Cryptocurrency Exchange Giant Binance has released a comprehensive update on its location, futures, and private binance alpha platform listings and listing standards.
This update shows that there is a rigorous due diligence process focusing on project fundamentals, talknomics, technical risks and regulatory compliance.
In an official announcement entitled “Important Notices on Binance List Information and Requirements,” Binance detailed a multi-layered approach to assessing cryptographic projects that are about to be listed. The list framework includes three main categories:
Binance Alpha
Divided into cyclic and noncirculating projects, Alpha serves as a launch pad for early stages and emerging projects.
Non-circulating token projects:
These include projects in the Token Generation Event (TGE) phase that are eligible for private TGES or Alpha Initial Airdrops. The main evaluation criteria are as follows:
- Relationship between user recruitment and industry
- Applicability of business models
- Token distribution and vesting programs
- Code quality, security history, and technical complexity
- Team background checks and compliance risk assessment
Currently circulating token projects:
Currently published projects must meet performance criteria including:
- Transaction volume and liquidity
- Historic price stability
- Market Value (MCAP) and Complete Dilution Assessment (FDV)
Binance currently supports Alpha for BNB Chain, Solana, Bass and Ethereum projects
Futures list
Projects listed in Binance Futures are evaluated based on the history of the Alpha. The key criteria are as follows:
- High trading volume and price stability
- No pump dump operation
- Maintain compliance with unlocking programs and Toconemics
- Law and team integrity
Spot list
For projects that apply for spot lists, Binance uses the following criteria:
Existing futures or projects listed in Alpha: These should demonstrate consistent performance and sustained trading profits.
New TGE Project: Teams are encouraged to explore Binance LaunchPool, Megadrop, or Hodler Airdrops before applying for a direct spot list.
Registration criteria
Binance conducts regular reviews of all listed assets to maintain listing standards. Projects may be delisted based on the following red flags:
Team and management issues:
- Lack of development and updates
- Bad communication with Binance and community
- Failure to respond to due diligence requests
- A big confusion of team or ownership
Market Performance:
- Low commercial activity or market depth
- Volatile or manipulated price behavior
- Persistent negative emotions or loss of community support
Security and Compliance:
- Network vulnerabilities or past security breaches
- An inexplicable change in talknomics that puts owners at a disadvantage.
- Don’t follow evolving regulatory obligations
- Fraudulent or unethical behavior
*This is not investment advice.
