Binance to Potentially Delist 3 Popular Cryptocurrencies: Binance Announces New Update

Binance has announced it will extend its "Monitoring Tag" to include BakeryToken (BAKE), IDEX (IDEX), and Self Chain (SLF) starting July 7, 2025. Tokens with the monitoring tag demonstrate higher volatility and risks than other listed tokens and may be delisted if they do not meet performance and compliance standards. Binance will perform periodic reviews to determine if the monitoring tag should be added or removed from tokens.

Binance has announced an extension of its "Monitoring Tag" to include BakeryToken (BAKE), IDEX (IDEX), and Self Chain (SLF) starting July 7, 2025. Tokens with the monitoring tag are subject to higher volatility and risk compared to other listed tokens. The exchange plans to periodically review these tokens to determine if they meet performance and compliance standards. Failure to meet these criteria could lead to delisting [1].

The monitoring tag is a proactive measure by Binance to manage risks associated with volatile assets. The exchange aims to ensure that only high-quality and compliant tokens remain on its platform. This move follows Binance’s recent delisting of five altcoins—Stella, Biswap, Komodo, LeverFi, and LTO Network—effective July 4, 2025 [1].

Traders are advised to closely monitor the performance of these tokens and adjust their portfolios accordingly. The delisting of these tokens may impact liquidity, making it challenging to sell or transfer assets. Traders should consider alternative exchanges or decentralized platforms to manage their holdings effectively.

The addition of the monitoring tag aligns with Binance's commitment to regulatory compliance and platform integrity. The exchange's periodic review process underscores its dedication to safeguarding user interests and maintaining long-term credibility. This development reflects a broader industry trend where exchanges intensify their asset review processes to enhance market stability [1].

Industry analysts emphasize that such measures contribute to healthier market dynamics by ensuring that listed assets provide genuine value and security to traders. Kostagushterov, a noted cryptocurrency commentator, highlighted the importance of balancing innovation with compliance [1].

In conclusion, Binance's extension of the "Monitoring Tag" to BakeryToken, IDEX, and Self Chain underscores its commitment to regulatory compliance and platform integrity. Traders should be prepared to adjust their portfolios and explore alternative options to mitigate potential risks. This development reflects a broader industry shift towards enhanced quality control, which may ultimately foster a more robust and trustworthy crypto trading environment.

References:
[1] https://en.coinotag.com/binance-plans-possible-delisting-of-five-altcoins-by-july-2025-raising-liquidity-concerns/