Today Binance.US is pleased to announce an update to our digital asset listing process. In order to facilitate the addition of new digital assets to our platform, we will proactively announce select assets that are under consideration for listing.
These announcements will be made on a case-by-case basis, with the aim of providing a more transparent listings process and greater visibility over upcoming listings for our customers and community.
We consider a variety of factors when we make the decision to proactively announce a listing that is under consideration, including the market demand, forecasted trading volume and liquidity, regulatory standing in the United States, levels of community engagement, and more.
Assets under consideration
Binance.US is currently evaluating Sui (SUI), which may soon be listed on our platform.
What is Sui?
The Sui Network is a Delegated Proof of Stake, layer 1 network that is built to support the Move development language. Move allows for an advancement in abstracting accounts and crypto assets and the Sui network builds on top of this designing a programming language specifically designed for blockchain based concepts, furthering smart contract security and programmability.
The Sui blockchain was optimized for developer experience through its “object centric” architecture, which allows for network level storage of assets, non-consensus token transfers & increased composability and scalability of the blockchain. Similar to other layer 1 networks, including: Ethereum, Solana & Aptos, Sui is built to support a variety of decentralized applications across Web3 and decentralized finance.
We thank you for your support as we continue to build the crypto ecosystem in a way that promotes security, transparency, and long-term sustainable growth.