
The ongoing debate in the cryptocurrency community centers around the value and costs associated with centralized exchange (CEX) listings versus decentralized exchanges (DEX). Critics argue that CEXs, such as Binance and ByBit, impose high listing fees and predatory market-making deals, which can be detrimental to new token launches. Binance co-founder Yi He has denied these claims, emphasizing the exchange's commitment to transparency and strict listing criteria, refuting allegations that Binance demands up to 15% of a project's total token supply. Proponents of DEXs highlight their advantages in terms of transparency, security, and lower costs. Teams that failed to secure listings on major CEXs often resort to launching on Tier 3 exchanges, incurring significant fees, including allocating 2-5% to airdrop farmers. Additionally, there is a growing sentiment that crypto venture capitalists (VCs) should focus on funding developers with actual crypto experience rather than those adept at raising funds, with suggestions to send 100k-500k seed $. The trend suggests a shift towards DEXs as the preferred platform for new token launches, driven by dissatisfaction with CEX practices.

A tier 1 listing can’t fix a shitty token. Also, people sometimes seem to forget that CEXs are not non profit organizations. They run a (tremendously profitable) business. https://t.co/OlbT3ZeEMH
Hot take: Binance & Coinbase are perfectly within their right to ask for a huge number of tokens from projects IF the projects do not meet the highest of their internal criteria (Even if teams do meet the criteria, market conditions might dictate that they shouldn't list) No… https://t.co/VXLKSl0JeW
Everyone likes to punch upwards at CEXs But how have we got so entitled to think teams automatically deserve Binance or Coinbase distribution? @BCheque1 with a hot take on "worthless tokens" and the taxes paid to CEXs Ft. @ThinkingUSD @sjdedic https://t.co/ZnLfSNstdr