Recently, Binance – one of the world's leading cryptocurrency exchanges – has become the focus of some negative rumors. In response to these claims, Yi He, co-founder of Binance, has spoken out to clarify misunderstandings surrounding the exchange's listing policies, emphasizing transparency and encouraging users to think independently.

1. Having money doesn’t guarantee a listing on Binance

Yi He emphasizes that Binance does not list projects solely based on the amount of money or tokens they possess. The primary criteria for Binance is the quality and genuine value of the project. Projects must pass a rigorous vetting process to ensure they provide long-term value to users and the cryptocurrency community. This means that even if a project has significant financial backing, it will not be listed if it does not meet the criteria.

2. Do Your Own Research (DYOR) Before Investing

Yi He highlights the importance of conducting independent research (DYOR) before making investment decisions. Projects listed on Binance provide transparent information about token distribution, and users can independently verify this information. This is a strong rebuttal to the rumor that "Binance charges a listing fee of 20% of the total supply," which has no basis. Yi He encourages the community to verify and gain a deeper understanding of Binance's processes rather than relying on unverified information.

3. Regarding Airdrops on Binance Launchpool

Yi He also clarifies that a project proposing a portion of its tokens for the Launchpool does not guarantee a listing. Binance only collaborates with projects that wish to distribute tokens through the airdrop program via the Binance Web3 Wallet, allowing the community to access new projects without immediate listing.

4. Facing FUD: Independent Thinking

Finally, Yi He emphasizes that Fear, Uncertainty, and Doubt (FUD) will always exist in the financial world. In confronting negative information and the darker sides of competition, users need to learn how to objectively assess issues, conduct their research, and build independent thinking skills. This is how the cryptocurrency community can develop robustly and avoid being swayed by rumors.

Yi He hopes that Binance will continue to be a reputable, transparent, and reliable exchange for the community, encouraging each participant to seek information, verify facts, and steer clear of unfounded rumors.