While I understand the concerns and there is some truth in it: listing it on binance will probably first give a huge pump followed by a dump but I don't think it will crash to 0. They will not put so much effort in listing the tokens if they think this will the case. There will probably build in some mechanism or other stuff to prevent this and to make sure that the staking remains interesting.
I also doubt that the token price will drop to 0 after that. However, their staking wouldn't be interesting if the token has huge volatility after listing on such an exchange.
Kucoin is not a small exchange they are top 5 exchange base on coinmarketcap so we can already call them a big exchange
I put it wrong. Of course, Kucoin is a big exchange, considering that they also have huge trading volumes. I just meant that this exchange is smaller compared to Binance.
What I am curious here is that Binance is about to implement KYC for all users. Would it affect the number of traders on this platform? Because most traders would want to use exchange without mandatory KYC. And right now, Kucoin has still high withdrawal daily limit without KYC enforced. I don't know if this will be another consideration from the team about their possible listing to bigger exchange. On the note that BFG will crashed to 0. I don't think that will happen. They basically established their gambling platform so you can't say they have no use case for that matter.