Some in the Kaspa community would wonder why Binance has not listed Kaspa yet. The latest video from KatDaddyKrypto dives into this issue, exploring the key factors holding back a Binance listing for Kaspa. In the video, the analyst lays out detailed reasons why the world’s biggest exchange still hasn’t pulled the trigger on KAS.

KatDaddyKrypto’s breakdown sheds light on why many Kaspa supporters are frustrated and why Binance might be playing a waiting game. According to him, there’s a lot more to this than just market cap or trading volume. Let’s unpack what he shared about the Kaspa price, the exchange’s strategy, and what could come next for KAS.

Why Binance Wants Free Tokens to List Coins

One of the analyst’s main points is that Kaspa had a fair launch, just like Bitcoin. That means there was no premine or stash of free tokens set aside for exchanges. Binance and other Tier-1 exchanges usually get free coins from projects so they can sell them at any price, make quick profits, and benefit from listing fees. With Kaspa, however, they have no free supply. They’d need to buy KAS on the open market at around $0.07 to $0.08 per token and then hope to sell later at a higher price.

Because of this, the analyst says Binance is waiting for better market conditions. They want a strong altcoin season where they can be confident Kaspa price will rise after listing. Until they see that opportunity, they have little financial incentive to list KAS.

Market Conditions Are Not Right Yet

KatDaddyKrypto points out that big exchanges love to list tokens when the market is heating up. When retail traders rush into altcoins, there’s more trading volume, higher prices, and better profits for the exchange. Right now, the broader market is still weak, and Binance doesn’t want to list KAS only to see Kaspa price stagnate or drop. They want bullish momentum to guarantee excitement and sustained upward price moves.

So according to the analyst, timing is everything. Binance would rather wait until there’s clear market enthusiasm so they can maximize trading fees and profits from their own KAS positions.

Binance’s Ongoing Talks With Kaspa Developers

Another crucial insight from the video is that Binance has been in close technical contact with Kaspa’s developers, including Wolfie, for nearly two years. Over the past six weeks, Binance has ramped up its questions, suggesting they’re doing serious due diligence before making any listing decision. The analyst believes this proves Binance hasn’t given up on listing Kaspa.

He adds that Binance and its CEO, have hinted about Kaspa on Twitter, which could be their way of gauging community interest. However, Binance still hasn’t committed to a specific timeline, keeping Kaspa investors guessing.

How Kaspa Compares to Other Coins

KatDaddyKrypto also compares Kaspa with other high-profile projects like Solana and Sui. Those coins often pre-mine huge supplies of tokens and give them to exchanges for instant listings. These corporate-style launches let exchanges get “free” tokens, sell immediately, and make a profit with minimal risk. Because Kaspa doesn’t have this premine model, it breaks the mold, but also makes it harder to list on big exchanges like Binance.

The analyst says this is the real reason KAS price hasn’t yet benefited from a major exchange listing. It’s not about Kaspa’s technology or community, but the lack of incentives for exchanges.

Read Also: Analyst Sees JasmyCoin Price Sliding Lower: How Bad Could It Get?

Kaspa Price Outlook and What Comes Next

In closing, KatDaddyKrypto believes Kaspa’s lack of premine is the biggest hurdle standing in the way of a Binance listing. Until market sentiment improves and altcoins start to rally consistently, Binance will likely wait. When that happens, exchanges can buy KAS on the open market, sell at higher prices, and benefit from surging trading volumes.

The analyst finishes by saying Binance’s ongoing contact with Kaspa developers shows they’re still interested. He encourages viewers to keep an eye on Kaspa price action and consider accumulating KAS before a possible future listing that could trigger a big price move.

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The post Analyst Reveals Binance Real Reasons for Delaying Kaspa (KAS) Listing appeared first on CaptainAltcoin.