{"id":38001,"date":"2025-03-07T13:30:37","date_gmt":"2025-03-07T10:30:37","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=38001"},"modified":"2025-03-07T13:14:35","modified_gmt":"2025-03-07T10:14:35","slug":"binance-added-this-altcoin-to-its-watchlist","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/binance-added-this-altcoin-to-its-watchlist\/","title":{"rendered":"Binance Added This Altcoin to Its Watchlist!"},"content":{"rendered":"

One of the world’s largest cryptocurrency exchanges, Binance<\/strong><\/a>, has added this recently listed altcoin to its watchlist.<\/strong><\/p>\n

Binance Places GoPlus Security (GPS) Under Monitoring Tag<\/h2>\n

Binance<\/strong> has announced that it has placed GoPlus Security (GPS) under its Monitoring Tag<\/strong> due to significant price volatility and concerns regarding the trading activities of certain market makers<\/strong>. The exchange warned investors about the high-risk nature of GPS and advised them to proceed with caution.<\/p>\n

According to Binance<\/strong>, following the listing of GPS for spot trading<\/strong>, a designated market maker sold approximately 70 million GPS tokens without executing any buy orders.<\/strong> This continuous sell-off resulted in a profit of 5 million USDT for the market maker.<\/strong> Finding these transactions suspicious, Binance<\/strong> temporarily suspended the market maker\u2019s account and launched a thorough investigation.<\/strong><\/p>\n

The Monitoring Tag<\/strong> applies to tokens considered riskier and more volatile than other crypto assets. Binance stated that these tokens are regularly reviewed and may be delisted if they fail to meet the platform\u2019s criteria. Additionally, users must complete a risk awareness test every 90 days to continue trading assets under this category.<\/p>\n

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Click Here to Register on Binance with a 20% Commission Discount!<\/strong><\/a><\/p>\n

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GoPlus Security<\/strong> experienced a sharp decline in value after its listing, and Binance\u2019s latest announcement<\/strong> led to further price drops. The exchange reassured users that it will continue monitoring GPS and other tagged tokens closely, taking necessary actions to maintain market integrity.<\/p>\n

\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest news<\/a> and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

One of the world’s largest cryptocurrency exchanges, Binance, has added this recently listed altcoin to its watchlist. Binance Places GoPlus Security (GPS) Under Monitoring Tag Binance has announced that it has placed GoPlus Security (GPS) under its Monitoring Tag due to significant price volatility and concerns regarding the trading activities of certain market makers. The<\/p>\n","protected":false},"author":29,"featured_media":38003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[22,12512,8903,12513],"class_list":["post-38001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-binance","tag-binance-altcoin-watchlist","tag-binance-monitoring-tag","tag-goplus-security-gps"],"yoast_head":"\nBinance Added This Altcoin to Its Watchlist! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/binance-added-this-altcoin-to-its-watchlist\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance Added This Altcoin to Its Watchlist! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"One of the world’s largest cryptocurrency exchanges, Binance, has added this recently listed altcoin to its watchlist. 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