Binance has recently found itself in a swirl of controversy. The CEO of Limitless Labs publicly accused Binance of demanding high "listing fees" from project parties, specifically including 8% of the total supply of project tokens for airdrops and marketing, while also requiring additional cash and tokens as collateral.
Binance responded quickly, issuing a statement claiming these accusations are "false and defamatory," and reiterated that the platform never charges listing fees. They emphasized that all tokens obtained from project parties will be used 100% for user incentives, such as through Alpha airdrops, Launchpool, or trading competitions to give back to the community.
Regarding the collateral, Binance admitted to its existence but explained that its purpose is to protect user rights and ensure that the project can operate sustainably and stably after it goes live. They also pointed out that this collateral can be refunded within 1 to 2 years after meeting specific conditions. Binance expressed "shock" at Limitless Labs publicly disclosing confidential communication without authorization and reserved the right to take legal action.
@CZ (Zhao Changpeng) himself also spoke out, issuing a lengthy response. His core stance is very clear: truly high-quality projects do not need to pay for listings. If a project itself is strong enough, exchanges will naturally compete to list it, rather than the project side needing to "beg for a listing." Conversely, if a project must rely on payment to get listed on an exchange, it may indicate that its intrinsic value is questionable and requires deep reflection.
