Binance takes into account several key factors when evaluating altcoin projects. These factors include the dedication and determination of the development team, the extent and excellence of the development activity, the volume of trading and the availability of liquidity. Furthermore, the stability and resilience of the network and its resistance against potential attacks, as well as the reliability of the network and smart contracts, are also crucial considerations. The level of transparency and engagement with the community, along with the promptness of responses to Binance’s due diligence inquiries, are additional critical factors in the evaluation process.
