Binance CEO Introduces Paid Messaging on X Platform – Coincu

Airdrop Is Live 🔥 CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com


Key Points:

  • Binance CEO introduces paid messaging feature on X platform profile.
  • Messages to CZ cost 0.08 BNB with partial refund policy.
  • Community concerns raised over privacy and monetization.

Binance CEO Zhao Changpeng (CZ) has added a paid Direct Message (DM) link to his X account profile, aiming to streamline communication access.

The newly introduced system allows users to send messages costing 0.08 BNB, with a refund of 50% if CZ does not respond within five days. This change sparked discussions on privacy and monetization.

Paid Messaging Sparks Binance Community Debate

CZ, founder of Binance, now charges 0.08 BNB per message sent to his X platform account. Messages are limited to 2000 characters without attachments. Initial reactions show a divided community weighing the pros and cons of this feature.

Reactions stemmed from privacy concerns and the potential influence of monetizing direct access to CZ on Binance’s image. Critics argue that charging for communication could set a precedent in the industry.

Zhao Changpeng (CZ), Founder, Binance, warns about impersonation, “My only legitimate account is @cz_binance”: source

Binance and CZ have not officially commented on user privacy protection in this scheme. Industry leaders speculate on long-term outcomes concerning user interaction and engagement.

BNB Price and Regulation Concerns

Did you know? The introduction of paid messaging by a major crypto figure like CZ could reshape how communication occurs in the crypto space.

BNB is currently priced at $620.50 with a market cap of $88.40 billion. BNB holds a market dominance of 3.12% and has seen a 30.68% decrease in trading volume. The 24-hour price change is -1.78% according to CoinMarketCap.


bnb-daily-chartbnb-daily-chart
BNB(BNB), daily chart, screenshot on CoinMarketCap at 17:56 UTC on March 26, 2025. Source: CoinMarketCap

The Coincu research team highlights potential regulatory challenges. Experts suggest that regulators might scrutinize Binance’s use of direct payments for communication if seen as jeopardizing user privacy. Compliance and technological adaptation remain pivotal areas of focus.



Source link