Binance CEO Richard Teng clarifies Launchpool quota issue

Odaily Planet Daily reported that Binance CEO Richard Teng published an article on the X platform, detailing the Launchpool quota issue that users are concerned about. Teng emphasized that the quota of the Launchpool project is strictly for Binance users, Binance will not make profits from it, and the final quota allocation is determined by the project party.

To ensure fairness and transparency, Binance has implemented a number of control measures, including setting a maximum holding limit for each Launchpool and Pre-Market user. This not only allows the project to reach users widely, but also provides necessary protection measures. In addition, Binance also has a strict token review process and a dedicated market monitoring team to ensure the security and compliance of platform trading activities.

The future of Bitcoin is still full of hope, and we look forward to the emergence of more innovative projects! 🚀