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After the recent listing of the BNB Chain’s Test Token on Binance, co-founder Changpeng Zhao criticized the token listing process on centralized exchanges, calling it “broken” and suggesting that exchanges should adopt a more automatic listing approach similar to decentralized exchanges.

Binance co-founder and former CEO Changpeng Zhao, widely known as CZ, has shared his thoughts about the recent listing of the Test Token (TST) on Binance, one of world’s largest crypto exchanges. When questioned about the rationale behind TST’s listing on Binance, CZ explained in his post on X that exchanges often list coins based on popularity and demand, rather than personal involvement in the listing process. “Exchanges must compete to list popular coins as early as possible,” he said, adding that projects with significant trading volume are naturally prioritized.

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