The co -founder of Binance has solved concerns about Exchange’s token listing criteria after the rapid rise and fall (TST) tokens, which has reached a market cap of $ 500 million.
Most retail Cryptocurrency investors allocate capital through centralized exchanges (CEX) such as Binance and Coinbase, and tokens listed on the CEX obtain significant interest and high investor demand.
The most important criterion for token listing is the return on investment (ROI). YI He, co -founder of Binance, is calculated by comparing the first average price of other CEXS with quarterly performance. The interview was published on February 10.
Binance’s second benchmark is the ability to bring new users to the industry and bring new users to the industry.
The third and final criteria, which include “a market with a significant market with a significant market with a market with a significant market,” will investigate the market performance of tokens on other major exchanges. “There is a risk of losing its market share if a token with” strong technical charm and market hype “is not listed in Binance.”
“These three standards help to deal with a wide range of projects, including very popular” VC token “projects and even memecoins with strong long -term potential.
He said Binance co -founder and former CEO CEONGPENG Zhao said, “The Binance listing process is slightly broken.” inventory.
source: CHANGPENG Zhao
DEXS is generally used by advanced traders to find emerging cryptocurrency before the CEX listing, which is often used as a short -term purchase signal for listed DEX traders when the token is listed.
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My rich trading, internal violation problem
Binance implements strict regulations and internal compliance measures. According to HE, Binance’s internal investigation discovered more than 120 illegal acts and fired 60 employees.
But most violations were not related to internal rich trading. Binance imposes strict restrictions on employees who participate in trading activities, he said. Instead, the most common problem is that it is associated with redirection of bribery or company wallet address with a personal account.
“We have taken legal action and submitted a report on such cases, which includes both domestic and international jurisdictions.”
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TST token rally ignites about $ 500 million token list issues.
Interest in Binance’s token list criteria was first created by investors as memes tokens, despite being first created as part of BNBS Chain’s tutorial.
TST/USD, market cap, ideological chart. Source: Coinmarketcap
The TST token temporarily rose on February 9 to $ 480 million, and is currently falling more than 50% to $ 192 million, according to CoinmarketCap data.
The name of the TST token was found only for test purposes for about 1 second in the BNB chain tutorial video for the 4.Meme platform.
TST token of BNB Chain Education Video. source: LAMAXBT
Despite the Zhao, despite the clarification of the token’s “not guarantee,” the influenza -based influenza community, which is based in China, has begun to promote it and increase its market cap.
https://www.youtube.com/watch?v=ndnryf5nlkw
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