Is Netherborn Altar legal in Standard, Modern, and Commander?

Netherborn Altar is legal in: Legacy, Vintage, Commander.

Netherborn Altar

Q: What type of card is Netherborn Altar?

Netherborn Altar is an Artifact. Its oracle text reads: "{T}, Put a soul counter on this artifact: Put your commander into your hand from the command zone. Then you lose 3 life for each soul counter on this artifact."

Artifact

, Put a soul counter on this artifact: Put your commander into your hand from the command zone. Then you lose 3 life for each soul counter on this artifact.