Binance Revamps Token Listing Process, Bans Use of Middlemen

The crypto exchange has introduced stricter listing rules, prohibiting intermediaries and blacklisting entities accused of fraudulent practices.

Summary

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Terms & Concepts
  • Token Listing: The process by which a cryptocurrency exchange adds a new digital asset to its platform for trading.
  • Binance: A global cryptocurrency exchange platform offering trading, listing, and related services for digital assets.
  • Deal Broker: An intermediary claiming to facilitate token listings, often charging fees; some engage in fraudulent or deceptive practices.