Binance Founder CZ Warns Investors About Altcoin Listings! He Recounts His Personal Experience!

Binance, the world’s largest cryptocurrency exchange, announced today a new system for listing altcoin projects. According to the announcement, altcoin projects will go through Binance Alpha, Binance Futures, and finally Binance Spot phases.

Following Binance’s introduction of its three-stage Alpha-Futures-Spot listing system, CZ has also made important statements.

Related News: A New Era in Altcoin Listings from Binance! A New Three-Stage System Introduced!

Binance founder CZ, in a post from his X account, touched upon Binance’s altcoin listings.

CZ stated that any individual or organization claiming to help projects be listed on Binance is a scam.

CZ emphasized that people should not trust individuals who present themselves as agents, consultants, former employees, or current employees.

CZ stated that nobody at Binance has such authority, and gave a personal experience as an example.

CZ said that a country’s president recently asked him privately if he could help them list their company on Binance, to which he clearly stated that it was not possible.

Finally, CZ stated that such behavior should be reported immediately and that the individuals involved would be blacklisted; in some cases, their information might be made public.

“Anyone who claims they can help you list coins on Binance is a scammer.”

If you see anyone (including agents, consultants, former or current employees) making this claim, please report it. These individuals will be blacklisted and sometimes even publicly identified.

“Recently, a head of state asked me a question about an advertisement. I told him I couldn’t help.”

*This is not investment advice.

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