In the world of cryptocurrency exchanges, listing costs and accessibility have become hot topics.
Recently, @sededic highlighted a case where a Tier 1 project was asked by Binance to provide 15% of its total token supply for a listing—a potential price tag of $50–$100 million, which can be daunting for emerging projects and lead to market volatility. @brian_armstrong from #Coinbase responded, asserting that Coinbase listings are free and inviting projects to apply through their Asset Hub, promoting DEXes as a viable alternative as well.
However, @AndreCronjeTech, Fantom’s founder, countered this, stating that while Binance didn’t charge them for a listing, Coinbase allegedly asked for fees ranging from $30 million to $300 million in the past. Meanwhile, @OxBEMichael added that Binance also listed the meme coin $Neiro for free, underscoring that Binance does conduct thorough due diligence, especially for tokens with unique narratives.
The conversation sheds light on the contrasting approaches between centralized exchanges and brings forward questions about transparency and fair access for blockchain projects aiming to make their mark.