Cryptocurrency exchange giant Binance has released a comprehensive update regarding its listing and delisting criteria on its Spot, Futures, and private Binance Alpha platforms.
The update shows that it has a rigorous due diligence process focused on project fundamentals, tokenomics, technical risks, and regulatory compliance.
In an official announcement titled “Important Notice Regarding Binance Listing Information and Requirements,” Binance detailed its multi-layered approach to evaluating crypto projects seeking to be listed. The listing framework now includes three primary categories:
Binance Alpha
Divided into circulating and non-circulating projects, Alpha Featuring serves as a launch pad for early-stage and emerging projects.
Projects with Tokens Not in Circulation:
These include projects in the Token Generation Event (TGE) phase, eligible for Private TGEs or Alpha Initial Airdrops. Key evaluation criteria include:
- User Adoption and Industry Relevance
- Business Model Applicability
- Token Distribution and Vesting Programs
- Code Quality, Security History, and Technical Complexity
- Team Background Checks and Compliance Risk Assessments
Projects with Tokens Currently in Circulation:
Projects that are currently publicly traded must meet performance criteria that include:
- Trading Volume and Liquidity
- Historical Price Stability
- Market Value (MCap) and Fully Diluted Valuation (FDV)
Binance currently supports Alpha for projects on BNB Chain, Solana, Base, and Ethereum
Futures Listing
Projects listed on Binance Futures are evaluated based on their Alpha history or, if not in Alpha, through a full fundamental review. The critical criteria are:
- High trading volumes and price stability
- No pump-dump behavior
- Maintaining compliance with unlock programs and tokenomics
- Legislation and team integrity
Spot Listing
For projects applying for spot listing, Binance will use the following criteria:
Existing Futures or Projects Listed on Alpha: These should show consistent performance and sustained trading interest.
New TGE Projects: Teams are encouraged to explore Binance Launchpool, Megadrop, or HODLer Airdrops before applying for a direct spot listing.
Delist Criteria
Binance will conduct periodic reviews of all listed assets to maintain listing standards. Projects may be delisted based on the following red flags:
Team and Management Issues:
- Lack of development or updates
- Poor communication with Binance or the community
- Failure to respond to due diligence requests
- Major disruptions in team or ownership
Market Performance:
- Low commercial activity or market depth
- Volatile or manipulated price behavior
- Persistent negative feelings or loss of community support
Security and Compliance:
- Network vulnerabilities or past security breaches
- Unexplained changes in tokenomics that put owners at a disadvantage
- Failure to comply with evolving regulatory obligations
- Fraudulent or unethical behavior
*This is not investment advice.
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