Binance announced new altcoins to be listed. Binance now aims to make the listing process more transparent. SUI is among the altcoins featured in the announcement.
Binance.US made an important announcement regarding the digital asset listing process. The update aims to increase transparency and improve user engagement by proactively disclosing potential assets being considered for listing on their platform.
SUI stands out in the listing
Binance.US stated that it considers Sui (SUI) as one of its assets. Sui is an authorized Proof-of-Stake network that supports the Move development language specifically designed for blockchain-based concepts. Move language increases smart contract security and programmability. Additionally, Sui aims to support a variety of decentralized applications across Web3 and decentralized finance.
By announcing Sui as a potential listing, Binance.US also emphasized that it is committed to diversifying its portfolio and offering users access to promising investment opportunities. The exchange also noted that it considers various factors such as market demand, anticipated trading volume and liquidity, regulatory status in the United States, and community participation when selecting assets for proactive announcement.
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