$ETH Why hasn't the platform launched CORE spot and contract?
The following reasons may apply:
1. Project positioning and strategy: As an EVM-compatible L1 public chain, CORE emphasizes composability, decentralization, and security. The project team may prioritize building a stable and secure infrastructure, selecting partners and platforms that align with long-term strategies and brand image, rather than rushing to launch on Binance for short-term market exposure and trading volume.
2. Technical maturity: The project team may be concentrating resources on optimizing underlying technology to ensure network stability and security. When technology is not fully mature, they may avoid launching on large exchanges to prevent facing large-scale capital flows and potential technical challenges too early.
3. Regulatory compliance and risk management: Cryptocurrency trading faces strict regulatory requirements. The project team may consider compliance risks and avoid listing on exchanges that could trigger legal issues. They will also assess the potential risks of launching on Binance, such as increased market volatility and investor protection issues, thus opting to take a wait-and-see approach.
4. Technical compatibility and depth of cooperation: Launching on an exchange requires technical docking and system compatibility testing. There may be technical barriers or priority considerations that have prevented CORE from completing technical integration with Binance. Additionally, if there is already an in-depth cooperative relationship with other exchanges or partners, the project team may prioritize ensuring the stability and deep development of existing collaborations.
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