Changpeng Zhao warned people to remain away from all those projects, which announce their Binance listing plan.
Changpeng Zhao is the CEO and founder of the Binance exchange and he is also a popular crypto billionaire. Binance is not only a popular crypto exchange in terms of global trade volume but also for its fund security system.
On 20 October, Changpeng Zhao quoted a screenshot of news or any kind of report which reported that bunches of crypto projects claimed that they signed with Binance to get listed on the Binance exchange.
Zhao said that all such kinds of crypto projects are fake and don’t trust them because Binance never lets any crypto project to announce before listing.
In short, Zhao suggested people remain away from such types of crypto projects and also confirmed that Binance will blacklist all those crypto projects, which will do the same.
Binance exchange is currently standing at first rank, so it always remains a target for every crypto project to get a listing on the Binance exchange.
Binance exchange always remains ready to keep bad actors away from the crypto sector via a better crypto education in the non-crypto sector.
Recently Binance exchange decided to launch the “CryptoCreepers” series to educate people about Web3-based projects.
Binance coin (BNB) is the native token of the Binance exchange and is fully backed by a dedicated crypto project team. Binance provides decentralized crypto trading via its Trust wallet, where BNB acts as a native token.
At the time of writing this article, the price of the BNB coin is $270 and it is ranked 5th in the industry by market cap.