🙄 Binance co-founder clarifies asset listing policies, dispels FUD

Moonrock Capital’s CEO, Simon: Mentioned that a Tier 1 project was asked by Binance to provide 15% of its total token supply for listing.

Coinbase CEO Brian Armstrong: Stated that Coinbase does not charge for listings, contrasting with Binance’s alleged demands.

Andre Cronje: Disputed these claims, saying Binance didn’t charge fees for listing but claimed Coinbase had asked for a hefty $60 million fee, likely for listing the FTM token.

Binance’s He Yi: Explained that Binance’s listing process is rigorous and independent of fees or token allocations. Simply offering tokens or money doesn't guarantee a listing on Binance. However, projects with significant token reserves for airdrops could collaborate with Binance's Web3 wallet.

Justin Sun (TRON): Shared that Binance didn’t charge for listing TRX, but Coinbase required 500 million TRX (worth $80 million) and a $250 million BTC deposit in Coinbase Custody.

Recent Listings and Airdrops: When Binance listed Scroll, the project provided 5% of its tokens for airdrop. Similarly, the TON Foundation offered 7.65 million TON tokens for airdrop.