Binance, the world's largest cryptocurrency exchange, has announced its new platform called Binance Alpha to promote early-stage altcoin projects.
Binance stated that the Binance Alpha Platform will be available within Binance Wallet and users will be able to discover projects that have the potential to be listed on the exchange.
“We are excited to introduce Binance Alpha, our new platform within Binance Wallet that shines a light on early-stage crypto projects with growth potential within the Binance ecosystem.
Binance Alpha will serve as a pre-listing token selection pool designed to increase transparency in the token evaluation process for Binance Exchange listings.”
He said that the tokens featured on Binance Alpha have been carefully selected using Binance’s industry expertise and advanced insights, and are aligned with strong community interest, growing interest, and key trends shaping the crypto space.
Binance added that altcoins listed on Binance Alpha will be considered for listing on the Binance Exchange in the future, although this is not a guarantee.
Stating that the first token announcements will be made on December 18, 2024, Binance said, “Users can explore Binance Alpha and discover altcoin projects on Binance Wallet starting from December 18, 2024. Five tokens are planned to be announced on December 18, 2024, followed by five tokens on December 19, 2024, and five more tokens on December 20, 2024.”
Introducing Binance Alpha, a new platform within #Binance Wallet spotlighting early-stage crypto projects with growth potential.
Serving as a pre-listing token selection pool, it enhances transparency in the token consideration process for Binance Exchange listings.
Launching… pic.twitter.com/1N8BCRfvZc
— Binance (@binance) December 17, 2024
*This is not investment advice.
