Binance, the world's largest cryptocurrency exchange, continues to announce new mechanisms that include its users in altcoin listing and delisting processes.
At this point, Binance made a new announcement and launched the “Vote to Delist” poll, which allows users to determine which altcoin will be delisted.
Accordingly, Binance stated that users can vote for altcoins with Watch Tags that they want to be delisted.
“Binance will be piloting the new delisting mechanism with a community-driven approach, and we are now inviting users to participate and vote for the first Vote to Delist projects.
Users can vote for projects with a Watch Tag that they would like to see removed from listing.
Each user can vote for up to 5 altcoins in the Delisting Vote pool.
Altcoins with Watch Tags are listed as follows:
“JasmyCoin (JASMY) ZCash (ZEC) FTX Token (FTT) ELF SNT STPT Balancer (BAL) ARK GoPlus Security (GPS) MBL Prosper (PROS) CTCX HARD BADGER CREAM FIRO VIDT NULS TROY ALPACA UFT”
Binance finally stated that these voting results are not the only criteria for delisting, and that the delisting decision will be determined by Binance according to its official review processes and standards.
*This is not investment advice.
