Binance co-founder has clarified the company's asset listing policies in an effort to address Fear, Uncertainty, and Doubt (FUD) surrounding their practices. The executive disclosed that 98% of token listing applications do not receive a response from the exchange. This serves to provide transparency on how Binance operates in evaluating new assets.
The statement underscores Binance's selective approach in adding new tokens to its platform, aligning with its commitment to high standards for security and viability. By making these details public, Binance aims to strengthen trust within the community.
Source: cointelegraph.com ↗