I thought Binance's only criteria was to pay 7 figures to them to get listed, its nice to see they at least have some level of standards. I kind of wonder if they are legally allowed to their exchange listing fee back if they are delisted for any reason other than directly criminal.... I'm also excited to see what Binance DEX will charge as fees and will it be as mutually exclusive.
Times and things are changing bro and a time will come when it will not just have to be about listing fee, but with regulations, the whole criteria will be about not being a shit coin which is one thing I feel binance is doing right now. It is a good thing for the market, at least, to get rid of all the shit coins in the market which I believe at the end, is something we are likely to see happen anyway for the exchanges to be able to gain the trust of traders and investors who will want to use them. It is not just about listing coins, it is about listing the quality ones that matters.
@OP: We are beginning to see mainstream adoption kick in, institutions beginning to want to take even more leap than they have before and in all these things, the possibility of seeing riff raffs like you call them will start becoming a thing of the past.
It is not just binance, but bittrex has also been doing that lately a lot as well, which is why this is a good reason why people should always look at what they want to invest in as a time would come when some of these coins will not even have a space in the market as no one will give a hoot about them in the long run and if you do not know what to hold, at least just hold bitcoin.