A supposed listing fee charged by major crypto exchanges has set a debate on X social media site as the co-founders of Binance, Coinbase and Tron hurled accusations at each other.
TRON founder Justin Sun took to X to accuse CoinBase of charging $80 Million from his company as listing fees after Coinbase co-founder Brian Armstrong claimed that asset listings on his exchange are free. Brian was subsequently replying to Simon Dedic, CEO of Moonrock Capital, who had accused Binance of charging them from $50-$100 Million for CEX listing.
TRON founder Justin Sun publicly refuted Coinbase CEO Brian Armstrong’s assertion that Coinbase offers free asset listings. Sun revealed that, in contrast to the Coinbase CEO’s recent public remarks, his experience with the company featured cash demands.
Binance founder CZ also jumped into the conversation, thanking Justin for backing him up after Coinbase CEO replied publicly to an accusation made against Binance. CZ also suggested to avoid indulging in “quote attacks” on X. Clearly, the conversation offered a rare opportunity when leading crypto figures washed their linen in public, spilling industry secrets.
Meanwhile, Andre Cronje, co-founder of Sonic Labs, supported Sun’s comments by highlighting his own experiences with Coinbase’s listing proceed in a tweet on X. According to Cronje, Coinbase has come to his teams requesting anything from $30 million to $300 million.
Also Read: What’s Next for Binance’s Changpeng ‘CZ’ Zhao After Jail?
