Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»BLOCKCHAIN NEWS»Justin Sun, Andre Cronje claim that Binance charges no listing fees at all, while Coinbase charges millions.
BLOCKCHAIN NEWS

Justin Sun, Andre Cronje claim that Binance charges no listing fees at all, while Coinbase charges millions.

By Crypto FlexsNovember 4, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Justin Sun, Andre Cronje claim that Binance charges no listing fees at all, while Coinbase charges millions.
Share
Facebook Twitter LinkedIn Pinterest Email

Key Takeaways

  • Justin Sun and Andre Cronje claim that Binance charges no listing fees while Coinbase charges up to $300 million.
  • According to the Moonrock Capital CEO, Binance requires a significant portion of the project’s total token supply as a listing fee.

Share this article







Tron founder Justin Sun and Fantom Network founder Andre Cronje claimed that Binance does not charge any fees for token listings. In contrast, Coinbase has charged millions of dollars for similar services, contradicting Coinbase CEO Brian Armstrong’s public statements that listings are free.

The controversy surrounding Coinbase and Binance’s listing fees stemmed from a post by Moonrock Capital CEO Simon Dedic. Dedic expressed dissatisfaction with the practices of cryptocurrency exchanges, particularly Binance.

According to him, projects seeking to be listed on Binance had to undergo ‘one year of due diligence.’ After passing this stage, a significant portion of the project’s total token supply is required as a listing fee.

“Not only is this unaffordable for the project, but these tokens are also the biggest reason for chart hemorrhage,” he said.

In response to Dedic’s post, Armstrong said “asset listings on Coinbase are free” and invited projects to apply through the asset hub.

But Cronze commented on Armstrong’s post and said his experience was different. Coinbase approached his project, Fantom, asking for a listing fee ranging from $300 million to $300 million, with the latest quote being $60 million.

Corroborating Cronje’s claims, Sun revealed that Coinbase had requested 500 million TRX (about $80 million) to list TRON on its platform. He also noted that Coinbase needs to park $250 million in Bitcoin deposits to increase liquidity.

Binance’s He Yi says not all projects can secure listings simply by paying a fee.

Binance co-founder He Yi said that if a project fails the exchange’s rigorous review process, it will not be listed regardless of the financial offer or token percentage offered.

Yi said Binance evaluates projects based on overall quality and potential rather than just willingness to pay. She also noted that while Binance has clear rules regarding airdrops and collaborations, simply offering tokens or airdrops does not guarantee listing.

In response to Yi’s statement, Dedic expressed skepticism about his claim that there are no exorbitant fees for token listings.

“So you’re saying it’s a pure lie and Binance never requested more than 15% of tokens for the project? At the end of the day, it doesn’t matter what you call the fee as long as you get it from hard-working founders,” he said.

Share this article







Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Encryption leverage: 2025 trend and change analysis

June 6, 2025

Bitcoin protection zones, Stablecoin regulations are the main drivers.

June 5, 2025

DOW JONES wins Streak with weak growth and cost increases.

June 4, 2025
Add A Comment

Comments are closed.

Recent Posts

JPMORGAN accepts Bitcoin ETF with loan collateral: How investors can benefit

June 6, 2025

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

Bitfinex updates version 1.116 improved platforms

June 6, 2025

Encryption leverage: 2025 trend and change analysis

June 6, 2025

Why DEGO Price tank 60%after moving USD1 Stablecoin

June 6, 2025

SEI Network opens up the way of autonomous AI economy.

June 6, 2025

SEI hit 621K wallet and $ 930m tvL, but two regions should pay attention.

June 6, 2025

Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

June 6, 2025

COREWEAVE is a NVIDIA GB200 Super Chip that achieves recorded MLPERF benchmarks.

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

JPMORGAN accepts Bitcoin ETF with loan collateral: How investors can benefit

June 6, 2025

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025
Most Popular

Solana ran out of steam as Dogecoin and NuggetRush rallied after the initial success of X Payments.

January 26, 2024

Is There Huge Support For This P2E Meme Coin?

June 19, 2024

Institutions Drive Crypto Adoption in East Asia, Chainalysis Report Finds

September 18, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

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