Social Media Sparks Binance and Coinbase Listing Wars

In a passive-aggressive social media exchange, the leaders of Coinbase and Binance seized the opportunity to critique each other’s distinct approaches to token listing standards.

The core of the dispute involved Coinbase’s Jesse Pollak, who criticized Binance’s high listing fees, and Binance’s Changpeng Zhao, who fired back by questioning Coinbase’s failure to list BNB. Ironically, Coinbase announced the listing of BNB today. 

Coinbase’s Jesse Pollak and Binance’s Changpeng Zhao (CZ) publicly clashed on social media today, trading indirect jabs over their respective exchanges’ token listing standards.

It all started when a Base developer turned to Twitter to explain why he thought Coinbase’s Layer-2 network was a better ecosystem to build on than Binance’s BNB Chain.  

The user argued that Binance’s listing offer places a massive and extractive financial burden on new projects, requiring a significant portion of the total token supply and millions in security deposits for spot listing.

He contrasted this with Base, claiming that it only asks developers to create “something meaningful.”

Pollak quote-tweeted the user’s comments, arguing that getting a project listed on a centralized exchange (CEX) should not require any fee.

Another user criticized Pollak’s social media post, arguing that it was hypocritical as Base does not list BNB on its exchange.

Why don’t you list #BNB then?

Stop with the hypocrisy and double standards.

Unless BNB (the third largest cryptocurrency by market cap) gets listed on Coinbase, your opinion of how another exchange should list cryptocurrencies is meaningless.

Lead by example. https://t.co/pWKyljyAxk