Binance Founder Changpeng Zhao Breaks Silence on Exchange Listing Fees and Airdrops

Core Viewpoint - Binance founder Changpeng Zhao emphasizes that strong crypto projects should not rely on listing fees, as exchanges will naturally compete to list valuable tokens, urging projects to focus on creating genuine user value instead of complaining about costs [2][3]. Group 1: Listing Practices - Zhao outlines various listing models used by exchanges, including open listings, selective listings with fees, and those requiring user airdrops or security deposits, indicating that many platforms employ a mix of these strategies across different products [4]. - The recent criticism of Binance includes allegations of high trading fees, airdrop charges, and a $2 million BNB security deposit, particularly highlighted during a period of high transaction volume and market volatility [3]. Group 2: Binance's Response - Binance has responded to allegations from CJ Tech, asserting that it does not profit from its listing process and labeling the claims as misleading attempts to undermine the platform's integrity [5]. - The exchange refutes accusations regarding token dumping by its founders, describing them as "entirely untrue and unsubstantiated," and expresses concern over CJ Tech's unauthorized disclosure of confidential communications [5].