Binance, the world’s largest cryptocurrency exchange, has made a new statement regarding its altcoin listing process.
Accordingly, Binance introduced a three-stage Alpha-Futures-Spot listing system.
The exchange also added that it aims to help altcoin projects better understand how to participate in Binance’s listing ecosystem and increase user confidence regarding the quality and legitimacy of listed assets.
In its statement, Binance announced that there will be a new three-stage process for listing projects on its platform.
Binance stated that the new system will offer various listing options to suit the different status and needs of projects, and will evaluate projects based on their performance and potential.
Accordingly, the exchange will guide altcoin projects through the Binance Alpha, Binance Futures, and finally Binance Spot phases.
The first phase, Binance Alpha, aims to announce promising projects to the community in advance.
Projects that meet certain criteria can then be listed on the Binance futures market.
Those who meet all the final requirements can gain full liquidity by being listed on the Binance spot market.
“Binance Alpha serves as an initial stepping stone to introduce promising projects to the community.”
Projects that demonstrate strong performance and meet key criteria may be listed on Binance Futures, thereby expanding trading opportunities through perpetual futures contracts.
Projects that meet the upgrade criteria will be listed on Binance Spot.
Binance stated that this three-stage structure aims to systematically guide quality projects to the market and increase user confidence in the listing process. The exchange added that progression through the stages is based on a comprehensive assessment encompassing project fundamentals, user engagement, and regulatory compliance.
*This is not investment advice.