2024

Coin

<ul class="news-points">
 <li><strong>Binance regularly reviews cryptos for development status, liquidity, and negative information.</strong></li>
 <li><strong>Binance aims to reach 1 billion users, doubling its current 200 million user base.</strong></li>
 <li><strong>Binance’s strict compliance protocols include rigorous KYC and due diligence measures.</strong></li>
</ul>
<p>Binance co-founder He Yi revealed the exchange’s <a href="https://coinness.com/en/news/9016?id=9016" target="_blank" rel="noopener noreferrer nofollow">strategy</a> to address “zombie coins” and maintain competitiveness during a recent Twitter Space hosted by Binance Chinese.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="zxx" dir="ltr"><a href="https://t.co/G5f4ABjXGB" target="_blank" rel="noopener noreferrer nofollow">https://t.co/G5f4ABjXGB</a></p>— 币安Binance华语｜Web3钱包已上线 (@binancezh) <a href="https://twitter.com/binancezh/status/1801205412664119672?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 13, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>With aims to reach 1 billion users, Binance has recently quadrupled its user base to <a href="https://coinedition.com/ceo-appreciates-the-community-for-binances-200m-user-base/" rel="noopener noreferrer nofollow">200 million</a> in the last two years, and this news coincides with ongoing strong user growth.</p>
<p>Yi discussed how Binance regularly evaluates every cryptocurrency listed on its platform, focusing on liquidity, development stage, and any negative information. Despite meeting these requirements, cryptocurrencies receive monitoring labels.</p>
<p>This methodical approach ensures that only strong and dependable cryptocurrencies are actively traded on the platform. Binance has also established a specific department responsible for these ongoing monitoring tasks t…</p>
<p>The post <a href="https://coinedition.com/binance-tightens-crypto-listing-standards-targets-zombie-coins/" rel="noopener noreferrer nofollow">Binance Tightens Crypto Listing Standards, Targets ‘Zombie Coins’</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Binance Tightens Crypto Listing Standards, Targets ‘Zombie Coins’

Coin Edition

Other articles published on Jun 13, 2024

Fhenix Joins Forces with Privasea to Advance Secure AI App Development

Bitcoin ETFs Record $101M Inflows, Reversing Previous Outflows

Solana (SOL) Might Skyrocket 53% If This Support Holds

EU Banking Authority Finalizes MiCA Crypto Framework

Bitcoin mining ‘Made in the USA’? This is Donald Trump’s plan

SushiSwap (SUSHI) Faces Bearish Trends Amid Technical and Fundamental Weakness

Join our free newsletter for daily crypto updates!