Binance Denies Profit-Seeking Claims, Emphasizes Transparency

In response to allegations that it profits from cryptocurrency listing processes, Binance, the world’s largest exchange, has issued a firm statement on its platform. The company maintains it does not charge any fees for listings and clarifies that all cash or coin security deposits are typically refundable within one to two years. Binance further asserts that its executive team is not involved in token dumping and criticizes unauthorized disclosure of confidential industry communications as detrimental to industry norms.