Binance, the world’s largest crypto exchange announced she will, it will move Shiba Inu (SHIB), 1 inch, Trust Wallet Token (TWT), Frax Share (FXS) out of innovation zone on April 18th.
the move It comes after Binance conducted its cyclical business project review It considered these tokens to meet high standards required by exchange.
track this announcement By Binance, Shiba Inu (SHIB) is trading At $0.00001152, down 0.69% in the last 24 hoursand Frax Share (FXS) saw a drop of over 3% now trading At $10.10 USD.
Meanwhile, Trust Wallet Token (TWT) deals increased by 5%, trading At $1.31 and 1 in price It rose 1% to $0.564. These tokens may leave the innovation zone experience upward movement in Coming days.
Its expected takedown of innovation comes after Shiba Inu (SHIB), 1INCH, Trust Wallet Token (TWT), and Frax Share (FXS) have proven their worth. development activity, trading size f community Involvement. With this change, traders will have more trading options You feel safe sharing these codes.
The Innovation Zone provides users with a safe place space to trade new and innovative projects. projects that prove they worth And meeting Binance’s high standards are transferred out of innovation zone.
Binance benchmarks for selection
The innovation zone was created for safe submission trading environment for new And cutting-edge projects. Binance regularly evaluates initiatives for ensure adhere to requirements.
Binance takes into account several factors when making these reviews, including team dedication to the project, size, and caliber of development workand trading volume and fluidity network stability, f safety of attacks.
Other factors include network/ stability of the smart contract, degree of public Communicate, respond to frequent due diligence requests, and referrals of Immoral / Fraudulent behavior or careless, and contribute to a strong and sustainable encryption system.
Notably, this won’t influence other token-related users will have complete access To these icons that start on April 18th.
binance decision To remove these symbols from the innovation area confirms the value of Adhering to strict standards and giving users security trading environment.
