CZ calls for automatic token lists at CEX-SHEETINGS FOLLOWING IN COUNTING ON BINANCE

After recent entry of the BNB chain test, co-founder of Changpeng Zhao criticized the token list on a centralized stock exchange, inviting “broken” and suggesting that exchanges should adopt more automatic development.

Binance co-founder and former CEO Changpeng Zhao, widely known as CZ, shared his thoughts about the recent test token (TST) on binance, one of the world’s largest crypts. When enrolled on the explanation behind TST on binance, CZ explained Mail to K These exchanges often states coins based on popularity and demand, not personal participation in the input process. “Exchange must compete for a list of popular coins as early as possible,” he said, adding that projects with significant trading volume are naturally priority.

Zhao comments come soon after the bynance listed TST, created as part of the tutorial in the BNB chain platform chain on the Chememe Launchpad platform BNB chain. 9. February, TST is before it falls its market of hat at almost $ 489 million at about $ 170 million at the time of writing Coinmarketcap. In a series of Twitters CZ, he clarified the circumstances behind the TST allegations, emphasizing that there was never an approved tokon himself. “TST did not approve me or stage. It was simply a test token used for video tutorial.” However, as Zhao explained, every postponed post has just made TST go more viral. “

In his Monitoring the postHe criticized the list of the list on the token on the centralized stock exchange, inviting it “a little broken”. He explained that the problem with a short time between the announcement of the new entry and the actual allegations, which is usually only a few hours. According to Zhao, this short notice period causes significant price fluctuations, and tokens often see a spike in decentralized exchange after the announcement. Traders, who often follow Dex, then selling the token at the CEX after listing, which leads to current sales pressure.

Zhao Then propose In order for CEXs could benefit from multiple automatic list processes, similarly to accumulate on the dex. He suggested that exchanges can be automatically listed almost any token.

In addition to its comments on the CEX list processes, the former director also addressed concerns about its attitude on the meme coins that were The biggest narrative in the cript in 2024. Years. When asked if he moved to focus on “Basics” in favor of Memen Coins, CZ claimed that his priorities were left unchanged. “I’m a builder. I always focus on the basics.” However, he clarified that until he personally invested in any Meme Coins, he did not oppose them. “No” in something doesn’t mean I’m against it, “he explained.