Cryptocurrency exchange Binance announced changes in the structure of expenditures. The official blog of the company in the Medium it is said that yesterday the fees for the listing will be “fully transparent” and will be directed to charity in full.
Installation fee remains the same: when applying the asset issuers themselves indicate, what amount would be deposited as a Commission. The exchange also will set a minimum threshold contribution.
Projects that have applied for listing earlier, you can change the desired payment, even if the documents have already been audited Binance. The exchange stressed that “a large fee does not guarantee [a positive decision], or of any kind of deciding factor in the evaluation process”.
CEO and co-founder of Binance, Chanpen Zhao (Changpeng Zhao) commented on the announcement of a new policy regarding fees:
“These changes will help Binance continue to develop its charitable projects, and would strengthen the trend of using the blockchain for good deeds. Soon we will post more information on this issue.”
In July Binance with the support of the government of Malta has opened a charity Foundation Charity Foundation Blockchain (@BinanceBCF) supporting environmental and social projects and initiatives. During a recent interview with the Globe Crypto Zhao said that the company plans to allocate more funds for the charity and education sector.
