400 BTC to get a listing on binance's new dex ?

[tenebriscaelum]

What is the point of being a decentralized exchange of you are going to pay 400 Bitcoin just to get your altcoin listed on its exchange. In my point of view the decentralized exchanges are supposed to be the place where different altcoins that are not yet listed in centralized exchanges and market price can be traded, specially most of the ICOs that only reach the softcap and cannot list themselves in such exchanges. 400 Bitcoin just too damn greedy.

[EastSound]

i dont get the point. if dex means decentralized exchange, how do they ask money to list. if they ask money then they control the exchange, so it means that this exchange is centralized not decentralized.

There is no longer decentralized exchange because governments have been strict with crypto exchangers and besides Binance has to take care of their brand name. Dont expect anything for free since they need money to run their business.

[happyme1818]

Think I'd rather just go on Komodo or blocknet for free.

I think they should think first before they implement it because even a good developer  would never pay that much just to add their coin. There are many alternative trading platform that can be use.

[luongdk]

Their CEO refused such high amount for listing, but on the other hand I saw that letter and mail address was from binance. Guys, may be someone now real price for listing on binance?

[cuo]

I think it's very excessive, price listing almost like soft cap ICO project, 2-3 Million USD is very big balance to make new project. If I have 2-3 Million USD I will developing some new exchange.

[joerogers8]

400 BTC to get listed is insanity.  Hopefully projects soon shun this type of behavior from the exchanges.  These young projects cannot afford a price tag like that.  Soon when someone is listed on Binance it will cause a price decline as the project spent all its funds to get listed.

[Bitmore]

I'm shocked. I didn't expect exchanges to become so greedy. I don't like this situation because instead of developing the technology developers have to spend a lot of time and resources on marketing. I believe that cryptocurrency exchanges should not be so greedy. But maybe I don't understand something in this world.

[pidobir]

400 bitcoins is just a huge amount. I think that decentralized exchanges will be able to change this situation. It seems to me that they have a future.