Binance is the leading cryptocurrency exchange platform. With nearly $20 billion in daily volume, it is positioned at the top, far ahead of its competitors. Now, it is trying to make access to cryptocurrencies even easier with the launch of Binance Alpha.
- Binance has launched a new platform, Binance Alpha, to analyze and discover new crypto projects.
- This platform could influence future token listings on Binance, bringing transparency to the selection process.
Binance Alpha: the opportunity detector
Tuesday, December 17, the Binance teams announced the opening of a new service called Binance Alpha.
In practice, this is added to the services already offered by the Binance Wallet. In fact, it is a platform dedicated to the analysis and discovery of new crypto projects.
“Binance Alpha is a pre-listing token selection pool designed to improve transparency in the process of reviewing tokens for listing on the Binance exchange. »
Thus, Binance will carefully select tokens that have strong community interest, positive dynamics, and alignment with current ecosystem trends.
Additionally, this platform could play a role in which tokens will be listed on Binance in the future. As stated in the announcement:
“While there are no guarantees, some tokens listed on Binance Alpha may be considered for future listings on the exchange, providing users with valuable insight into projects that could have impact sustainable developments in the blockchain and Web3 sectors. »
The platform opened its doors this Wednesday, December 18 with the addition of 5 tokens. Subsequently, 5 additional tokens should be added on December 20.
It’s a safe bet that Binance is using this platform to test the memecoins it will list in the future. Indeed, Binance recently saw its volumes explode following the listing of memecoins such as CAT or PENGU.
Business
Related News :