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CZ Clarifies Binanceโs Position on XRP During Attack
$XRP Former Binance CEO Changpeng Zhao (CZ) has clarified that Binance never removed XRP from its trading platform, even during Rippleโs legal dispute with the U.S. Securities and Exchange Commission (SEC). He emphasized that Binance has consistently listed all digital assets with a market capitalization exceeding $100 billion, suggesting that XRPโs strength and size warranted continued support despite regulatory pressures. ๐Strong Projects Do Not Need to Pay for Listings CZโs comments follow recent debates about Binanceโs listing requirements. In a separate post, he stated that solid blockchain projects do not need to pay to get listed, arguing that teams focused on innovation and long-term value creation are more likely to attract exchange support.
His remark came after Limitless Labs CEO CJ Hetherington publicly criticized Binanceโs alleged conditions for securing an early โalpha listingโ, a form of preliminary access to spot trading on the exchange. Hetherington claimed that Binance demanded a 4% token allocation for user airdrops, an additional 1% for marketing, a $250,000 security deposit, and a further $2 million in BNB as collateral for listing. According to Hetherington, these terms were unreasonable and gave preference to wealthier projects. He added that launching a token on Base, Coinbaseโs layer-2 blockchain, might be a better alternative. Base creator Jesse Pollak also weighed in, stating that token listings should not come with high financial barriers, and suggesting that Binanceโs approach undermines accessibility. ๐Binanceโs Response CZ dismissed Hetheringtonโs claims as misleading, describing the criticism as an example of โloser mentality.โ He clarified that Binanceโs listing process is designed to prioritize user safety and transparency. The deposits, he explained, apply only to listings that carry a higher risk and are refundable under standard conditions. Binance co-founder He Yi also addressed the controversy, confirming that the exchange does not charge listing fees for reputable projects and that the refundable deposits function as safeguards rather than hidden costs. CZโs reaffirmation that Binance stood by XRP during its legal battle reinforces the exchangeโs reputation for supporting established crypto assets. While regulatory scrutiny continues to shape exchange policies, Binanceโs approach underscores the importance it places on liquidity, stability, and user protection. At present, XRP remains a top-ranked cryptocurrency by market capitalization, maintaining a strong trading presence on major exchanges, including Binance, which has continued to facilitate its trading pairs without interruption.
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