Requirements for Alpha Listing on Spot at Binance:
The transition of a project from the Alpha area (a "watchlist" for promising early-stage tokens) to the Spot market of Binance is not automatic and depends on robust performance and compliance with strict criteria.
1. Performance in Binance Alpha
The project must demonstrate high trading volume, price stability, and adequate liquidity while listed in Alpha. This indicates genuine interest and prevents manipulation.
2. Project Fundamentals and Metrics
It is essential for the project to have solid fundamentals, including a viable and relevant business model, proven user adoption, and product utility. The tokenomics must be well-structured and sustainable. The quality of the code, innovation, and a clean security track record are also evaluated.
3. Team and Compliance
The team behind the project should have a solid track record and demonstrate transparency and good communication. Binance also checks compliance risks and the team's ability to manage crises.
4. Community Support and Progress
An engaged and active community is a positive sign. The project needs to show continuous progress on its roadmap, user growth, and have a Minimum Viable Product (MVP).
In summary, Binance closely monitors the performance, integrity, and growth potential of projects listed in Alpha. Those that demonstrate superior quality, liquidity, and market acceptance are considered for full listing on Spot.