Bitcoin Stands Firm: CZ Addresses Coinbase’s Controversial Listing Fees Amid Industry Backlash

On November 4th, in light of the ongoing “listing fee” debate, Binance CEO Changpeng Zhao (CZ) emphasized the importance of fostering a transparent ecosystem free from undue financial burdens. He remarked that Bitcoin has never been subject to listing fees, urging stakeholders to prioritize project merit over exchange affiliations. Meanwhile, renowned entrepreneur Justin Sun disclosed via social media that Coinbase demanded a staggering 500 million TRX—valued at approximately 80 million USD—to facilitate an improved service offering. This revelation starkly contrasts with Binance’s stance on listing fees, which it does not impose. Additionally, Andre Cronje, CTO of Sonic Labs, reacted to assertions made by Coinbase’s CEO Brian Armstrong regarding a zero-fee policy. Cronje highlighted that Coinbase has historically requested significant payments, detailing demands that have ranged up to 300 million USD.