Binance CEO Denies Charges of Fee-Paid Listing

August 14, 2018

Binance CEO Changpeng Zhao has denied charges that new cryptocurrencies have to pay 400 BTC to be listed on the exchange.

Quite lately Cristopher Franko, cofounder of the Expanse crypto project, has posted a screenshot of an e-mail allegedly by Binance that demanded 400 BTC for listing.

“We don't list shitcoins even if they pay 400 or 4,000 BTC. ETH/NEO/XRP/EOS/XMR/LTC/more listed with no fee. Question is not “how much does Binance charge to list?” but “is my coin good enough?”  It’s not the fee, it's your project!  Focus on your own project!”, Changpeng wrote in his Twitter.

Moving on he added:

“Also, the email Franko showed is a spoofed/scam email, not from Binance. Binance never quote fees in email, and not in BTC. Project owners should be able to spot email spoofing, those who can’t should not issue a coin. The communication process/method tells a lot about a coin”.

In his turn Franko told, the e-mail was not a fake as it was sent from the Binance.com address. It is to be noted that this is quite possible as the SMTP protocol used when sending mail is highly vulnerable and simple PHP script can do it.

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