Yi He, co-founder of Binance, clarified the exchange’s asset listing policies, countering claims that Binance demands a portion of projects’ token supply for listing. She emphasized that since 2018, Binance’s listing fees have been openly structured, allowing projects to set their own donation amounts, with all proceeds going to charity. This transparency, Yi noted, aims to foster trust and counter speculation in the market.
The comments came in response to a social media post from Moonrock Capital’s CEO, who alleged that Binance had required a 15% token supply contribution from a project. Yi’s statements aim to correct what Binance sees as misinformation and underscore its dedication to fair listing practices.
Binance’s approach aligns with its goal of supporting the crypto community and promoting projects without hidden requirements. The exchange hopes this clarification will dispel rumors and encourage accurate reporting on its listing criteria.
