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International Business Times
International Business Times
Business
Marvie Basilan

Is Coinbase Token Listing Free Of Charge? Crypto Community Abuzz Over Alleged Multi-Million Dollar Fees

Coinbase Justin Sun Brian Armstrong Crypto Tron Luke Binance Bitcoin
The crypto community is on high alert after Brian Armstrong said Coinbase doesn't charge anything for token listing. (Credit: Coinbase Assets on X/Screenshot)

KEY POINTS

  • Sun said Coinbase required 500 million in $TRX plus $250 million worth of Bitcoin for security deposit
  • 0xSonicLabs' Cronje said that 'more recently,' Coinbase required $60 million for a listing
  • Kaspa Kii published an open letter, asking Coinbase for transparency on its application for a $KAS listing
  • PundiX's CEO said Coinbase didn't charge anything for the listing of $PUNDIX and $FX

Coinbase, one of the largest cryptocurrency exchanges in the world, is under scrutiny after some prominent crypto figures rejected Coinbase CEO Brian Armstrong's statement that the company's asset listing service is free.

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