Binance to Continue Delisting Subpar Crypto Assets: Brutality of the Bear Market
Binance CEO Changpeng Zhao reaffirmed his commitment to users yesterday by discussing the recent delisting of crypto assets from the platform.
One interesting thing is that Binance does not issue any warnings to the coin teams, so there is no way to fix any problems to avoid delisting.
Seems to me that the future will see some kind of tiered markets, just as already exist in stockmarkets, with less stringent rules for startups and small caps.
You can watch the AMA here:
https://www.pscp.tv/w/1nAJEyAyjrnJL
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I think it's for the best. Some of these coins are just dead projects or fake projects
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Yes, though we may also see exchanges buying each other up. On the internet, everything is "local" hence there tends to be one winner... plus the rest. I recall NASDAQ tried to buy the LSE some years ago :-) We're not there yet in crypto-space as we don't know the winners.
Very interesting. Thanks for sharing.