Binance Takes Its Time on Listing Kaspa (KAS), and This Interview Clarifies the Reasons

Kaspa's Unique Approach: Kaspa has differentiated itself in the crypto space by avoiding presales, VC allocations, and shortcuts, focusing instead on a fair launch model that emphasizes decentralization and infrastructure development.

Exchange Listing Progress: While Kaspa's exchange listings may seem slow, technical integration with HTX is nearing completion, with a potential listing announcement expected around Christmas, highlighting the importance of backend work over surface-level engagement.

Market Maker Dynamics: Claims of price manipulation by market makers are dismissed by data showing that the inventory loaned to them is minimal, indicating their role is primarily to provide liquidity rather than influence price direction.

Binance Listing Strategy: The delay in Binance listing Kaspa is attributed to user acquisition strategies, as many Kaspa holders already trade on Binance derivatives, making a spot listing less beneficial for the exchange compared to others like HTX and Kraken.