The world’s largest crypto currency exchange Binance’s founder Changpeng Zhao (CZ), altcoin He made explanations about their listing and impact on prices.

At this point, CZ argued that the prices of tokens should be caused by their own development, not from listing.

CZ, who responded to a user in X, argued that the listings on the stock exchanges should not affect token prices due to their nature.

Acknowledging that the lists increase the liquidity, CZ said that it is short -term and that it provides short -term gains.

On the other hand, CZ said that the development of the project should determine the development and progress of the project is the most important factor affecting long -term price movements.

The CZ also supported the decentralized stock market (DEX) model that allows all token to be listed and gives users the freedom to decide what to trade with.

“In fact, the listing of a token should not affect the price. Of course, the listing of token provides liquidity, allowing more free input-exit. However, it may be a short term (both up and down) prices. However, this becomes very short-term.

Prices in the long run should be determined according to the development of the project.

Dex model is very good. All tokens are listed and people can choose for themselves. ”

Coinbase’s listing BNB!

CZ evaluated Coinbase’s decision to list Binance Coin (BNB) in another share. CZ said that there is no request for BNB to list the development of the BNB naturally brought this listing.

“Nobody resorted to it. Focus on building. Listing naturally comes.”

*It is not an investment advice.

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Source: https://www.bitcoinsistemi.com/binance-kurucusu-cz-altcoin-listelemeleri-ve-fiyata-etkisi-hakkinda-konustu-coinbasein-bnb-listelemesini-degerlendirdi/



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