Bitcoin Forum

Is it possible for a project to have Binance soon to be listed on its website and end up listing on Binance Exchange? As a newbie I knew Binance is a top exchange and probably one of the toughest to get listed on, seeing this makes me think its total bluffing, am I wrong?

If the project is new and trying to raise a fund using binance IEO that is another case and the news will also appear on the Binance exchange Twitter channel, I have never seen a new project boasting about getting listed on Binance, that is suspicious, can you give name of this project you referring to? It might even be a pump and dump project who knows.

I mean, it's obviously possible. Are they telling the truth or not — that's the question. I don't think it's a good idea to buy a coin/token in the first place solely because it's going to get listed on Binance.

This makes me remember the Alchemy pay project, they never said they will list on Binance but they have the Binance logo on their website right from day one and after a year and a half they listed on Binance Exchange, make sure the project utility is very good that should be your first priority, ignore every other thing.

That there is a huge red flag as from what I could see no serious project will announce something like that before it's announced by Binance (especially not weeks or months ahead) and scammy projects usually use Binance name to attract naive investors.


All you need to get listed on Binance is money, nothing else. You don't have to have working product, MVP, nothing so even if you are behind useless shitcoin with no real purposes, Binance will welcome you with the open arms. Not just them though, other top exchanges are not any better, including Coinbase which used to be  strict back in the day.

Perhaps it's an optimistic sentiment too.

If you've made a coin and you expect it to be able to fill a gap in the crypto ecosystem, maybe you expect binance will list it soon (this is normally how I'd take these statements).

Even rumours and news of binance accepting a coin might not be accurate because there's the chance they'll implement a coin due to the hype around it and a chance for the opposite (some more widespread "rumours" about coins being accepted by large exchanges might just be sentiment tests).

It can be a total bluff, yes. It's a way to make the project look better and more important than what it really is. If their way of presenting the system to their community centers around listing on Binance, you should stay away from something like that. A useful project will try to explain their technology and how they are different from the rest. Posting Binance announcements, moon pictures, and things like that shows ulterior motives.   

There is a possibility that the project team are trying to use this to lure many investors as possible, everyone loves Binance listing because of the pumps after the listing is life, but at the same time it will be stupid not to do research on the project very well and just invest because its going to Binance, something that may never happen.

These are some of the recent posts made by or about Binance, in relation to criteria that needs to (allegedly) be met so as to be listed on the Exchange:

https://www.binance.com/en/blog/all/binance-listing-tips-from-cz-421499824684902218
https://cointelegraph.com/news/binance-ceo-reveals-one-key-factor-for-token-listings
https://www.binance.com/en-IN/support/faq/053e4bdc48364343b863d1833618d8ba

The first link states that 98% of the applications do not even hear back from Binance, so if what you are seeing is a random coin/token it will likely fall under these circumstances.

They also state that key factors are a "proven team, a useful product, and a large user base". There is a large emphasis on the large user base element, as reflected on the second link.

The third link lists some of the related faqs, although It doesn’t really ad much over what the CEO states in the first referenced link.

All in all, not impossible to be listed, but improbable. Therefore, if they claim that they are going to be listed, which is not the way to go, by blabbing it out loud beforehand, see how the above applies in their case. If you query them on the matter, you might be able to easily spot loopholes in their narrative.

Binance soon doesn't mean Binance will notice a project. It's just all about making us fool and raising funds. Any exchange doesn't allow to project leak news before they announce it officially. That's their listing policy actually not announcing anything before finalizing the listing procedure. Any project would write soon with any exchange, but it doesn't mean they are going to be listed there or already processed. So don't evaluate any project once they write something like this.

Let's get listed and then write that shit on the website. Honestly, this is just the part of their marketing and I don't think anyone has a green light from the beginning. I would call it government-type marketing, where good promises are given but results always suck.
You'll have to play with luck, they may get listed or not but I think this type of marketing should give you an answer, they are trying to attract customers by giving them promises that they want to happen but at the same time there is no guarantee that they'll happen. They try to make you believe in this.

I don't think it's a good idea to register on Binance in the first place   :D

Last year I was checking Binance and I remember there was something like this written on Launchpad or Stake page: Binance tries to bring the best possible project for users but you should take it with a grain of salt.
Hope you get the point, do you remember that?
It's enough for people to read something like this and immediately do the investment.

Do you know what's funny when a token gets listed on Binance? Some people immediately buy it but somehow they always end up bad. Remember a dumb project Alice, people fell for it immediately.

many projects got listed on Binance without payment in the last 2 years even CZ binance attested to it on Twitter . The exchange was scared of missing out of the transaction fee from such a high volume trade, which is business intelligence. Many meme coin were beneficiary of this and still on binance till date. Some influencers in the space with big money have so much strength to pull coins on top exchanges.

True, but the point remains the same; Binance (and other top exchanges) will list absolutely anything as long as they can profit from it. Unfortunately, many newbies still think that if something is listed on Binance/Coinbase that its a sign of legitimacy while it couldn't be further from the truth.

Thats out of usual process. Binance listing is normally surprise and its NDA for other projects to say that they will be listed on Binance. Probably its best to stay that way, cause when there is a sure listing announcement people will probably jump into that hoping for a pump and fomo which is not good.

I'd rather stay away because its obvious that Binance isn't even aware, there was a project that did this last year and the get listed on LATOKEN  ;D saying binance listing is still coming and today this project had almost Zero volume, stay away from any project that promise Binance listing.

I have read somewhere that you somehow have to have 50 BTC or something but I'm not sure it's true though. What I'm sure of is that it is said in the guides that the listing fees are being donated 100% to the Binance charity. [1] (https://www.binance.com/en/support/faq/053e4bdc48364343b863d1833618d8ba)

Getting listed on Binance requires patience as well. You would need to apply to this as well but you need to be registered first. [2] (https://www.binance.com/en/my/coin-apply)

References:
[1] - https://www.binance.com/en/support/faq/053e4bdc48364343b863d1833618d8ba
[2] - https://www.binance.com/en/my/coin-apply

If you know how much it costs to get listed on Binance exchange you will quickly realised that such a project is a joke, a new project that has no popular partnerships and not well funded can not make it to top exchange unless the project ranked up by itself due to high quality utility then top exchange will start listing such project with zero requirement.

There are projects got listed on binance without even paying a single penny. But that project must be a lot of hell of trading volume, as this is also a perks of binance since they earned from fees. So not all projects listed there are paying their huge fees. Some are free but of course your project must be a good one and literally trending off to coast.

Personally, there are many reasons I disagree with your opinion

• It's against freedom of speech.
• People are free to expose to news and how they filter news, how they verify it and how they response to news. It's freedom of own research and reaction
• Exchanges should do their due diligent research to avoid scam projects but in the end, their priority is get as much income from traders on their platforms as possible.
• I see people are too easily to call a project as a scam one only because they are in pain with their investment. It's not true. You can in pain or in gain with any type of investment and your temporary investment result does not decide a project is a scam one or a good one

Those projects  use this method as a gimmick to lure crypto newbies/gullible minds to invest in them, they end up running away with their money. Any project that is legit will have utility, state their intentions about the project in their whitepaper and show a reasonable way to achieve these goals, etc. This will drive investors to the project, not using the influence of Binance exchange as a big crypto broker or any other reliable crypto exchange to deceive and steal people's money.

From the projects perspective it is a milestone so why they are going to hide it? They will say it because it will create the hype and get more value to their projects but many projects are lying as well to make hype and sell their tokens for high price but it will never get listed on any real exchanges so beware of news that you're seeing about exchange listing.

For sure any project could show you this information on their website and call it bluff,scam or whatever but if you are investing your money into some shitcoin or scam project solely for the reason that it could get listed on Binance then you are wrong at the first place only so don't go this way.

Binance is most big exchange and is trusted by many but did this give you guarantee that listed coins will give you profits over time and are not going to be scam? So why this thought on mind?

Second Binance is centralised exchange that could restrict you from your funds and prone to hacks so avoid using them for safety of your funds.

I beg to disagree as in 100% of the cases its only being used to fool the investors and for absolutely nothing else and that's why you will see Binance on the roadmap of only the shittiest altcoin projects.

Very true , this kind of things are only done for catching and attract people and users to there project.
I have seen that a few times with diffrent projects and Coins with a few Exchanges Names.
If they are listed there all is fine , but if they dosnt listed on it , its just a strategy.

Of course it's great if the project is really serious about wanting to do it, but I can assure you that only a small part of the thousands of altcoin projects that manage to get a chance to list their products on binance and the rest fail. So even though the team says it will be done in x time period as per the roadmap, then I don't think potential investors should 100% believe it unless the project implements launchpad on binance.

A bluff is only part of a selling strategy to convince investors, but basically investors must fully analyze whether it is convincing or just a bluff.

In essence, you as a community and supporter do not want to be disappointed by false claims. So this kind of announcement doesn't need to be hidden as it would at least be profitable, just need to verify they have actually tried to reach binance or whatever exchange they claim. Creating enthusiasm at the start of the launch is different from just creating a sensational bullshit, it's clearly misleading.

Binance listing is really appreciated for any crypto projects as Binance is the largest Crypto Exchange. But any project can get listed in Binance if they pay the listing Charge. So listing on Binance doesn't mean that the project is much good and will give huge return. And it's not necessary to be hidden when any project is getting listed on Binance.