Yigit Taha OZTURK 
Binance introduces a new community governance mechanism to give users a greater voice in the listing process. With the “Vote to List” and “Vote to Delist” systems, community involvement in project listings will be enhanced.
The cryptocurrency exchange Binance has taken a step to increase transparency in the listing process and encourage community participation. According to the announcement, users will now be able to vote for the projects they want to see listed through the “Vote to List” mechanism. At the same time, with the “Vote to Delist” mechanism, they can vote for the removal of projects that do not meet certain criteria.
Binance has stated that it does not charge listing fees and that projects’ listing budgets will be disclosed. These budgets will be distributed to Binance users through various airdrop events. Additionally, projects conducting Token Generation Events (TGE) through Binance Wallet will gain direct access to the Binance Alpha Observation Zone.
Binance’s New Listing Mechanism
Vote to List: Binance users will be able to vote for the projects they want to see listed. The projects with the most votes and that pass Binance’s due diligence process will be listed.
Vote to Delist: The community will be able to vote to delist projects that lag in product development, fail to share updates, or pose risks.
Click to Register for a 20% Commission Discount on Binance Exchange!
Binance Listing Options
Binance continues to offer investment opportunities to its users through various listing methods:
- Launchpool: Users can lock BNB and other supported assets to earn free tokens from new projects.
- Megadrop: Provides early access to Web3 projects.
- HODLer Airdrop: Rewards users holding BNB with token distributions.
- Direct Spot Listing: Grants strong projects direct access to Binance’s listing.
- Pre-Market Trading: Selected tokens can be traded before their official listing on Binance Spot.
With this new listing mechanism, Binance aims to empower the community and ensure a fairer evaluation process for projects. Further details and participation requirements will be shared in the coming days.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.