CZ: Listing on Binance DEX Will Cost About $100K

By Marko Vidrih on The Capital

The head of Binance cryptocurrency exchange, Changpeng Zhao, on 45-minute live ask-me-anything (AMA) said that this year the listing price on the decentralized Binance (DEX) exchange, which runs on the Binance Chain, will cost about $100,000.

According to Zhao, such an impressive fee is aimed at combating the “spam projects” that the crypto industry is filled with.

Zhao noted that the Binance team is now focused on expanding the capacity of the DEX, rather than adding new features:

“At the moment, Binance DEX can handle our current volumes on Binance.com. We are continuing to improve DEX so that it can support the throughput of a centralized exchange.”

Author: Marko Vidrih

Featured image credit: Pixabay

Fintech Marks

The Capital