Want to Message Binance’ CZ? It Now Costs ~$120 After Spam Flood

• Binance’ CZ’s new paid message feature quickly overwhelmed by spam
• Fee to message CZ rapidly hiked to 0.2 BNB (~$120) to filter interactions
• CZ asks users to read tips, have reason, message effectively, or not at all

Binance’ former CEO, Changpeng Zhao (CZ) launched a paid feature allowing users to message him directly for a fee, but the rollout quickly hit turbulence. 

The “Pay to Reach” system, prototyped and launched swiftly after CZ discussed the idea on Binance Square, was immediately inundated with spam messages—ranging from simple greetings like “yo” to memecoin links and vague, unanswerable questions like “how do I run a successful start-up?

Messaging CZ Now Costs ~$120 As Fees to Combat Spam

To manage the deluge, CZ initially set the fee at a modest 0.04 BNB (approx. $24 at current prices) but rapidly increased it after receiving over 100 messages overnight. The fee was first raised to 0.1 BNB and has now been set at 0.2 BNB (approx. $120) in an effort to filter out low-quality interactions. 

Despite the adjustments, CZ expressed uncertainty about finding an ideal price point to limit messages to a manageable number (around 10 pe…

The post Want to Message Binance’ CZ? It Now Costs ~$120 After Spam Flood appeared first on Coin Edition.