CZ Binance

CZ expresses disappointment with Binance and CEX

By Yugocean | Crypto Champion | 11 Feb 2025


     CZ has said that CEX should list everything automatically just like DEX. This contains two facts: Experience and Frustration.

 

Experience 

     CZ provided the fact that individuals buy on DEX and sell on CEX, which is quite sensible. I also believe that when CEX announces the listing of a token but does not begin trading immediately, people buy tokens on DEX, boosting the token's value immediately, and when it is listed on CEX trading, people dump them right away.

 

Frustration

     CZ voiced unhappiness with the Binance listing process. Yesterday, CZ declared a memecoin a fraud for unofficially utilising the Binance logo. Just a few hours after CZ made this assertion, Binance listed that memecoin, prompting CZ to clarify the matter to his supporters.

 

Should we take CZ seriously?

     CZ is no longer in the CEX business, but his expertise speaks volumes; he no longer needs to consider the profit and loss of a CEX business while sharing his knowledge, thus his facts are taken into account.

 



 

Originally published on Wubits

 

How do you rate this article?

34


Yugocean
Yugocean

Judge me by my action. Personally everyone will do self praise,.


Crypto Champion
Crypto Champion

Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.