Binance brings an important announcement for the crypto community.
On their Medium channel, the crypto exchange announced that they are making a change to their listing fee policy.
All listing fees become transparent and donated to charity
“Starting immediately, and going forward, we will make all listing fees transparent and donate 100% of them to charity.”
Project teams will propose the number that they would like to provide for a listing fee and now it will be called a donation.
Binance will not dictate a number, and it’s also important to find out that there is not any minimum required listing fee involved.
This change will support even more Binance’s charity initiatives and increase the use of blockchain for the “greater good,” and the blog post reveals.
The exchange also announced that there would follow more updates in the area shortly, so crypto enthusiasts should stay tuned for more info.
The official blog post tells users that if their coin is still in the listing review process, they can update their application with an appropriate number.
“Binance will continue to use the same high standard for the listing review process. A large donation does not guarantee or in any way influence the outcome of our listing review process,” Binance notes.
— CZ Binance (@cz_binance) October 7, 2018
Binance took part in Malta’s DELTA Summit
Binance CEO Changpeng Zhao took to Twitter to share that NASDAQ reported all about Malta’s DELTA Summit in which Binance was present as well.
During the DELTA Summit, more than 3,500 blockchain industry experts, and government officials discussed interesting details about crypto and blockchain-related issues.
Zhao spoke there about the impact of the blockchain technology on driving economic growth.
“This is a country where the leaders and the government understand blockchain technology,” Zhao said.
Binance CEO also made sure to encourage more companies to learn more about Malta, this crypto-friendly location.