Market domination leads to unethical behaviour. Binance can make or brake coins. If we want to move forward, we don't want that kind of dominance. We want the market to make decisions, not Binance
this is an age-old problem. people have been complaining about the politics around exchange listing for years, long before binance existed. binance just happens to be the market leader at the moment.
a private company should be able to list whatever markets they want. what's the alternative? voting?---who should have a right to vote? how do you determine what the market wants, without listing coins and seeing what volume the market produces?
If you'll pay, you'll get listed. That's not good. We want good projects to be listed, not the ones that pay the most. At least Binance should be transparant about the projects they listed because of quality and the ones they listed because they paid for it.
it comes down to profit and market share. coinbase doesn't charge listing fees, but they only have a few markets. at the end of the day, CZ and binance are here to make profits.
We need them, because the platform has so much volume. But to be honest, I don't think it's a really great platform. For example, I miss a lot of trading options. They are not developing the platform at high speed. And that's a bad thing, because we are all stuck at Binance. And in fact now they are slowing down the development of crypto trading.
poloniex was the market leader. then everyone left. then bittrex was the market leader........then everyone left. what do you think will happen with binance? you're not the only person thinking this way.
