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- CZ welcomed Coinbase’s BNB listing but pushed for more BNB Chain tokens to be added.
- He dismissed claims of listing fees, emphasizing merit-based inclusion.
- BNB’s price fell 7% post-announcement as traders repositioned holdings.
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Binance founder Changpeng “CZ” Zhao has broken his silence after Coinbase finally moved to list Binance Coin (BNB). CZ welcomed the decision but used the moment to call for more fairness, urging Coinbase to also list projects built on the BNB Chain. He noted that Binance has already supported several Base ecosystem tokens—the blockchain launched by Coinbase.
“Listing the third-largest crypto by market cap should be a no-brainer,” CZ said on X. “It has liquidity, volume, and a thriving ecosystem. Not listing it hurts the exchanges themselves.”
Moreover, I would urge Coinbase to list more @BNBChain projects. @Binance has listed several Base projects. Don't think Coinbase has listed a single @BNBChain project yet. And it's a more active chain.
— CZ 🔶 BNB (@cz_binance) October 16, 2025
Not a trade. Just recommending, given we are on the topic of being open,… https://t.co/16WkVUM6Om
CZ Pushes for Equal Representation Across Ecosystems
While expressing gratitude, CZ also pointed out an imbalance in how projects from different chains are treated. He claimed Coinbase has yet to list a single BNB Chain project, despite the network being one of the most active in the industry. By contrast, Binance has listed multiple Base-based tokens, reflecting a more inclusive stance toward competing ecosystems.
CZ clarified that his comments weren’t an attack—“just a recommendation, not a trade”—but they come amid growing tension between the two exchanges. The rivalry has become symbolic of broader competition in the crypto industry, where each exchange’s listings can shape liquidity and investor interest.
Listing Fees and Transparency Under Scrutiny
The debate reignited after Coinbase’s listing announcement followed community backlash for excluding BNB for years. At the same time, Binance faced its own criticism over alleged listing fees, which CZ denied outright. “Exchanges don’t charge listing fees. If a project is strong, exchanges will compete to list it,” he stated.
Also Read: Binance Returns to South Korea with Gopax Acquisition: Major Crypto Market Move
BNB’s market reaction was mixed. The coin dipped nearly 7% in the past week to around $1,190, with 24-hour trading volume plunging 42%. Some investors appeared to be repositioning their holdings following Coinbase’s roadmap reveal.
A Step Toward Healthy Competition
Despite the tension, CZ’s comments highlight an opportunity for greater collaboration among major exchanges. As the crypto market matures, fair access to listings could help balance innovation and transparency across ecosystems—a win for both developers and investors.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
