Coinbase, the largest cryptocurrency exchange in the United States, surprisingly announced yesterday that it has added Binance Coin (BNB), the native token of the Binance ecosystem, to its listing roadmap.
This move marks the first time Coinbase has directly signaled support for the main asset of the Binance ecosystem.
This development follows recent debates in the crypto industry regarding listing fees and transparency. Earlier this week, Binance denied “unfounded and defamatory” allegations by Coinbase Ventures-backed Limitless Labs CEO CJ Hetherington that the exchange was charging fees for token listings.
Amid the controversy, Coinbase’s head of the Base network, Jesse Pollak, drew attention by stating that listing fees on exchanges “should be 0%.” This statement sparked calls from the community for Coinbase to “lead by example” and list BNB for free.
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BNB Sharing from CZ!
Binance founder and former CEO Changpeng Zhao (CZ) said that the failure to list BNB was a loss for exchanges after Coinbase added BNB to its listing roadmap.
CZ, in his X account, said that it is a natural step for any exchange to list BNB, the third-largest cryptocurrency by market capitalization.
CZ stated that it was a loss for an exchange not to list BNB and thanked his colleagues in the industry for their support.
Citing Tron founder Justin Sun and Kraken exchange’s BNB shares, CZ wrote:
“I noticed this. Thanks for the support from my colleagues in the industry.
“Listing the 3rd largest cryptocurrency by market capitalization makes perfect sense. It has excellent liquidity, volume, and ecosystem. Not listing it would be a loss for the exchange itself.”
*This is not investment advice.
Continue Reading: Binance Founder CZ Comments on Coinbase’s BNB Listing: “Big Loss!”