Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: erus on January 10, 2025, 01:09:30 PM
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Right now I'm checking this information on my smartphone and found something new about coin listings and it turns out that Binance is launching or listing 3 new coins at once. Cmiiw
(https://i.imgur.com/JKzr4uK.png)
The 3 coins listed at once on Binance are:
1. AIXBT https://coinmarketcap.com/currencies/aixbt/
2. ChainGPT https://coinmarketcap.com/currencies/chaingpt/
3. Cookie DAO https://coinmarketcap.com/currencies/cookie/
During my time in crypto, this is the first time I've seen Binance listing 3 coins at once, do you all feel the same way I do?
I see from this phenomenon that it proves that now listing on Binance is very easy, is that true?
They say (in my community), it used to be very difficult to be listed on Binance.
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True, under new CEO binance have easily regulation for listing new coins not matter list shit coin during have many shit coins get easily listing at market. Have difference when Binance still under CZ every month have few new coins listing on the market exactly with launchpool project but right now almost three to four project listing at launchpool every month.
Actually not problem for listing new coins but Binance must priority with top coins only listing at their market and get away from shit until meme coins listing on their market.
Unbelievable with many new shit coins listing from airdrop telegram project and price not interested yet after few weeks or few months listing at Binance.
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In the past they have set of fixed criteria to list any project but nowadays there is no set of rules, all depends on the Binance decision whether they want to list or reject. The claim that it has to meet these which are not definite can be found here
What Should Be the Criteria for Listing Any Coin on an Exchange? (https://www.binance.com/en-IN/square/post/530872)
Also the number of coins increased a lot compared to the past years so launching 3 at a time might be happening because of that as well.
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I guess that's just coincidence where there are lots of projects have waited in the queue then just accepted in the same day. About how easy their listing is, probably its still the same, if not there will be lots of new projects listed there everyday.
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I didn't follow what their previous listing rules was like, so i cannot say if anything has changed or if it is still the same thing. However, i used to hear people say it is difficult to get listed in Binance, i don't know if anything has changed, take note that listing 3 projects at once does not mean they have changed their listing policy.
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During my time in crypto, this is the first time I've seen Binance listing 3 coins at once, do you all feel the same way I do?
I see from this phenomenon that it proves that now listing on Binance is very easy, is that true?
They say (in my community), it used to be very difficult to be listed on Binance.
Back in the days, they are very strict when it comes to listing. Now that they have more competition, they need to loosen their rules a bit that's why they need to list way more coins. It's profit for them, and at the same time, it will make them stay afloat. New coins = revenue for them.
On the flip side, they can just delist tokens very easily as well as long as they don't see any trading volume for that token/coin for an X number of weeks or months maybe. Yes, it became way easier right now compared to what it was years ago, but it's for the betterment of the exchange in the end. Maybe having a new CEO has an effect, but if they become very strict when it comes to listing, project developers will just opt to be listed on other exchanges since there are many of them already.
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Back in the days, they are very strict when it comes to listing. Now that they have more competition, they need to loosen their rules a bit that's why they need to list way more coins. It's profit for them, and at the same time, it will make them stay afloat. New coins = revenue for them.
Of course you are right traders these days especially those who trade meme coins and looking for exchanges that support the newest coins and not just the bigger ones but most of them. This because it's easier to pack a ton of profit from coins that have liquidities that can easily be targeted. Smaller coins have their market cap tied to a small group or audience so it's easy to either pump or dump the price.
So as a result exchanges the don't support most of these coins won't be used by most people trading those coins hence their adjustments.
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New projects are like competition these days and Binance does not want to be lacking behind because they are the biggest crypto exchange so far, and it will be a big disappointment that smaller exchanges can list new coins and they don't allow that. The business is getting competitive and Binance needs to stay in the game by accepting any new project that wants to be launched through their exchange.
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I think it also depends on the volume you have in the coin. Before, there was a listing fee that would make it hard to push coins in Binance, and I think they depend on the part where there is volume in the exchange. As long as people are trading it, it will stay. I saw some coins being delisted because of the lack of interaction; that's why it's more of a volume type of thing and not just the influence and listing it has.
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During my time in crypto, this is the first time I've seen Binance listing 3 coins at once, do you all feel the same way I do?
I see from this phenomenon that it proves that now listing on Binance is very easy, is that true?
They say (in my community), it used to be very difficult to be listed on Binance.
Back in the days, they are very strict when it comes to listing. Now that they have more competition, they need to loosen their rules a bit that's why they need to list way more coins. It's profit for them, and at the same time, it will make them stay afloat. New coins = revenue for them.
On the flip side, they can just delist tokens very easily as well as long as they don't see any trading volume for that token/coin for an X number of weeks or months maybe. Yes, it became way easier right now compared to what it was years ago, but it's for the betterment of the exchange in the end. Maybe having a new CEO has an effect, but if they become very strict when it comes to listing, project developers will just opt to be listed on other exchanges since there are many of them already.
The reason could be like that and I agree with you but there is a point where if it is easy to list it means it is also easy to delete the coin.
Moreover, now Binance is very easy to list Meme coins that do not even have any utility at all, only relying on trading volume.
If the trading volume is getting smaller and the Meme coin has no utility at all then it will definitely be deleted immediately, it seems like this phenomenon makes Binance like a CEX that is less strict with regulations and only seeks profit, isn't that right?
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Before 2021, it was probably not that easy to list a coin, as Binance would have to do various types of research and then let them know their decision. At the moment it is natural that there will definitely be some changes with the arrival of a new CEO. It is now known to almost everyone that Binance no longer gives the same importance to listing as before. Because new coins are constantly coming in, which are turning into shit coins in just a few days.
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During my time in crypto, this is the first time I've seen Binance listing 3 coins at once, do you all feel the same way I do?
I see from this phenomenon that it proves that now listing on Binance is very easy, is that true?
They say (in my community), it used to be very difficult to be listed on Binance.
There is two pattern of listing on Binance I have seen recently and that makes me wonder if thag project is really serious about the future of Binance. Back then when CZ was around as the head of the company, even with your money your project wouldn't get listed but now that things have changed, money is what Binance is after, they chase only money.
Sometimes I wonder the way Binance is listing new coins, it's obvious they are chasing perhaps much money they restitute in the hand of US for allowing CZ to be out. They art just listing two main criteria which is ofcourse any project that gives them money to list and the other that can rekt people, it's no longer about the tech again and that's very bad.
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I think it also depends on the volume you have in the coin. Before, there was a listing fee that would make it hard to push coins in Binance, and I think they depend on the part where there is volume in the exchange. As long as people are trading it, it will stay. I saw some coins being delisted because of the lack of interaction; that's why it's more of a volume type of thing and not just the influence and listing it has.
I agree, Binance is a profit-driven company. If they see that the coin that's been trading is not giving them enough volume and profit, they have to delist it because they have to ease up the load on their server, so they will delist it and accommodate that, which will satisfy the volume they are looking for a coin.
And on criteria, I think they ease up on it I have seen so many memes and useless tap to earn-based projects get in and delisted after their popularity and volume wane or diminish
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It is now known to almost everyone that Binance no longer gives the same importance to listing as before. Because new coins are constantly coming in, which are turning into shit coins in just a few days.
If it is true that Binance have changed their policy, then i am curious why, i believe it is because they are only focused on making money only. It is better to be concerned about the kind of projects that are being listed, rather than focusing on just money alone, so it is a step backward for them.
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Unbelievable with many new shit coins listing from airdrop telegram project and price not interested yet after few weeks or few months listing at Binance.
And then, the pump and dump scheme must have happened to the coins. Is it possible because the competitors are starting to grow and many of them are also using this method to increase volume and attract more investors to come to the exchange? But, it doesn't make sense because it is Binance, the top exchange in the world, number 1 and it is inevitable that Binance has many advantages. Hmm, maybe the wheel keeps turning and they start with a new discovery like this?
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During my time in crypto, this is the first time I've seen Binance listing 3 coins at once, do you all feel the same way I do?
I see from this phenomenon that it proves that now listing on Binance is very easy, is that true?
They say (in my community), it used to be very difficult to be listed on Binance.
~snip~
Sometimes I wonder the way Binance is listing new coins, it's obvious they are chasing perhaps much money they restitute in the hand of US for allowing CZ to be out. They art just listing two main criteria which is ofcourse any project that gives them money to list and the other that can rekt people, it's no longer about the tech again and that's very bad.
I also think that Binance's marketing is oriented towards money. It could be like what you said because it was to patch up the money where CZ was released from prison in the USA. The effect is what makes us shake our heads because now Binance seems less trusted because it is easy to list Meme coins that have no utility.
But do you have any speculation that behind all this is CZ's basic thinking? I mean like this:
1. CZ in prison
2. Binance has its CEO replaced by Richard Teng aka RT
3. Binance still has CZ's vision and mission but is being played by Richard Teng
4. CZ is free from prison
5. Richard Teng is still the CEO of Binance and all the rules that Richard Teng uses are on CZ's orders
6. So, the main actor behind all this is still CZ
Do you think the same as me about Binance, CZ and Richard Teng?
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During my time in crypto, this is the first time I've seen Binance listing 3 coins at once, do you all feel the same way I do?
I see from this phenomenon that it proves that now listing on Binance is very easy, is that true?
Two things, the staff was on holiday so they barely resumed work, that's why the increased activity in the last week.
Second, they add multiple coins in a day as per usual rather than an exception, you can go through this topic
https://www.binance.com/en/support/announcement/new-cryptocurrency-listing?c=48&navId=48
and check the dates when the hype was at max, it's not a single-time event.
Besides with 400 coins and I don't know, but surely over 1000 pairs who bothers anymore?
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I guess that's just coincidence where there are lots of projects have waited in the queue then just accepted in the same day. About how easy their listing is, probably its still the same, if not there will be lots of new projects listed there everyday.
Of course, there will be a queue of coins to be listed and some altcoins or memecoins that are hyped will only be listed quickly because of their large transaction volume, so that Binance is interested and does not need to wait for any more time.
Binance makes a huge profit from every listing that is made.
Becoming a tier 1 exchange is most awaited when new coins are listed.
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We don't know what method the developer uses to be able to list their coin on Binance, what is certain is that there is money behind it... it is normal for the developer to make payments to the exchange, because listing on Binance is something that is a good achievement in the roadmap of the related project... the trading volume will increase and the related token/coin will get more attention...
Binance can list anything, but they also have a contract that if the related coin does not have a high enough trading volume, it will be delisted as soon as possible... think of this as a scale up place for some coins that want to get a price increase.
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Binance listing is the top goal and prize of any crypto project as it would mostly likely mean a bigger exposure for the coins or tokens and of course as a result a higher price for the listed digital asset. In the past, the general understanding is that it was very difficult to get in on Binance but maybe now things are getting easier...but it does not mean that just any project can get in anytime as there is a screening process in place to vet projects. But if Binance is getting more lenient compared to years ago then this can be good news for all new projects trying their luck on the biggest crypto exchange in the world.
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During my time in crypto, this is the first time I've seen Binance listing 3 coins at once, do you all feel the same way I do?
I see from this phenomenon that it proves that now listing on Binance is very easy, is that true?
Two things, the staff was on holiday so they barely resumed work, that's why the increased activity in the last week.
Second, they add multiple coins in a day as per usual rather than an exception, you can go through this topic
https://www.binance.com/en/support/announcement/new-cryptocurrency-listing?c=48&navId=48
and check the dates when the hype was at max, it's not a single-time event.
Besides with 400 coins and I don't know, but surely over 1000 pairs who bothers anymore?
1. If I look at the holiday factor because of the year, it could also be because of Binance's policy, but I think Binance should also be professional in managing all its employees, maybe the New Year's holiday can use a shift system for their workers and those who don't have a holiday during New Year can get more overtime than usual.
2. I also read the topic that there are a lot of coins queuing to list on Binance, I understand that because we all know that Binance is a famous Centralized Exchange and all coins want to be listed on Binance.
What surprised me was that the listing was at the same time, seconds, minutes, hours, dates, months and years were exactly the same.
If the listing was only one day different, maybe I wouldn't be too surprised.
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What surprised me was that the listing was at the same time, seconds, minutes, hours, dates, months and years were exactly the same.
Isn't it more efficient to do that compared to announcing each listing as a separate announcement? Honestly, I find no issues if they announce multiple listings at the same time. I mean, they announce delisting for so many tokens already, I don't think it's any different from that. It might save effort from making new marketing images, give their employees more rest, etc.
I also think their filter probably changed hence why they can list so many meme nowadays. On the other hand, the market always changes its trend so they probably just followed it (if they're not creating it in the first place). If I'm not comfortable trading them I won't do it even if Binance send me ads many times.