Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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EN: The main consideration for listing on Binance is whether the project has a genuine user base.
2023-07-05 12:09:29
Odaily News: Binance CEO CZ stated in a Twitter Space session that the most important factor for Binance when listing a coin is whether the project has a genuine user base and real-world use cases. If these are lacking, then the team and historical factors will be taken into consideration. Binance does not want projects that rely solely on Binance users as their initial users, as this carries a high risk. In addition, CZ also mentioned that it is better to focus on long-term product development rather than excessively worrying about getting listed on Binance.