Close Menu
Cryprovideos
    What's Hot

    Bitcoin Reset Full? Ostium Foresees Explosive Transfer To $133,000

    October 14, 2025

    $23 Billion XRP Milestone Spotlighted by CME Group: Particulars – U.At this time

    October 14, 2025

    BitMEX Examine Finds Cryptocurrency Funding Charges Constructive 92% of the Time, Revealing a Structural Market Bias

    October 14, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Binance Founder Responds To $100M Itemizing Charge Controversy
    Binance Founder Responds To 0M Itemizing Charge Controversy
    Crypto News

    Binance Founder Responds To $100M Itemizing Charge Controversy

    By Rubmar GarciaNovember 5, 2024No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Over the weekend, Binance and Coinbase had been accused of asking for millionaire charges for token itemizing, igniting a dialogue about itemizing necessities, alternate rivalry, and FUD (concern, uncertainty, and doubt). A number of trade figures weighed in on the matter, together with Justin Solar, Brian Armstrong, and Changpeng Zhao, who denied the claims on Monday.

    Binance Vs. Coinbase Itemizing Charge Controversy

    Two of the world’s largest centralized exchanges (CEXs), Binance and Coinbase, confronted backlash over allegations of millionaire charge necessities for token itemizing. On Thursday, Moonrock Capital’s CEO, Simon Dedic, shared his issues relating to some CEXs’ itemizing necessities.

    In an X put up, Dedic defined that he not too long ago spoke to a Tier 1 venture that raised almost 9 figures. The venture’s group detailed that they obtained a list provide from Binance after “losing over a yr of due diligence” with the alternate.

    Nonetheless, the crypto alternate allegedly requested 15% of the token’s provide to safe the itemizing. Dedic expressed his concern about “paying $50-100M only for a CEX itemizing,” as it might be unaffordable for many tasks, and the donated token provide is “the largest purpose for bleeding charts.”

    Binance

    Moonrock Capital's CEO raises issues about itemizing necessities. Supply: Simon on X

    Many neighborhood members mentioned whether or not the itemizing charge requirement wanted to vary. One consumer argued that if a venture needed to be distributed in a CEX, they need to “need to pay for it.”

    Nonetheless, controversy arose when Coinbase’s co-founder and CEO Brian Armstrong replied to Dedic’s X put up. Armstrong seemingly took a jab at Binance by stating that asset listings on Coinbase had been free.

    Sonic Labs’ founder, Andre Cronje, refuted Armstrong’s declare and revealed that the alternate allegedly requested the corporate for a list charge a number of occasions. Per the put up, Coinbase requested as much as $300 million from Sonic Labs, whereas Binance charged the venture $0.

    Backing Cronje, Tron’s founder Justin Solar shared an identical story. Solar declared that Coinbase’s claims had been “merely not true,” because the CEX had required them to pay 500 million TRX, price round $80 million, and “demanded a $250 million BTC deposit in Coinbase Custody to spice up their efficiency.”

    Solar’s remarks fueled the continued dialogue, with many customers questioning his declare. Others urged that his expertise with Binance would possibly differ from different tasks because the itemizing occurred years in the past.

    Binance Co-Founders Deny The Allegations

    On Monday, Changpeng Zhao, often known as CZ, thanked Solar for his assist. The previous CEO famous the significance of the validation from somebody who runs two competing exchanges. Nonetheless, he expressed his concern in regards to the “quote assaults” throughout the trade.

    Binance

    Zhao responds to itemizing charge allegations. Supply: CZ on X

    Zhao urged his friends to cut back these assaults and requested groups to work on their tasks to safe a list as an alternative of specializing in the exchanges. Furthermore, he highlighted that “Bitcoin by no means paid any itemizing charges.” Solar agreed with CZ, stating, “Specializing in constructing tasks and Bitcoin is what actually issues.”

    Yi He, co-founder and Chief Buyer Service Officer at Binance, additionally denied the allegations, calling them FUD:

    FUD won’t ever go away, however it makes us stronger. Gossip is straightforward to get visitors, and enterprise competitors is all the time stuffed with darkish sides; If you perceive the principles of how the world works, you’ll now not be simply swayed by rumors, and you should have the flexibility to assume independently.

    She defined {that a} venture gained’t get listed if it doesn’t go the screening course of, and the alternate doesn’t cost a “so-called 20%” charge. Yi He additionally remarked that the alternate’s itemizing guidelines are “clear and clear,” together with the airdrop guidelines for Binance’s Launchpool. In the end, she urged the neighborhood to do their analysis when controversy sparks.

    BNB, BNBUSDT, binance

    Binance Coin (BNB) trades at $560 within the three-day chart. Supply: BNBUSDT on TradingView

    Featured Picture from Unsplash.com, Chart from TradingView.com



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    BitMEX Examine Finds Cryptocurrency Funding Charges Constructive 92% of the Time, Revealing a Structural Market Bias

    October 14, 2025

    NVIDIA and Oracle Collaborate to Enhance Enterprise AI with Zettascale10 Cluster

    October 14, 2025

    Stablecoin Initiative: Banken arbeiten zusammen an Zukunft des Geldes | Bitcoinist.com

    October 14, 2025

    Agentic Summit: A Convergence of Tokenization, AI, and World Capital within the UAE | UseTheBitcoin

    October 14, 2025
    Latest Posts

    Bitcoin Reset Full? Ostium Foresees Explosive Transfer To $133,000

    October 14, 2025

    US so as to add $14 billion BTC to Strategic Bitcoin Reserve seized from Chinese language scammer

    October 14, 2025

    Bitcoin Value Falls To $110,000 As Establishments Transfer Tens of millions

    October 14, 2025

    US Seeks $14 Billion in Bitcoin From Cambodian Crypto Scammer in Document Forfeiture – Decrypt

    October 14, 2025

    Bitcoin threatens $107K subsequent as yearly open turns into key BTC value flooring

    October 14, 2025

    Bitcoin May Be Cracked by Quantum Computer systems in 2-3 Years, Analyst Alerts – U.At this time

    October 14, 2025

    Is the Korean Kimchi Premium nonetheless front-running Bitcoin worth?

    October 14, 2025

    Bitcoin Worth Crash Sparks Debate Over Bull Market Destiny

    October 14, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    These New Meme Cash Are Launching in April – Greatest Crypto to Purchase Now?

    April 1, 2025

    Crypto.com Relaunches US Institutional Trade With Trump in White Home – Decrypt

    January 21, 2025

    US Treasury’s DeFi ID plan is ‘like placing cameras in each front room’

    August 24, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.