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Binance CEO Changpeng Zhao commented on a recent tweet from a user stating that the Elastos (ELA) project was not being listed on Binance. The CEO gave reasons as to why Binance does not list projects, not directly mentioning ELA, however it would be hard not to assume the Binance big man was not talking about ELA.
The tweet from a user commented on ELA not being listed on Binance by stating "Guess not every great and robust project can make its way on Binance. Too much pride between the two parties. Elastos can truck on"
Guess not every great and robust project can make its way on Binance. Too much pride between the two parties. Elastos can truck on
— Justin Rivaldo (@justinrivaldo) January 14, 2019
CZ responded directly to the tweet by commenting on why Binance does not list certain projects. One of the key mentions included not listing projects "that spread rumors or trash talk about us"
CZ referred to a basic level of respect and humility between cryptocurrency projects and Binance is what's needed to be listed on Binance stating "We find arrogant projects usually don't do well in the long run anyway."
While we almost never say anything bad about any project, we don't list projects that spread rumors or trash talk about us. A basic level of respect and humility is expected. We find arrogant projects usually don't do well in the long run anyway.
— CZ Binance (@cz_binance) January 15, 2019
The tweet didn't go down well with ELA fan boys who had their say on twitter too.
Accusing that “arrogant” projects dont do well in the long run is a very dumb statement, honestly. You are not doing any good to your reputation.
— Crypto Fanatic (@CryptoFanatic25) January 15, 2019
This just shows that there is bad blood between you and elastos, and you are washing your dirty laundry in public.$ela $bnb
Similar instances have occurred with projects such as Digibyte (DGB) who also had issues with Binance and CZ last year following an assault on Binance's listing fees by DigiByte founder Jared Tate
Recap: DigiByte founder takes a jab at Binance's listing fees, Changpeng Zhao responds
CZ has made it very clear that any issues regarding listings on Binance, will not bode well for projects. In this case, its best for projects to do their best to abide by the rules and practice clear and concise communication when trying to be listed on one of the world's biggest cryptocurrency exchanges.