Binance Listing Fees: Denies 8% Token Supply Claims
Binance listing fees have come under scrutiny after Limitless Labs CEO CJ Hetherington alleged on the Unchained webcast that Binance requires up to 8% of a project’s token supply plus significant cash and BNB collateral to list. According to Hetherington, projects must allocate 1% for a first-day airdrop, 3% over six months, 1% for marketing, and 3% for its BNB HODLer program, and provide a $250,000 security deposit, $2 million in BNB, and $200,000 in tokens for affiliates. These Binance listing fees claims have sparked a transparency debate over tokenomics and fair market practices. Binance denied the allegations in a now-deleted X post, calling them false and defamatory, stating it imposes no classic listing fees, refunds security deposits within one to two years, and distributes tokens via Alpha Airdrops and Launchpool programs.
Neutral
The allegations around Binance listing fees and token supply allocations focus on corporate practices rather than market fundamentals or token issuance that would affect BNB’s liquidity or value. Binance’s swift denial and clarification of refundable security deposits and token distribution through its Alpha Airdrop and Launchpool programs help contain negative sentiment. While increased scrutiny may create short-term uncertainty, the absence of evidence of direct token sales by Binance executives and the potential for refunds mitigate bearish pressure. Overall, the news is unlikely to drive significant price movement for BNB, resulting in a neutral outlook.