted accordingly to reflect current market conditions and risk profiles.

Alexander Stefanov