Binance offers up to $5M for tips on fake listing agents

On its official Binance site, the exchange says these approaches are fraudulent. Binance stated that it does not use third-party intermediaries for listings and does not recognize “agents” who claim they can guarantee an outcome. The company also says a listing cannot be guaranteed and that submitting an application and having it reviewed does not require payment.

At the same time, Binance announced a whistleblower-style reward program for anonymous informants. The exchange said it may pay up to $5 million for verified information that helps identify and stop these посредники. Binance pointed users to official reporting channels and specifically listed [email protected]. It also encouraged people to keep evidence of contact with suspected scammers, including chat screenshots and other materials.

Binance’s announcement also lays out how it expects projects to communicate during the listing review process. According to the exchange, discussions should be conducted directly with core project representatives, including founders and senior executives. Binance said participants in working chats may be asked to complete identity checks (KYC), and the exchange framed this as part of its process for verifying who is involved.

Binance further warned that projects that rely on intermediaries could face consequences. The announcement says such applications may be disqualified and that a project could be added to a blacklist, making future attempts to list more difficult.

Listings remain a recurring flashpoint in crypto. In recent months, social media has seen public disputes over what exchanges expect from projects and what it takes to get onto major venues, including Binance. Against that backdrop, Binance’s warning about fake “listing agents” reads as an attempt to reduce the number of attacks on teams and investors.

As we’ve noted before, listings often draw outsized trader attention because they can trigger short-term price spikes that some market participants try to profit from. That dynamic can make the market more vulnerable to rumors and schemes where scammers sell “access” to what they claim are internal exchange decisions.