With the continuous growth in the cryptocurrency market, Binance remains committed to applying a responsible listing approach focused on user protection, regulatory compliance, and ensuring the long-term quality of projects.
Binance clarifies the details of its products and listing mechanisms, along with the criteria used to evaluate projects, aiming to enable interested teams to understand the requirements accurately. Those wishing to list their projects on the platform can find the application steps at the end of this announcement.
Overview of Binance listing products:
Binance Alpha: A platform for discovering promising projects in their early stages within Web3, providing the opportunity for later listing on the main platform. It can be accessed via the Binance wallet or app directly, enabling easy trading of emerging tokens without the need for external Web3 wallets.
Futures: Binance has the largest platform for cryptocurrency futures trading. It provides users with tools for hedging, providing liquidity, and interacting with the market without actually owning the assets.
Spot market: The largest platform for directly trading cryptocurrencies. Users can buy and sell high-quality assets, and it provides opportunities for projects to increase their exposure through tools such as:
Launchpool: Earn free tokens in exchange for locking BNB or other tokens.
Megadrop: Early access to Web3 projects in exchange for locking BNB or completing certain tasks.
HODLer distributions: Rewards automatically distributed to BNB holders participating in savings or yield products on-chain.
1. Binance Alpha Feature:
Divided into two types:
· Untraded projects (before TGE): They can apply for an initial listing opportunity via the token generation event or the initial drop stage.
The evaluation includes:
Project foundation: Effective product, real user base, clear business model, and position within trending sectors.
Token economics: Fair distribution, transparency in the vesting schedule, and sufficient number of holders.
Technical aspects: Code quality, innovation, centralization risks, auditing, and security.
Team and Compliance: Background check of the team, potential legal or financial risks.
· Traded projects: An application for a direct listing can be submitted via Binance Alpha if the tokens are available on the market. Currently, 6 chains are supported: BNB, Ethereum, Solana, Base, Sui, and Sonic, with plans to expand support in the future.
The focus is on the performance of the secondary market, alongside the previous criteria.
2. Futures listings on Binance:
The futures listing review is divided into two categories:
🔹 Projects pre-listed via Alpha:
Since these projects have passed the initial evaluation, the futures review focuses only on their performance in the secondary market, provided there are no significant negative changes.
The basic requirements include:
· Strong trading volume in the alpha stage.
· Price stability without crashes or sharp sell-offs.
· Compliance with regulatory standards.
· Clear and ongoing token distribution.
🔹 Unlisted or new projects:
Evaluated based on the same criteria of the alpha stage, including:
· Project foundation and performance indicators.
· Token economics.
· Review of technical aspects.
· Team background and regulatory compliance.
3. Instant listing
Instant listing reviews are currently classified into two types: projects already listed in futures and/or listed in the alpha stage and traded, and new TGE projects.
Projects already listed in futures and/or listed in the alpha stage and traded:
These projects met the basic requirements during their evaluation for listing in the alpha/futures stage. During an instant listing review, the focus will primarily be on the performance of the secondary market, provided there are no substantial negative changes in the project's fundamentals, token unlocking schedules, team status, and other key indicators.
Criteria for delisting projects from Binance
(applies to the spot market, futures, and alpha releases)
Binance is committed to a safe and stable trading environment, which is why listed projects are regularly reviewed, and tokens that do not meet the following standards may be delisted:
1. Team and Management:
· Stop or weak development.
· Lack of transparency and communication.
· Significant changes in the team or failure to respond to Binance reviews.
2. Market performance and trading:
· Low liquidity or weak trading volume.
· Sharp price disruptions or suspicious behaviors (such as pump and dump).
· Loss of community trust or ongoing negative feedback.
3. Security and compliance:
· Security issues or attacks on the network.
· Detrimental changes in token economics.
· Non-compliance with laws or fraudulent behavior.
Binance continuously monitors projects to ensure market quality and protect users. If projects do not comply with these standards, they may be removed to safeguard the ecosystem and community.
🔥 Follow cryptocurrency prices from here: https://www.binance.com/en/price