Bybit CEO Ben Zhou has refuted claims that the exchange charges $1.4 million for token listings, challenging accusers to provide evidence.
1. Which school is making students trade contracts? Show the evidence.
2. Which legal department reported competitors? Evidence?
3. Which coin listing charged a fee? Evidence?
The crypto world is chaotic because of idiots like you who spread rumors without evidence and fantasize daily.— Ben Zhou (@benbybit) April 14, 2025
On April 14, X-account user silverfang88 accused Bybit of demanding fees from projects for coin support. He also alleged that the exchange used influencers to pressure students who received trial contracts through the Campus Ambassador program.
“The crypto world is chaotic because of idiots like you who spread rumors without evidence and fantasize daily,” Zhou responded to the accusations.
A Bybit representative told Cointelegraph about the requirements for listing on the platform. According to him, they include a marketing budget, a security deposit, and an evaluation process.
“Projects are expected to allocate advertising funds for user acquisition activities, although legal restrictions prevent exchanges from directly holding tokens,” he stated.
Bybit requests $200,000–300,000 in stablecoins from projects for promotion.
The token evaluation process involves application submission, internal voting, research, and a listing review meeting.
“We focus on fundamental principles and risk control, including on-chain data, address authenticity, use cases, user distribution, project value, token evaluation, value capture mechanisms, and team credentials,” the Bybit representative explained.
Back in March, the exchange denied rumors of issues with deposits from the non-custodial Trust Wallet.