How Binance Selects New Cryptos?
At #Binance , the selection of new cryptocurrencies is not a simple matter. He Yi, co-founder of Binance, revealed that each project must go through a series of strict evaluations before obtaining the precious sesame. Here are the essential criteria:
Technology and market potential: The project must be based on solid technology and have significant market potential.
Popularity and user interest: The level of market and user interest is closely scrutinized.
Investor support: A project must have reliable financial support to ensure its sustainability.
Project life cycle: Its lifespan and sustainable development potential are also assessed.
He Yi also mentioned that it is crucial to manage users' often unrealistic expectations. So, for those who dream of 100x or 1000x returns, a quick reminder: even with Binance, there is no magic wand! 😅
What do you think ? Have you already spotted a crypto that you think deserves to pass these criteria? Or do you have questions about the process? Tell us everything in the comments!
