CandleFocus Binance hasn’t slowed since CZ — neither have the memecoin launches
2025-01-13
Author: Content Editor
Despite facing bans and regulatory roadblocks in various parts of the world, Binance continues to thrive as the number one cryptocurrency exchange in terms of trade volume. The exchange's ability to cater to memecoin traders and offer early listings and trading opportunities has contributed to its success. Binance has effectively cornered the memecoin market, controlling 44% of memecoin volume on centralized exchanges. Although Binance lists fewer coins compared to its competitors, this is a deliberate choice to protect the interests of its users. The exchange has a stringent coin selection process and conducts independent due diligence. Regarding listing fees, Binance's CEO Richard Teng declined to provide specific details, leaving it unclear how the fees for listings on the platform are determined.
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