- Moonrock Capital CEO Simon Dedic claimed that Binance charged fees for listing.
- Andre Cronje and Justin Sun supported Binance, adding that it didn’t charge fees.
- Sun and Cronje revealed that Coinbase charged them for listing their projects.
The crypto twitter is debating asset listing fees charged by leading cryptocurrency exchanges Binance and Coinbase. Crypto entrepreneurs Andre Cronje and Tron Founder Justin Sun weighed in by sharing their own personal experiences.
Last week, Moonrock Capital CEO Simon Dedic said he spoke with representatives from a Tier 1 blockchain protocol that raised over $100 million in funding. Dedic said Binance made the project wait over a year for listing and then asked for 15% of their total token supply as listing fees.
Dedic said the biggest reason for the current market downturn is centralized exchanges like Binance asking for $50 million-$100 million to list projects. Coinbase CEO Brian Armstrong took to X to promote his exchange, which he said does not charge listing fees.
However, Cronje, the founder of yearn.finance and the CTO at Fantom Foundation, said Binance charged him $0 while Coinbase asked for $300 million,…
The post Binance vs. Coinbase: Crypto Founders Debate Listing Fees appeared first on Coin Edition.
Source: https://coinedition.com/binance-vs-coinbase-crypto-founders-debate-listing-fees/