Topic: 400 BTC to get a listing on binance's new dex ? (Read 209 times)
400 bitcoins is just a huge amount. I think that decentralized exchanges will be able to change this situation. It seems to me that they have a future.
I'm shocked. I didn't expect exchanges to become so greedy. I don't like this situation because instead of developing the technology developers have to spend a lot of time and resources on marketing. I believe that cryptocurrency exchanges should not be so greedy. But maybe I don't understand something in this world.
400 BTC to get listed is insanity. Hopefully projects soon shun this type of behavior from the exchanges. These young projects cannot afford a price tag like that. Soon when someone is listed on Binance it will cause a price decline as the project spent all its funds to get listed.
I think it's very excessive, price listing almost like soft cap ICO project, 2-3 Million USD is very big balance to make new project. If I have 2-3 Million USD I will developing some new exchange.
Their CEO refused such high amount for listing, but on the other hand I saw that letter and mail address was from binance. Guys, may be someone now real price for listing on binance?
Think I'd rather just go on Komodo or blocknet for free.
i dont get the point. if dex means decentralized exchange, how do they ask money to list. if they ask money then they control the exchange, so it means that this exchange is centralized not decentralized.
There is no longer decentralized exchange because governments have been strict with crypto exchangers and besides Binance has to take care of their brand name. Dont expect anything for free since they need money to run their business.
What is the point of being a decentralized exchange of you are going to pay 400 Bitcoin just to get your altcoin listed on its exchange. In my point of view the decentralized exchanges are supposed to be the place where different altcoins that are not yet listed in centralized exchanges and market price can be traded, specially most of the ICOs that only reach the softcap and cannot list themselves in such exchanges. 400 Bitcoin just too damn greedy.
Where does this information come from? Are you sure this is true?
It is very likely that this news is not true. Decentralization and payments to the exchange are not compatible. I would like to know the source.
This just makes it hard for new upcoming project with little support. Projects will still pay to be listed because of the brand/company itself. It already made nme and standard for itself. But 400 BTC? Thats way too much to be listed on a decentralized exchange. I do hope they lower the fees.
i dont get the point. if dex means decentralized exchange, how do they ask money to list. if they ask money then they control the exchange, so it means that this exchange is centralized not decentralized.
I really don know on what grounds that calculation was made. I must say its outrageous and if a kind of regulation that can manage exchanges dont come out price will always go up.
The whole point of DEX is that there should be no listing limitations. They could add a free for premium exposure but that's it.
Anyhow, Binance is awesome, better fill your bags with some BNB coins
Anyhow, Binance is awesome, better fill your bags with some BNB coins
that's a lot of 400BTC.I can imagine how much they all earned.Where is this information from??is this information accurate?
Where does this information come from? Are you sure this is true?
That’s really unbelievable but it could be because of the current situation of binance that is asking this price tag. Well everyone knows that binance is now wide spread exchanger and it could be state das number one in the world. I am sure that this is something every coin needs while they get listed becaus they can gain huge user base this way and also they can increase the volume for themselves. However 400 BTC is still huge. With the current rate it’s heavy charge.
You are talking about new Binance DEX? I thought that their DEX will be launched next year, not this year, going to check it 
.
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Holy moly 400 BTC is huge. Looks like they got greedy, but hey, they CAN do it, and probably some coins will happily accept this price.
Probably I would be greedy in their position, aswell.
But decentralised exchanges are usually cheaper, so why not just move there?
Probably I would be greedy in their position, aswell.
But decentralised exchanges are usually cheaper, so why not just move there?
This amount is equal to 2.6 Million Dollars at the current Bitcoin price. There are so many ICO's that don't even gather this amount, so spending so much money just to get listed on an exchange doesn't make any sense. I don't think there will be any coin that will pay this huge amount to get listed.
Think I'd rather just go on Komodo or blocknet for free.
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