Binance, the world’s largest cryptocurrency exchange, has introduced a “Vote to List” and “Vote to Delete” mechanism to give the community a say on altcoin listings.
Accordingly, projects that receive the most votes and show due diligence as a result of community voting will be listed first. Users will also be able to vote to decide whether or not the altcoins listed in the “Watch Zone” will be removed from the list.
“Since Binance was founded in 2017, we have always put users first. Binance’s growth and success are inseparable from the community, and your feedback continues to help us grow.
After testing and evaluation, we are improving Binance’s listing mechanism as follows:
When a project has a special listing budget, we will disclose it in the listing announcements and continue to distribute budgeted tokens to Binance users through various forms of airdrops. Binance does not charge listing fees.
Introducing “Vote to List” and “Vote to Remove List” mechanisms to increase community engagement and give users a stronger say in the listing process.
“Providing Binance Wallet-exclusive TGE (Token Generation Event) projects with direct access to the Binance Alpha Observation Zone.”
*This is not investment advice.