CZ: CEX listing tokens only provides a purchasing channel and does not take responsibility for the token's performance.

On January 31, CEX founder CZ spoke during an AMA in response to recent market FUD, saying: “I believe that obtaining ‘Alpha’ qualification itself is not very meaningful; the standards for launching spot trading will be much stricter. Of course, from different perspectives, if CEX’s Alpha channel does not provide access to such (early-stage projects), then CEX is likely to lose users, who will have to turn elsewhere to engage more with the DeFi ecosystem. Therefore, CEX solves this problem through this method (referring to Alpha). The external criticism is that, because there are many projects launched on CEX, some high-quality tokens, so-called ‘golden’ tokens, may lack liquidity. But this is actually a misunderstanding. Just because a token is launched on the blockchain and within the DeFi network does not mean you have to buy it. Similarly, just because CEX provides a purchasing channel does not mean everyone must buy. Good projects naturally attract more buyers, while poor projects will have fewer buyers. So, many people tend to think that as long as the CEX platform supports or provides access to a certain token, the CEX should be responsible for that token’s performance. I think this understanding is somewhat misinterpreted. Just like not every stock on NASDAQ performs well, not every stock on any trading platform is guaranteed. The role of trading platforms and markets is to provide access channels. Conducting research and making choices is still your own responsibility. That’s my view on this.”