The other day on the social network Twitter sparked a small argument between a co-founder of blockchain platforms Expanse Christopher Franco and the CEO of the exchange Binance Caninum Zhao. The dispute centered on the cost of listing on one of the leading cryptocurrency exchanges.
First Christopher Franco posted a tweet in which he claims that the value of the inclusion of token Expanse (EXP) in the listing Binance is 400 bitcoins.
Just got a new @binance listing quote. 400 BTC
— Christopher Franko 🧐 (@FrankoCurrency) 8 August 2018 R.
Some commentators wrote in response to Franco that this is likely not true. They also suggested that the co-founder Expanse could encounter fraudsters because earlier the head of the Binance said that his exchange does not charge a fee for listing.
In response to this, Franco said that Chanpen Zhao is lying and that maybe someone from the staff of the exchange has “quietly” charge for listing. Also the representative of the project Expanse indicated email-address with which he was associated with Binance, learning rates of exchange.
He lied. Unless someone who works for him is doing it behind his back. We have contacted them directly multiple times. This is the email of the contact who msged us. [email protected] Their name is Ashley.
— Christopher Franko 🧐 (@FrankoCurrency) 8 August 2018 R.
Franco said she has contacted the representatives of the stock exchange through the official channel of communication going on binance.com.
So he is trying to say it was a spoofed email. But um.. it came from https://t.co/bTYQp6cgHK so either…
1. He is lying to save face.
2. someone has hacked their servers and sending emails out from it.
3. he has a rogue employeeI literally have nothing to gain from this.. pic.twitter.com/ubfyuxREEs
— Christopher Franko 🧐 (@FrankoCurrency) 9 August 2018 R.
Soon there were commentators who criticized the major exchanges due to their excessive dominance in kriptonyte, urging the community to greater decentralization.
Binance is the worst thing which could happen to crypto, people will realise it very soon
— Melecro (@elemecrobots) 8 August 2018 R.
“Binance is the worst thing that could happen to cryptocurrencies. People will soon realize it”, — expressed his opinion of the user under the name Melecro.
The conversation was joined by one of the developers Viacoin:
I can confirm this is not out of the ordinary for binance unfortunately
— I snort $VIA (@chainfailure) 8 August 2018 R.
“I can confirm, unfortunately, it’s not out of the ordinary case for Binance”
As for Campana Zhao, he insists that Franco received a letter from the exchange, and fraud. According to him, Binance never discusses through email issues related to fee for listing, and moreover does not charge a payment in BTC. Zhao also said that before releasing the coin on the market, the developers should at least learn to identify mail spoofing.
Also, Franko showed the email is a spoofed/scam email, not from Binance. Binance never quote fees in email, and not in BTC. Project owners should be able to spot email spoofing, those who can’t should not issue a coin. The communication process/method tells a lot about a coin.
— CZ (not giving away crypto) (@cz_binance) 11 August 2018 R.
In addition, Zhao wrote that his company does not include in the listing “Chicony” neither 400 nor 4000 bitcoins. According to him, coins ETH, NEO, XRP, EOS, XMR and LTC has been added to the platform for free, so the main criterion is not the amount of money, and the quality of the project.
We don’t list shitcoins even if they pay 400 or 4,000 BTC. ETH/NEO/XRP/EOS/XMR/LTC/more listed with no fee. Question is not “how much does Binance charge to list?” but “is my coin good enough?” It’s not the fee, it’s your project! Focus on your own project!
— CZ (not giving away crypto) (@cz_binance) 11 August 2018 R.
We will remind, recently Chanpen Zhao introduced the pre-alpha version of a decentralized exchange on Binance.
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