Crypto markets remain turbulent, with some tokens standing out for their high volatility and uncertain fundamentals. Now, Binance — one of the world’s leading crypto exchanges — has announced a significant update affecting risk-conscious traders.
Binance Adds BAKE, IDEX, and SLF to Monitoring List
Following its latest assessment, Binance is adding BakeryToken (BAKE), IDEX (IDEX), and Self Chain (SLF) to its Monitoring Tag list. Tokens with this label are considered highly volatile and risky, and are subject to enhanced scrutiny.
The exchange notes that these tokens may no longer meet listing standards and could be delisted if necessary. This move emphasizes the need for users to be well-informed and cautious when engaging with such assets.
Click to Register to Binance Exchange with 20% Commission Discount!
Mandatory Risk Quizzes Every 90 Days
To access these tokens on Binance Spot or Binance Margin, users must now pass a risk awareness quiz every 90 days and agree to Binance’s Terms of Use. The intention is to ensure that traders understand the risks before interacting with assets flagged by the Monitoring Tag.
These tokens will be visibly marked on the Markets Overview and trading pages, along with a clear risk warning banner to inform and protect users. Binance reiterates its commitment to transparency, community safety, and responsible trading practices.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

