Binance Denies Asking Listing Fees after Leaked Email By Cryptovest

Binance Denies Asking Listing Fees after Leaked Email

Facing accusations that Binance, currently the second largest exchange in the world by trading volume, was asking smaller coins for fees in order to list them on its platform, CEO Changpeng Zhao was having none of it.

Almost immediately after a purportedly leaked email from Binance by Cristopher Franko, co-founder of Expanse, where Binance was asking for 400 BTC (~$2.5 million) in exchange for a listing, Changpeng said that the company does not list “shitcoins” regardless whether they pay an exorbitant fee to enter.

“Also, the email Franko showed is a spoofed/scam email, not from Binance. Binance never quotes 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,” he added in the thread.

It is not uncommon to see many in the cryptocurrency community crying foul about exchanges th…

This article appeared first on Cryptovest

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