CZ Voice Displeasure Over Binance Listing Rules. Will They Change It?
“I think the Binance listing process is a bit broken,” CZ stated, emphasizing the imbalance it creates. He recognized the need for a notice period but criticized that the short window allows for speculation to distort prices.
Binance’s former CEO, Changpeng “CZ” Zhao, recently expressed concerns about the platform’s token listing process, highlighting the potential market distortions caused by the short notice period. His comments on social media sparked a lively debate about whether Binance should reconsider its listing strategy.
The Problem with Binance Listing
CZ pointed out a recurring issue where Binance announces new token listings just about four hours before they go live. While this brief notice period is intended to be standard practice, it often leads to significant price surges on decentralized exchanges (DEXes) before the token is available on Binance.
Traders who invest early on DEXes tend to take profits once the listing occurs on the centralized exchange (CEX), putting latecomers at a disadvantage.
“I think the Binance listing process is a bit broken,” CZ stated, emphasizing the imbalance it creates. He recognized the need for a notice period but criticized that the short window allows for speculation to distort prices.
TST Listing and Meme Coin Debate
The discussion intensified after Binance listed TST, a token CZ initially referred to as a “test coin.” He clarified that neither he nor Binance endorsed it, but the listing led to speculation about the platform straying from its focus on fundamental values. CZ firmly rejected this idea, asserting, “I am a builder. I always focus on fundamentals.”
He also addressed speculation about his position on memecoins, stating that although he has never personally bought one, he holds no animosity towards them. CZ explained that exchanges must compete to list popular coins because trading demand dictates listings, not personal preferences.
In the comments following his tweet, users discussed whether Binance should switch to a more automated listing model. One user suggested that CEXes could learn from DEXes by integrating liquidity and listings simultaneously. CZ replied, “I tend to agree… but I am not running a CEX anymore.”
His remarks bring up an important question; Will Binance revise its listing strategy to mitigate excessive speculation? For now, the model remains as is, but the ongoing conversation indicates that change could be on the horizon.
