🔎 The CEO of Bybit has denied allegations that the platform charges $1.4 million for token listings on its platform.

On April 14, user "silverfang88" (who has over 100,000 followers on the X platform) accused the platform of demanding millions of dollars in listing fees from projects.

Ben Zhou, Bybit's CEO, denied the allegations and asked the user to provide evidence for his claims.

Bybit imposes three conditions on projects seeking to list:

Have a marketing budget.

Provide a security deposit of between $200,000 and $300,000 in stablecoins.

Pass the evaluation and approval process.

The internal listing process includes filling out several forms, internal voting, research, and a meeting to review the listing decision.