Binance, one of the world’s largest crypto markets, has amended its listing fee policy, the company’s chief executive officer (CEO) Changpeng Zhao said in a blog post on Monday. The exchange will disclose commissions and allocate all money to its Blockchain Charity Foundation (BCF).
The new rules should go into effect immediately and Binance has already changed the term “fee” to “donation”. There will be no fixed fees so all new projects should propose a donation amount to the exchange team.
“Binance will not dictate a number, nor is there a minimum required listing fee […] A large donation does not guarantee or in any way influence the outcome of our listing review process, “ Zhao explained in the post.
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