- Moonrock Capital CEO Simon Dedic claimed that Binance charged a payment for the itemizing.
- Andre Cronje and Justin Solar endorsed Binance, including that there aren’t any charges.
- Solar and Cronje revealed that Coinbase charged them a payment to checklist their initiatives.
Cryptocurrency Twitter is discussing asset itemizing charges charged by main cryptocurrency exchanges Binance and Coinbase. Cryptocurrency entrepreneur Andre Cronje and TRON founder Justin Solar additionally weighed in, sharing their private experiences.
Final week, Moonrock Capital CEO Simon Dedic mentioned he spoke with representatives from Tier 1 blockchain protocols which have raised greater than $100 million in funding. Dedic mentioned Binance compelled the venture to attend greater than a yr earlier than itemizing and demanded 15% of the full token provide as a list payment.
Dedic mentioned the largest cause for the present market downturn is centralized exchanges like Binance, which require $50 million to $100 million to checklist a venture. Coinbase CEO Brian Armstrong mentioned he makes use of Firm X to advertise his trade and that there aren’t any itemizing charges.
Nevertheless, Cronje, founding father of yearn.finance and CTO of Fantom Basis, mentioned that Binance charged him $0, whereas Coinbase requested him $300 million.
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