Binance Co-Founder Dispels Rumors That Crypto Exchange Asks for Tokens Prior to Listing
Binance co-founder Yi He is pushing back against claims that her crypto trading platform asks for tokens in exchange for listing.
Simon Dedic, the chief executive of the crypto investment firm Moonrock Capital, kicked off the argument when he said on the social media platform X last week that he’d recently talked with a “Tier 1 project that raised close to nine figures” and was trying to get listed on Binance.
“After wasting over a year of due diligence with Binance, they finally received a listing offer. Binance asked for 15% of their total token supply. Imagine paying $50–$100 million just for a CEX (centralized exchange) listing. Not only is this unaffordable for projects, but these tokens are also the biggest…
