Binance Tags High-Risk Tokens for Investor Protection

Binance, a leading global cryptocurrency exchange, has taken steps to monitor four tokens that are considered high-risk. According to a notice by Binance, AVA (AVA), Gains Network (GNS), Scroll (SCR) and Towns Protocol (TOWNS) will be placed in the exchange's monitoring-tag category.

This move is aimed at protecting investors from potential losses due to high volatility and investment risk. The monitoring tags are assigned by Binance to assets that may not meet the exchange's listing standards or carry higher risks than other listed tokens.