Binance introduces community governance with new listing and delisting votes

Binance has announced enhancements to its listing mechanism by introducing a Community Co-Governance Mechanism for Listings. This initiative aims to provide users with a stronger voice in the process. The announcement was made on the social media platform X on March 7.

According to Binance, the new community co-governance structure allows users to vote on listing or delisting cryptocurrency tokens on the platform. This move enables direct participation in decision-making, enhancing transparency and decentralization. Users holding at least 0.01 BNB can vote to support projects for listing or remove underperforming tokens, ensuring that the community significantly influences the platform's offerings.

As reported by Cointelegraph, Binance remains the world's largest cryptocurrency exchange by trading volume, processing over $30 billion in daily trades as of early 2025. This dominant position underscores Binance's significant impact on the global cryptocurrency market, influencing trading behaviors and market trends across various digital assets. The exchange's extensive user base and high liquidity levels contribute to its central role in the crypto ecosystem.