2025-03-10
As the number of cryptocurrencies
continues to grow, major exchanges like Binance are changing how they decide
which tokens to list.
Binance, the world’s biggest crypto
exchange, has introduced a community voting system where users can vote to add
or remove tokens from the platform.
How It Works?
Binance will select certain projects
for voting. The projects with the most votes will be listed, but only after
Binance checks them carefully.
Tokens that don’t provide updates, have
inactive teams, or engage in bad practices will be moved to a Monitoring Zone.
Users can then vote to remove these
tokens from Binance.
This new system comes after a massive
increase in the number of crypto tokens. There are now over 12.4 million
digital assets, making it harder for investors to choose quality projects.
Binance’s New Listing Rules
Since its launch in 2017, Binance has
focused on putting users first. To improve the listing process, Binance is
making the following changes:
Projects with a listing budget: If a
project has money set aside for its listing, Binance will distribute the tokens
to users as airdrops. Binance does not charge listing fees.
“Vote to List” & “Vote to Delist”:
Users will have more say in deciding which projects stay or leave Binance.
Special Access for Binance Wallet Users:
Projects launching new tokens through Binance Wallet will be directly placed in
Binance’s Alpha Observation Zone for review.
Community Voting System
1. Vote to List
Users can vote for projects they want
to see listed.
Binance will select projects from the
market and its Alpha Observation Zone to enter the voting pool.
Voting Requirement: Users must hold at
least 0.01 BNB in their Binance account.
Some projects can apply for listing if
they meet certain conditions.
2. Vote to Delist
Users can vote to remove tokens in the Monitoring
Zone.
Tokens in this zone have inactive teams,
lack updates, or pose risks to users.
Voting Requirement: Users must hold at
least 0.01 BNB.
More details will be announced when the
voting system goes live.
Binance’s Listing Options
1. Launchpool –
Users can earn new tokens for free by locking their BNB and other tokens.
2. Megadrop –
Early access to new Web3 projects before they are listed on Binance.
3. HODLer Airdrops
– Token rewards for users holding BNB in Binance Earn products.
4. Direct Spot
Listing – High-quality projects can be directly listed on Binance.
5. Pre-Market
Trading – Users can trade some tokens before they are officially listed.
Binance removed price limits for
Pre-Market trading, but users should be aware of risks.
Criteria for Listing
Binance prefers projects that have low
market value but high growth potential, offer innovative technology, have a
strong team and community and follow legal and regulatory rules
Projects can apply anytime by
submitting a Binance Listing Application.
Alpha Observation Zone
This zone includes new and trending
tokens. Some of these tokens may fluctuate heavily in price.
Projects that launch tokens exclusively on Binance Wallet will get direct access to this zone.
Binance will monitor these projects and
decide whether to list them.
Binance will remove multiple Alpha Zone tokens at once if they lose demand, so
users should be cautious when engaging with these tokens.
Binance’s new community voting system
aims to give users more control while ensuring high-quality projects make it to
the platform.
By allowing users to vote on listings
and delistings, Binance hopes to create a more transparent and fair crypto
trading environment.
