Coinbase CEO: CEX charges up to 10% supply listing fee, Binance and Wintermute embroiled in controversy.

Coinbase CEO Brian Armstrong recently publicly named the high listing fees chaos of centralized exchanges in the community, stating that some platforms charge new projects 2% to 9% of their token supply as listing fees. Jeffy Yu, the founder of Zerebro, which was controversial due to the fake death incident, also appeared to say that Binance once demanded a listing fee of 1 million dollars, and accused the market maker Wintermute of requesting 10% of the token supply, later dumping them for profit. Binance responded that they found no listing record for Zerebro and suspected that Jeffy was being scammed.

Coinbase CEO: Many CEXs charge 2~9% listing fees

The CEO of Coinbase recently stated on Twitter: “If you are ready to fight against CEX listing projects that charge a 2-9% token supply listing fee, please raise your hand.” This post has garnered over a million views and has brought the focus back to the issue that the community has been discussing endlessly: listing fees on centralized exchanges. Many industry insiders have revealed that some centralized exchanges, especially Binance, charge listing fees that can reach up to 10% of the supply. Binance has denied the allegations, while Coinbase continues to pride itself on having zero listing fees and a transparent approach.

Zerebro Founder: Binance requests a million dollars listing fee, Wintermute demands 10% of the supply.

The founder of Zerebro, Jeffy Yu, who once faked his death, also came forward to state that at the time he established Zerebro, Binance requested a listing fee of one million dollars. However, he believes that Binance founder CZ was not aware that his listing team treated developers this way. Kraken asked for about 100,000 to 200,000 Token ( calculated at historical high prices ), while Bybit took 250,000 in cash and many Tokens. Binance replied that after checking with the listing team, there was no relevant information regarding Zerebro, perhaps Jeffy Yu encountered a scammer.

( The big brother pig incident in the coin circle lazy package! The founder of Zerebro is suspected to have committed suicide during a live broadcast, whether he is really dead or faking death remains an unsolved mystery )

He suddenly turned the conversation and accused the market maker Wintermute of requiring 10% of the supply in tokens, a condition he rejected. He also attached the records of the meeting with Wintermute at that time, as well as the addresses from which the other party began to supply tokens after the price peak. Jeffy Yu realized that the other party was not providing liquidity, but dumping tokens, and informed the co-founder. He also discovered that Wintermute's address had shipped a double-digit supply of Griffain tokens, so he notified the founder of Griffian.

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