Founder and CTO of DigiByte coin Jared Tate yesterday took to twitter to call out Binance and alleged them for asking $300,000 and 3% of all DGB in supply in order to get the coin listed on Binance.
He wrote that he did a video call with Binance team a few weeks ago and they wanted $300,000 and 3% of all DGB for insurance for their customers against blockchain hacks & defects to list DGB. Jared told Binance that it is not possible with a truly decentralized blockchain like DigiByte.
Did a video call with the ”Binance” team a few weeks ago. They wanted $300,000 and 3% of all DGB for ”insurance for their customers against blockchain hacks & defects” to list $DGB. Told them that is not possible with a truly decentralized #blockchain like #DigiByte.
— Jared Tate (@jaredctate) September 20, 2019
Binance CEO Changpeng Zhao, responded to the tweet saying that Jared does not want DGB listed on Binance and he is not going to waste any more time on these types of guys.
lol, interesting (in a fk’ed up way). I think he specifically does NOT want DGB listed on Binance.
not gonna waste any time on these types of guys. There are more interesting things to do in life. Moving on…
— CZ Binance (@cz_binance) September 21, 2019
The crypto community seemed split on the topic as some sided with Binance and some with DigiByte CTO. Two years ago, DigiByte team won in Binance listing poll and was all set to get listed on the platform, but Binance asked for a fee that they could not pay and lost the chance to join the platform. However, DGB founder did not provide any proof of the conversation and asked the community to take his word.
— Matthew Cornelisse (@mctrivia) September 21, 2019
Why would the Binance listing team ask money from a decentralized project like dgb. It is like asking listing fee from doge coin. The Binance listing team can not be this clueless. It might be an imposter but who knows.
— Tommy Mustache (@MustacheTommy) September 21, 2019
Doge was listed afterall on community demand without any % oty supply though so why would anyone (including binance)ask for 3% of dgb supply🤔🤔🤔
— Anonymous (@Feelingcrazier1) September 21, 2019
Let us know in comments what do you think about Jared Tate’s allegation against Binance.