Binance Wallet Launches TGE Support Program for Crypto Projects

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The cryptocurrency exchange Binance has introduced a program that allows projects to fairly launch tokens through the non-custodial Binance Wallet.

Applications for the Binance Wallet Exclusive TGE are now open. Projects that have demonstrated the following will be given preference:

Market-demanded productActive communityStrong founding teamSustainable tokenomics and value accumulation systemIntegration with Binance and BNB ChainLow or moderate early valuation with growth potential

After launch, token support will be provided through Binance Alpha, which serves as a pre-listing pool for the exchange. Projects will also gain access to liquidity via Binance Wallet.

Among the benefits of Binance Wallet Exclusive TGE, the Binance team highlighted access to a wide user base and the opportunity for fair token distribution.

In February, Binance co-founder and former CEO Changpeng Zhao criticized the exchange’s approach to asset listing.