#VoteToDelistOnBinance
Binance will implement a mechanism for users who hold at least 0.01 BNB to vote on whether a token should be listed or delisted from the exchange. The new approach will be used for new listings and will serve as a way to positively engage with their customers.
The announcement was made on Friday. The new system will have an option to "vote for listing" and "vote for delisting" for users to decide which tokens are allowed on the exchange. Despite a large number of supporters promoting the Pi network, it has not yet been approved.
Prior to the introduction of this system, Binance used information from social media to determine which coins were popular. However, this method was fraught with issues, as people could artificially inflate a token's popularity. Additionally, Binance has improved its standards for making such important decisions.