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Why is NEM not listed on Binance?

avatarkapnikosDec 16, 2021 · 3 years ago3 answers

Why is NEM, a popular cryptocurrency, not listed on Binance, one of the largest cryptocurrency exchanges?

Why is NEM not listed on Binance?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    NEM may not be listed on Binance due to various reasons. One possible reason could be that Binance has not yet evaluated NEM for listing. Another reason could be that NEM does not meet the listing requirements set by Binance. It's also possible that there are regulatory or legal considerations that prevent NEM from being listed on Binance. However, it's important to note that the exact reason for NEM not being listed on Binance can only be confirmed by Binance itself.
  • avatarDec 16, 2021 · 3 years ago
    Well, NEM not being listed on Binance is definitely a disappointment for NEM holders. However, it's important to understand that cryptocurrency exchanges have their own listing criteria and processes. Binance, being one of the largest exchanges, receives numerous listing requests from various projects. They have to carefully evaluate each project before making a decision. So, it's possible that NEM is still under evaluation or it simply didn't meet Binance's listing requirements.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that Binance is a highly reputable exchange known for its rigorous listing process. While I don't have insider information on NEM's listing status, it's worth noting that Binance considers factors like project quality, team reputation, market demand, and legal compliance when deciding on listings. If NEM doesn't meet these criteria, it's understandable why it's not listed on Binance. However, it's always a good idea to reach out to Binance directly for the most accurate and up-to-date information on their listing decisions.