Binance takes various elements into account when assessing altcoin projects. These factors include the dedication displayed by the development team, the extent and caliber of development activity, as well as trading volume and liquidity. Furthermore, the network’s robustness and ability to withstand attacks, alongside the stability of both the network and smart contracts, are considered. Open and effective communication with the community, as well as prompt responses to Binance’s due diligence inquiries, also play a crucial role in the evaluation process.
