March 10, 2025
Empowering Users
After the community had been asking for such a model for years, Binance is finally letting users vote on which tokens should be listed or removed. Pre-selected projects will go through due diligence after voting.
Source: X (@binance)
In related news, the cryptocurrency exchange also created a “monitoring zone” for underperforming projects, which users can vote to delist.
More Control But Higher Risk
As new tokens continue to flood the market, both Binance and Coinbase are exploring new methods for evaluating projects with real value. Coinbase’s CEO Brian Armstrong also discussed moving towards a hybrid approach for listings.
While the new model gives traders more control, it does however open the door for manipulation risks, particularly pump-and-dump projects. Brian stated that every exchange must adapt to stay relevant.
