Binance’s listing fee has caused discussion some time ago. Although nothing has been confirmed, the CEO of Moonrock Capital recently admitted that Binance will indeed charge 10~15% of tokens as a listing fee. This statement immediately sparked discussion. Coinbase CEO Brian Armstrong took the opportunity to advertise that Coinbase does not charge any currency listing fees. However, he was successively accused by the founder of Sonic and Justin Sun that he was lying. CZ and He Yi, who had not seen each other for a long time, also responded positively to the controversy and said that the project team should focus on the product itself instead of focusing on centralized exchanges.
Coinbase doesn’t charge a listing fee? Sun cut off her relatives and went to the front line to accuse her of lying.
Simon, CEO of Moonrock Capital, said on Twitter that he had recently chatted with a new startup that raised nearly nine figures in financing. In the process, he mentioned that after nearly a year of due diligence, Binance was finally willing to list the project token, but The condition is that you need to pay 10~15% of tokens as currency listing fees. He believes that this harsh condition needs to be changed, and not all projects can afford to spend $50 million to $100 million just to get their tokens listed on a centralized exchange.
Taking this opportunity, Coinbase CEO Brian Armstrong tweeted that listing coins on Coinbase is free, and also suggested that the project consider decentralized exchanges on Base. However, this remark immediately triggered another wave of discussion.
Sonic founder Andre Cronje left a message below saying that Binance has never charged them any fees, but Coinbase keeps asking for money. He said he still respects Brian Armstrong, but what he said is simply not true.
Justin Sun, the founder of Tron, also took the opportunity to fill in the gap: “Binance charged us $0, while Coinbase required us to pay 500 million TRX (worth $80 million) and deposit $250 million in BTC in Coinbase Custody to increase liquidity. .
CZ responds to FUD: Bitcoin has never paid any listing fees
Binance founder Changpeng Zhao, who had not seen him for a long time, came out to express his gratitude to his old friend. He said: "Thank you to this person who runs two exchanges that compete with Binance (meaning those who have invested in Poloniex and HuoBi exchanges). Justin Sun). But we should try our best to reduce such attacks in the industry.” Taking Bitcoin as an example, the project team should focus on the product itself rather than focusing on whether the token is listed on a centralized exchange.
However, this sentence may not satisfy Taiwan KOL and Kaspa Ambassador Michael Turtle. He questioned: "Focus on the product itself? Then why does Kaspa have a higher market value, more users, and a more cohesive community, but Binance has launched TON games? Tokens but not listed on Kaspa?” The author added that in the Kaspa community, it is widely spread that listing coins on Binance requires a large amount of chips, and this is the reason why Kaspa has not been listed on Binance.
Finally, the current head of Binance, He Yi, also came out to respond to FUD. She first said that the number of chips the project team is willing to pay has nothing to do with whether the currency is listed. Projects that cannot pass due diligence cannot be listed no matter how many chips they pay. Moreover, the listed token allocation column is clear, and you can check by yourself whether there is the so-called 15% or 20% token listing fee.
He Yi also expressed her respect for people like Andre Cronje who have the courage to tell the truth in gossip. She said: "FUD will never disappear, but it makes us stronger. Gossip can easily gain traffic, and business competition is always full of dark sides; When you understand how the world works, you will no longer be easily swayed by rumors, and you will have the ability to think independently."
This article is another quarrel about Binance’s currency listing fees! CZ and He Yiqin went to the front line to respond, and Sun Ge refuted Coinbase for lying. The post appeared first on Chain News ABMedia.
