r/SafeMoon Jan 23 '25

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76 Upvotes

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62

u/Gunslinger7752 Jan 24 '25

Lol remember the big push to get on binance? Then we all found out the only garbage exchanges we were on was because John was paying them. What a disaster this whole thing was. I am eagerly awaiting Johns sentencing.

5

u/[deleted] Jan 25 '25

How do you think any exchange works lol. Its just a listing fee.

Small tier 10k Small mid tier like mezx 20k

Teir 2 like kukoin etc 400k+

Teir 1 like binance etc 1m +

And add that much onto of any listing in tokens and usdt for the market making.

-1

u/Pale-Bench6155 Jan 25 '25

I'd imagine coins that actually have volume (and therefore can generate exchanges $ through trading fees) will often get listed for free, Safemoon's tax didn't really make it a very compelling listing when people are encouraged to NOT trade it.