Blockchain Security Chain (BSC) has been a major player in the blockchain ecosystem for the last few months. BSC is an autonomous and secure blockchain that uses digital signatures to authenticate transactions, sending them through its secure channel. This means that anyone who receives each transaction can verify it, including competitors and exchanges. The platform also offers users a chance to vote on which projects should be listed on their platform, meaning that anyone can have input into Binance new listing on BSC’s exchange.
This article will give you everything you need to know about how these listings work and what they mean for the future of BSC.
BSC is a faster, less expensive, more secure blockchain
BSC is a faster, less expensive, and more secure blockchain than any other existing public blockchain. Since its launch, BSC has been optimized to be faster and cheaper than other blockchains. In addition to its speed advantages over other blockchains, BSC offers several advantages as well:
- Less expensive fees for transactions and smart contracts
- Faster confirmation times for transactions and smart contracts
- More secure from attacks because of the low-energy proof of work consensus mechanism
BSC listings are decided by the community
The Binance community votes for the next coin to be listed on the exchange, and it’s a process that’s open to everyone. Everyone can cast their vote by using BNB tokens in their account wallet to purchase votes with.
They have an impressive selection process that includes rigorous due diligence involving team members from all over the world who thoroughly check out each project directly before making any decisions about whether it should be listed.
Users can vote for their favorite projects for Binance smart chain crypto listing
You can vote for your favorite projects by logging in to BSC Crypto and going to the voting page. You can also click on “My Profile” and then click on “Voting Options” under the “My Profile” tab.
When casting a vote, there are some things you should look out for. Here’s a quick rundown of some of these things for you to keep in mind:
- The project’s website should be professional-looking and easy to navigate. If it looks like someone put it together in Microsoft Paint, it’s probably not worth voting for.
- The project’s whitepaper should have a detailed description of what kind of coin or token this is and specific goals for its use case(s). These goals should align with what you would expect from an asset listed on BSC Crypto; if they seem unrealistic or vague, keep looking.
- A good team doesn’t need many members—at least not until the project gets big enough to require them—but its members need awesome credentials that show why they’re qualified for their jobs.
Anyone can vote for the listings on BSC
Remember, anyone can vote. You can vote for more than one project. You could even vote for the same project twice if you like.
You can also keep an eye on your favorite projects and re-vote them as the situation changes. For example, if a project is about to be listed on another exchange, then it should be kept in mind that this will affect its price (and, therefore, its listing fee).
Conclusion
With the BSC listing, you can now buy or sell BSC tokens on the open market. But what does that mean for you? The most important thing to remember is that this is not just any other type of listing. It’s a decentralized platform with no middlemen who decide what gets listed and what doesn’t – so everyone has access to it.