tl;dr

Binance has announced the introduction of pop-up notifications for tokens with significant tokenomics changes, starting October 1, 2024. The new feature aims to enhance user transparency and security by alerting users to tokens that have experienced major changes in their economic structure or suppl...

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Binance has announced the introduction of pop-up notifications for tokens with significant tokenomics changes, starting October 1, 2024. The new feature aims to enhance user transparency and security by alerting users to tokens that have experienced major changes in their economic structure or supply in the past 18 months. Users will need to acknowledge a pop-up before trading affected tokens. The initial list of affected tokens includes AVA, CHZ, ENJ, IOTA, LSK, MTL, ORN, SLF, SXP, and VANRY.

Binance's proactive approach is designed to maintain platform integrity and help users navigate associated risks.

Binance recently secured a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority (AFSA) in Kazakhstan.

Binance cryptocurrency exchange has announced the implementation of a new feature aimed at enhancing user transparency and security. Effective from October 1, 2024, the platform will introduce a risk warning banner and a pop-up notification for tokens that have experienced significant changes to their tokenomics and supply in the past 18 months.

This measure is designed to ensure that users are fully informed about the tokens they choose to trade. The need for such notifications has arisen from community feedback that requested more transparency regarding tokens with modifications.

The new policy will initially apply to a specific list of tokens that have seen tokenomics changes within the last 18 months. These tokens include Travala (AVA), Chiliz (CHZ), Enjin Coin (ENJ), IOTA (IOTA), Lisk (LSK), Metal DAO (MTL), Orion (ORN), Self Chain (SLF), Solar (SXP), and Vanar Chain (VANRY).

Concurrently, in related news, Binance recently secured a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority (AFSA) in Kazakhstan.

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Sector: Services-Prepackaged Software

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Dividend Yield: None

EPS: None

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Beta: 2.674

Volume: 325,433,000

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EPS: 5.48

ROE: 12.82%

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 22 Dec 24
 22 Dec 24
 22 Dec 24