The recent rise and fall of the Test Token (TST), which briefly reached a market value of $ 500 million, He has asked questions about how Binance
$ 8.65b
In February 10 Ask me anything (Ama)Binance co -founder Yi explained the key factors that influence their listing decisions To address these concerns.
Many investors Use centralized exchanges (CEX) Like Binance and Coinbase
$ 2.14b
Did you know?
Subscribe: We publish new cryptography explanatory videos every week!
What is Defi 2.0? (Explained with animations)
This can Create sudden price drop once the token appears in a great exchangesince the first buyers sell fast profits.
Yi el described three main criteria Binance considers adding new tokens. First, the exchange looks How profitable is a token for investorscomparing its initial price with its long -term performance.
Second, Binance Prioritize projects that provide innovation and attract new users who can continue using blockchain technology. Finally, the company Consider tokens that generate strong market interest And they work well in other exchanges.
In addition, YI said:
If a token with solid technology and market demand does not appear in Binance, we run the risk of losing the market share.
She also noticed that Binance’s The selection process includes a variety of tokensfrom projects backed by risk capital to long -term investments and even meme coins.
Meanwhile, Brian Armstrong, CEO of Coinbase, recently requested changes in how his cryptography trade platform manages tokens listings. What did you suggest? Read the full story.
Having completed a master’s degree in economics, politics and cultures of the Oriental Asia region, Aaron has written scientific documents that analyze the differences between Western and collective capitalism forms in the era after World War II.
With about a decade of experience in the Fintech industry, Aaron understands all the most important problems and struggles facing cryptography enthusiasts. He is a passionate analyst who is concerned about data -based content and based on facts, as well as the one who speaks for both web3 natives and for the newcomers of the industry.
Aaron is the reference person for everything and anything related to digital currencies. With a great passion for blockchain & web3 education, Aaron strives to transform the space as we know it and make it more accessible to complete beginners.
Aaron has been summoned by multiple established means and is an author published. Even during his free time, he likes to investigate market trends and look for the next Supernova.