$BNSX — it makes one wonder "What is Gate doing then?" to see a project with an unknown founder, lack of transparency, poor token distribution, weak liquidity, and a fake community being listed by a major exchange like Gate.

🔥 Why might Gate be listing such "garbage / risky" projects?

1️⃣ Gate earns money, does not choose quality

Gate's listing logic is not as selective as Binance.
"Is there a project that wants to be listed? If so, bring the money → it will be listed."

This is why:

First, they charge a high listing fee from the project.

For them, "is the token useful or not?" so much

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2️⃣ Gate is known as the 'high-risk projects exchange'.

The general perception of Gate in the crypto communities is as follows:

➡️ "The exchange that lists everything new."
➡️ "Suitable ground for pump-dump projects."
➡️ "Most of the tokens with high scam risk are here."

So having projects like BNSx on Gate shows that Gate does not filter quality, yes.

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There is no connection between the token being good and its listing.

Exchanges like Binance, Coinbase, OKX:

Team information

Audit report

Real product

Number of users

Reliability
examines with criteria such as.

Gate does not conduct such strict supervision.

That's why there are both garbage and solid projects on Gate — it's a mixed market.

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4️⃣ It's not a good project just because Gate is listing it.

This is a very common mistake:

"If Gate is listing it, it's good."

❌ Wrong.

If Gate is listing, it only means the following:

The pro listing fee has been paid.