CandleFocus

Binance Penalized This Altcoin for Continuously Falling Price

Conflux Network co-founder, Forgiven, shared details about the listing of the CFX token on Binance. There were no initial listing fees charged by Binance, but due to poor price performance, Conflux had to pay a 150,000 BUSD deposit, which was later reduced to zero. However, there were no security breaches, and the 5 million CFX security deposits held by Binance were fully refunded. Forgiven also criticized Brian Armstrong for claiming that Coinbase does not charge fees for listings and demanded that CFX be listed on Coinbase.

Related News