Binance announced that it is prioritizing user protection and long-term project quality by updating its listing and delisting rules for cryptocurrency projects.
Binance, one of the largest cryptocurrency exchanges in the world, detailed new requirements and delisting criteria for projects wishing to be listed on the platform in an announcement on April 25. The company aims to enhance user safety and strengthen the sustainability of the ecosystem with this step.
According to the new listing requirements, the fundamentals of projects, performance indicators, token economics, technical risks, team background, and compliance processes will be evaluated in detail. Particularly, user adoption, business model robustness, industry suitability, and regulatory risks will be among the main priorities.
The reasons for delisting have also been clarified.
Binance also explained the circumstances under which projects may be delisted. Issues in team management, weak market performance, low trading volume, serious network security vulnerabilities, and regulatory non-compliance are factors that could lead to delisting. Additionally, negative factors such as suspicion of manipulation or loss of community trust will also pose risks.
Under the new regulations, Binance will offer opportunities to early-stage projects through platforms such as Binance Alpha, Launchpool, Megadrop, and HODLer Airdrop. However, projects will need to comply with the established high standards to be featured here.
Binance officials stated, "We will take all necessary steps to keep the ecosystem clean and of high quality," emphasizing that this process is vital for both projects and users.