Binance threatens to delist these privacy coins
Monero (XMR) recently suffered losses, facing rumors and factual news regarding its delisting from Binance and OKX, respectively. Other privacy coins may face a similar fate, together with some high-volatility and risky cryptocurrencies, according to Binance. In a recent announcement, the leading exchange by market volume listed 12 cryptocurrencies under watch. These assets will hold special tags limiting their trading for an exclusive selection of traders. In particular, Binance threatens to delist 10 of the 12 under its ‘Monitoring Tag.’ The well-known privacy coins Monero, Zcash (ZEC), and Firo (FIRO) are featured in the list. Moreover, Aragon (ANT), Keep3rV1 (KP3R), Mdex (MDX), MobileCoin (MOB), Reef (REEF), Vai (VAI), and Horizen (ZEN) are also mentioned. Together with GMX (GMX) and SushiSwap (SUSHI) under the ‘Seed Tag,’ due to “higher volatility and risks,” the announcement stated. What are Binance’s ‘monitoring’ and ‘seed’ tags? Cryptocurrency Monero (X...