BANANAS31 and BID Battle for a Spot—Binance’s Vote to List Gets Heated
Binance has introduced its first “Vote to List” program, allowing users to vote on which BNB Smart Chain (BSC) tokens will be listed on its platform. The voting period began on March 19, 2025, at 5:00 PM UTC and will continue until March 26, 2025, 4:59 PM UTC, representing an important step toward community-managed governance in cryptocurrency listings. To participate, users must hold at least 0.01 BNB in their verified accounts on the exchange, with each account permitted one vote for up to five of the nine eligible tokens: TUT (Tutorial), BANANAS31 (Banana For Scale), KOMA (Koma Inu), SIREN (SIREN), BID (CreatorBid), Broccoli (CZ’S Dog), mubarak (mubarak), WHY (why), and Broccoli (Broccoli). Tokens with the most votes, subject to the exchange’s due diligence, will be listed, enriching the BNB Chain ecosystem, which is world-famous for cheap, fast transactions. Also read: 10M+ Views on Binance Feed – Your Crypto Project Could Be Next! This voting process aligns with the platform’s recent push to decentralize its listing process. However, the exclusion of non-BSC tokens like Pi Network has stirred debate, with some users voicing frustration on X due to Pi’s strong support in prior polls. Community Uproar and Process: Binance’s Vote Starts Debate Over Token Exclusions The “Vote to List” program is an expression of the exchange’s commitment to engaging its user base of over 180 million across more than 180 countries. Votes are cast through Binance Square Official, with real-time results displayed but not finalized—listing decisions depend on Binance’s thorough evaluation of project fundamentals, tokenomics, market performance, technical risks, and team compliance, as detailed in the exchange’s official announcement on X. You asked for it, we made it happen!#Binance is excited to launch the first-ever Vote to List round, featuring BNB Smart Chain-Exclusive tokens! Your voice matters – start casting your votes in the next 30 minutes and help shape the future of token listings! Find out more ⤵️… pic.twitter.com/Ci3O441V9W— Binance (@binance) March 19, 2025 The focus on BNB Smart Chain tokens is part of the exchange’s strategy to strengthen its ecosystem, which supports EVM-compatible smart contracts and has undergone recent upgrades. The process excludes tokens from other blockchains, such as Pi Network, which operates independently, limiting global participation. Also read: Binance Earn: Your Guide to Earning Crypto Rewards Future Shocks Ahead: How Binance’s Decision Could Change Crypto Listings Users have expressed their excitement and criticism from BSC token communities, while some are advocating for specific tokens, while Pi Network supporters have expressed discontent. Despite 85% support from the community in a past Pi vote, its absence here has drawn attacks labeling the exchange’s approach selective. This program can be used as a model for future listings, potentially extending to other blockchains. Also read: How To Stake on Binance: Your Guide to Passive Crypto Income As voting progresses, the cryptocurrency community closely monitors the outcome, which could influence BNB Chain’s growth and the platform’s reputation for user engagement. How You Can Earn $2,000 in USDC With Binance! Join the exciting opportunity to earn up to $2,000 USDC by signing up on Binance! By inviting your friends to join, both you and they can unlock this incredible bonus. Imagine the potential earnings as you accumulate rewards together! With just a few simple steps, you can start trading and watch your profits grow. Don’t miss out on this chance to boost your trading experience—use my referral link today and start earning! Visit Binance now! Toheeb is an insightful blockchain reporter with deep knowledge of cryptocurrencies. With years of experience in financial journalism, Toheeb covers the latest developments in blockchain technology, cryptocurrency trends, decentralized finance (DeFi), and regulatory updates. Known for breaking news and in-depth analysis, Toheeb brings new angles on how blockchain is transforming industries and changing the global economy. From uncovering market movements to providing expert commentary on new technologies, Toheeb is dedicated to keeping readers informed about the developments in blockchain-related topics. View all posts