Binance Alpha, a newly launched platform within the crypto exchange’s Web3 wallet, continued its asset onboarding process by listing new tokens, including B3, FLUID, TOKEN, CPOOL, and DRIFT. The newly listed cryptocurrencies will give Binance users an expanded investment opportunity and access to greater liquidity.
https://twitter.com/DeFlow_Intern/status/1892853863562301683
Independent Tokens with Unique Functions
Although Binance listed the crypto tokens together, they are still independent of each other, each with specific purposes to provide value for users.
For example, B3 is a Web3 gaming-focused cryptocurrency that prioritizes user experience, game interoperability, and developer accessibility.
Related: Why Binance Alpha’s Pre-Selection Pool Is a Game Changer
Meanwhile, FLUID, another token that Binance Alpha recently listed on its platform, is DeFi-based and allows developers to manage and build their DeFi portfolio on Instadapp, a leading platform for leveraging the potential of decentralized finance.
In TOKEN’s case, it is the native coin of the TokenFi ecosystem, which focuses on simplifying the crypto and asset tokenization process.
CPOOL is the native crypto of Clearpool, a Decentralized Capital Markets platform that allows institutional borrowers to access unsecured loans from the ecosystem, and DRIFT powers the perpetual and spot decentralized exchange (DEX) built on Solana, which offers users the opportunity to trade pre-launch markets and launched tokens with up to 10x leverage.
Binance Alpha vs. Binance Exchange Listings
It is crucial to note that while launching Binance Alpha, the crypto exchange clarified that listing a token on the platform does not guarantee the addition of such tokens to its global crypto exchange.
Such tokens remain subject to the core screening processes before the crypto exchange listing, even if they exist on other competing crypto trading platforms.
Related: Binance Introduces Alpha to Spotlight Web3 Early-Stage Tokens
According to the crypto exchange, Binance Alpha’s core mission is to provide users access to early-stage tokens that can potentially influence the blockchain and Web3 ecosystem in the long run.
Hence, the perceived listing speed on the platform, considering the number of tokens it has onboarded over a short period.
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