Binance Lists DigiByte (DGB) with ‘0 BNB’ Fee; “Big Win for the Future of True Decentralization”
Today, leading spot cryptocurrency exchange Binance announced that it is listing DigiByte (DBT) for “0 BNB.”
Trading for DGB/BTC, DGB/BNB, and DGB/BUSD pairs will be opened at 2:00 PM (UTC) on June 22nd, 2020.
“You asked for it, we listened. Had to filter through “some noise” on this one, lol. It would have happened sooner otherwise,” said Binance CEO Changpeng Zhao “CZ” about the listing.
In response to the listing, the price of DGB jumped 40% and is currently trading at $0.0217. The 34th largest cryptocurrency by market cap of $290 million is up 300% YTD but still down 85% from its all-time high.
DigiByte founder Jared Tate called this a “big win or everyone & the future of truly decentralized blockchain Tech.” He added,
“To my surprise & many others Binance freely listed DigiByte w/o any requests/ stipulations just as any exchange can do. No permission required. Thank you CZ, Binance team & DGB fam!”
Looks like Tate would be burying the hatchet now that DGB is listed on Binance after being in a months-long feud with Binance and CZ.
Just as recently as December, Tate has called CZ a “crook” along with Tron co-founder and CEO Justin Sun who acquired the cryptocurrency exchange Poloniex which then threatened to delist the cryptocurrency.
This feud first started in September when Tate took to Twitter to accuse Binance's team of asking him $300,000 and 3% of all DGB to list the digital currency. But now, with “0 BNB” fees DGB is available for all the retail and institutional investors of Binance.
However, some are still questioning Binance’s move as the listing came just over a month after Tate announced that he is stepping down from handling the daily operations while accusing the crypto community of becoming “co-opted [and] eroded by greed.”
“Every day I see this tech being used to enrich the few at the expense of the long term good of the many,” he said at that time. He also warned that “the centralization of this industry will be its undoing if we let it.”
“Was there pushback from Binance side towards the rest of the DGB team/inner circle? This might have been another hidden power move that shows how much influence Binance has over the cryptos listed on there,” questioned one Twitter user.