Binance introduces review mechanism to remove unqualified tokens
The qualitative and quantitative criteria for token removal include trading volume stability, community popularity and project team credibility.
Binance announced on March 12 that its Alpha platform has implemented a new comprehensive token review framework that will aim to remove tokens that don’t meet certain quantitative and qualitative criteria.
The quantitative metrics include trading volume stability, liquidity depth, frequency of onchain transactions and distribution of tokenholders. The qualitative metrics include project team credibility, adherence to regulatory compliance, community popularity and more.
Tokens that don’t meet these standards will be removed from Binance Alpha, the announcement said.
