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Justin Sun Wants More TradFi on Tron, Dogs Over Cats for Memecoins

When it comes to getting listed on Binance, the process can be quite lengthy and demanding. In fact, it can take up to six months to prepare for and secure a listing on this popular cryptocurrency exchange.

One of the key things to note about Binance is that the main tokens listed on the platform are typically venture capital (VC)-backed. While this may sound promising, the reality is that the performance of these tokens has often been disappointing. Many VC-backed coins listed on Binance have experienced significant declines in value, with some dropping by as much as 50% or more.

If you were an early investor in a VC-backed coin that was launched on Binance, chances are you may have suffered significant losses. This goes to show that simply being listed on a major exchange like Binance is no guarantee of success.

As such, if you are considering listing your token on Binance, it is important to be prepared for a long and challenging process. Additionally, it is crucial to carefully evaluate the performance and potential risks associated with VC-backed coins before making any investment decisions.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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