Christopher Franko claims that Binance takes 400 BTC ($2.6 million) to list new token on its platform.

According to the co-founder of Expanse (a blockchain platform), Christopher Franko says that merchants need to give away $2.6 million to list their token on Binance. He figured out this after submitting a request to the exchange for listing the token this month.

Is this hype or just a rumor, no one knows; let’s get in details about what’s going on!

Binance has been the leader in the race of cryptocurrency exchanges. This platform is powerful amongst all other competitors. They recently acquired the Trust Wallet by potentially deciding and firm stance.

The CEO of Binance, Changpeng Zhao is an expert in cryptocurrency space, running on splash pages for a long time now. However, Christopher Franko holds the stance claiming Binance to take millions to list down the tokens. This news is currently in hype with the contradictions.

Franko posted a tweet on 9th August accusing Binance and stated:

Binance which launched the first embodiment of its decentralized exchange on 8 August, also deny the claims. They are said to refuse with support staff stating some information has sent from a “spoofed email.

Franko also wrote on Twitter posting the receipt of email including the listing details:

I literally have nothing to gain from this,” “If Binance wants to charge 400 BTC, to get listed on their exchange that is their right to do so. They appear to have the most volume in the world. Getting listed there does usually result in higher awareness, but if that is the case just own it. ‘[Yes it’s] expensive’… why lie?

About Expanse Tech

Expanse is the blockchain platform which was a fork from Ethereum. It helps to develop and use decentralized applications that can run on blockchain technology. Its website claims that no one controls Expanse, this is an open-source project designed by various people around the space. However, unlike the Bitcoin protocol, this platform was built with adaptable features. It is easy to use and create new strong applications using the Expanse platform.

Interestingly, Binance also announced somewhere at the same time about its effort regarding the decentralized exchange. Also, there was a tweet by the Changpeng Zhao saying that they don’t list the shit coins on their platform. Even if someone pays them 400 or 4000 BTC, they do not accept the shit coins for listing.

He also mentioned that ETH/NEO/XRP/EOS/XMR/LTC and many more are already listed without any fee. The question is not “how much Binance charge to list the token?” but “is the coin good enough to list?” Anyways, it’s not the fee, it’s your project! Focus on your own project!

After which today on 11th August, Christopher Franko replied back to Zhao posting the tweet on binance using Google Apps (Gmail) for MX. He also said that encryption says everything.

It was too soon to get the assessment from Twitter commentators, Christopher Franko collating Binance to list on competitor exchanges in 2017 like HitBTC. This was the time when markets just began rising through the running waves.

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Image Source: Christopher Franko Says Binance Takes $2.6M to List the Tokens