Binance, the world's largest cryptocurrency exchange, issued a statement on December 17th detailing its listing process and listing pathways for different product lines. Simultaneously, it issued a warning to the community, urging project teams and users to be vigilant against scams involving third parties impersonating Binance employees or listing agents. Binance emphasized that the platform does not charge any listing fees to any projects and has not authorized any intermediaries to handle listing matters. An official Binance blacklist was also attached at the end of the statement.
Binance: Currently, there are only three listing channels: Alpha, Futures, and Spot.
Binance stated that it currently offers three main listing channels: Binance Alpha, Binance Futures, and Binance Spot, to meet the needs of projects at different stages of development and with different token statuses.
Binance Alpha is positioned as a token screening platform before spot listing, focusing on promising early-stage Web3 projects. It provides diverse token distribution and community participation mechanisms such as Pre-TGE, Prime Sale Pre-TGE, TGE, Alpha airdrops, and Booster to help accumulate market momentum before the official listing.
Binance Futures is the world's largest cryptocurrency derivatives platform by trading volume, allowing users to establish long and short positions through perpetual contracts, enabling them to trade and hedge risks without directly holding tokens. Some projects with strong fundamentals and market performance may receive contract listing opportunities during the Alpha stage.
Binance Spot provides users with a direct channel to buy, sell, and hold crypto assets, and offers mechanisms such as Launchpool, Megadrop, and HODLer airdrops to bring greater exposure and user participation to projects. Binance points out that a very small number of projects that meet high standards may also directly enter the spot market without going through the preliminary stages.
Binance has released a blacklist, which includes a Web3 Port partner.
Binance explains that its listing process employs a phased upgrade mechanism, from Alpha and futures to spot trading, comprehensively evaluating token performance and potential at each stage. The evaluation covers product quality, real-world use cases, token utility, user and growth metrics, token economic model, team background, technical and compliance risks, and user protection measures. For projects with already circulating tokens, Binance also further reviews trading volume, liquidity, valuation, and token allocation, and conducts necessary due diligence in accordance with its regulatory obligations.
In its announcement, Binance specifically pointed out that there has recently been a surge in scams impersonating Binance employees, business development personnel, or official listing agents. These individuals typically solicit fees by promising guaranteed listings. Binance emphasizes that all such claims are fraudulent; the platform does not charge any fees for listing applications or assessments and does not recognize any third-party intermediaries.
Binance reiterates that listing applications will only be accepted directly from the project founders or core members, and must provide KYC information. If a project is found to have used a third party, the application will be immediately disqualified and may be blacklisted, affecting future listing opportunities. Projects that proactively report intermediaries and provide valid leads will receive priority review.
At the same time, Binance also released a list of individuals and entities that have been blacklisted by its internal audit:
- BitABC
- Central Research
- May (Partner at Web3 Port)
- Dannie
- Andrew Lee
- Suki Yang
- Fiona Lee
- Kenny Z
Binance stated that it will take strong measures, including legal action, to combat fraud, and has set up a dedicated reporting email address: audit@binance.com. Anyone who provides concrete evidence and whose report is verified can receive a reward of up to $5 million. Binance also reminds users that any request for "listing fees" or trading support fees is a scam. Users and project teams must verify information through official channels to protect themselves and the community.
This article, "Binance Releases Industry Blacklist, Web3 Port Partners Included! Reiterate: Listing Agents Are All Scams," first appeared on ABMedia (a ABMedia ).
