Big news in the world of cryptocurrency! Binance, a huge place where people buy and sell crypto, is letting its users decide which new crypto coins get added. It's like a vote! They want to make sure only good coins are available.
- Binance users can vote on new crypto coins (tokens).
- Coins with the most votes might be added to Binance, but Binance will still check them first.
- Bad coins, or those without good teams, could be removed from Binance by a vote.
- There are millions of new crypto coins appearing all the time!
| Fact | Number |
|---|---|
| Number of crypto coins (approx.) | Over 12 million! |
| Coinbase's challenge | Millions of new coins each week! |
Because so many new coins are popping up, big companies like Binance and Coinbase have to find better ways to choose which coins to offer. Some think too many coins could even lower the price of some cryptocurrencies.
