And that is true. CZ actually mentioned that for projects. If they don't have the amount for the listing fee but if Binance sees the project is worthy to get into their exchange, they will list it for free.
And on the other hand, even if the project can avail the listing fee but they're crap, Binance might not list them and if it's already listed, they might remove them and the same as the other exchanges. Some exchanges are actually doing it, delisting coins/tokens that are no longer can stay with them.
Topic: A rare facts about top exchanges - page 3. (Read 311 times)
It doesn't even need to speculate about that because some projects were launched on binance like WINK has already dumped a lot. It doesn't matter a lot how big the exchange site that being used to raised the funds. If the project is a crap project and that will always become a crap project. binance just gives a change to the hype
A friend asked me what will happen if all IEO projects can use binance, meaning if they have the money, either legit or scam, here is your answer
Do not forget that even if all new projects have the money to list on binance they can be turned down if the project is not good enough, top exchanges have their asses to cover, reputations at stake here, binance among other top exchanges loves money, everyone does but that's not the end for all top exchanges, once they make a mistake of listing and hyping a scam project they are done for, remember that.
it's always about money and reputations, crypto space is so delicate, reputations get ruined fast if care is not taken
Do not forget that even if all new projects have the money to list on binance they can be turned down if the project is not good enough, top exchanges have their asses to cover, reputations at stake here, binance among other top exchanges loves money, everyone does but that's not the end for all top exchanges, once they make a mistake of listing and hyping a scam project they are done for, remember that.
it's always about money and reputations, crypto space is so delicate, reputations get ruined fast if care is not taken
Jump to: