Binance to democratize crypto listings and delistings
The Binance community will now have input on which tokens are listed on the exchange and which are dropped from the platform.
Crypto’s largest centralized exchange, Binance, plans to democratize its token listing and delisting procedure “to provide users with more opportunities” in the digital asset market.
Voting eligibility will require users to hold at least 0.01 (BNB) to upvote a project for listing in the Alpha Observation Zone, or downvote a token for delisting via the Monitoring Zone. Projects with community support must still pass due diligence on Binance before listing. Existing projects can also self-nominate in the future, according to the CEX.
“For projects that have completed their TGE (Token…