Binance Community Coin Round 6 Winner Announced

The winner is not a coin that gained an absolute majority of votes
05 March 2018   1678

Binance Exchange has summed up the results of the sixth round of the campaign "Community Coin".

Binance Voting Results
Binance Voting Results

To everyone's surprise, it turned out to be Zilliqa (ZIL), which was only third on the voting results.

We have weighed all factors in the voting process and have also applied a consistent methodology across all candidate votes to filter for oddities.  

We have taken a very serious stance against vote manipulation, and voided candidates that were found to have openly violated these principles.

We would like to congratulate the winner - Zilliqa (ZIL).

As promised, ZIL has been awarded with a free listing placement on Binance. 

Binance Team

Decision of the Binance exchange was met by users extremely ambiguous. Representatives of the communities of Elastos and WePower, between which the main struggle has flared up, remained, at least, dissatisfied with this outcome of the vote. Some pay attention to the growth of the rate and volume of trading Zilliqa shortly before the announcement and accuse Binance of insider trading. Others believe that in this situation, Binance took the only right decision.

Binance to Delist 5 Tokens

 CLOAK (CloakCoin), Modum (MOD), SALT, Substratum (SUB) and WINGS trading will be suspended on 22nd of February
15 February 2019   142

Binance, has announced the upcoming delisting of the following cryptocurrencies: CLOAK (CloakCoin), Modum (MOD), SALT, Substratum (SUB) and WINGS.

All trades with abovementioned tokens will be suspended on 22nd of February in 10.00 UTC; then tokens will be delisted.

Binance regularly evaluates the development of projects whose coins are represented on the platform, and takes into account the following characteristics:

  • team commitment to the development of the project, its activities and quality;
  • network stability and smart contracts;
  • community outreach;
  • communication with the exchange;
  • evidence of fraudulent or unethical activity;
  • contribution to the development of a cryptocurrency ecosystem.