Binance Offers $5M Reward to Combat Fraudulent Listing Agents

Binance Enhances Listing Transparency and User Protection

  • Binance updated its listing process across Alpha, futures, and spot markets to enhance transparency and deter fraudulent activities.
  • The exchange offers up to $5 million for evidence against fake intermediaries posing as listing agents.
  • Projects must submit listing applications through official channels, rejecting external brokers or intermediaries.
  • Binance emphasizes user protection, regulatory compliance, and project quality in its operations.

New Initiatives: Binance Junior App and Deleted Account Service

  • Binance launched the Binance Junior app, allowing children aged 6-17 to manage crypto portfolios under parental supervision.
  • The Deleted Account Service enables former users to access transactional reports without waiting for Data Protection Office approval.