Changpeng CZ Zhao simply purchased 1 BNB price of $TST (roughly 5,400), and now he’s determining the best way to add it to a liquidity pool (LP). The previous Binance CEO admitted through a put up on X that the method wasn’t as straightforward as anticipated, even for somebody who constructed the world’s largest crypto alternate.
“DEX is a lot tougher to make use of. 27 minutes to do a take a look at purchase… Nonetheless haven’t discovered the best way to add to the liquidity pool. And you must do that whereas they’re all watching on the blockchain,” CZ wrote.
On-chain particulars of CZ’s TST token buy. Supply: BscScan
CZ receives $1 million in crypto, asks what to do with it
An hour earlier than his TST buy, CZ revealed that $1 million in crypto had landed in one in every of his wallets. He had initially despatched $100,000 (150 BNB) from that deal with as a donation, however the identical pockets unexpectedly acquired ten occasions that quantity again.
“I cannot hold any of cash/tokens for myself,” CZ tweeted. “What ought to I do with it? Add to an LP pool? Airdrop? Donate to a charity? Ship to a burn deal with? Every other concepts? Severe query. Limiting replies to individuals I observe to keep away from spam. Will unfollow any spammers.”
Crypto customers instantly weighed in, with recommendations flooding in from all sides. Some demanded he burn the tokens, others pushed for a charitable donation, whereas an enormous portion of the group begged for an airdrop. CZ hasn’t shared if he has decided however he most likely used a few of that to purchase the TST tokens.
TST’s attention-grabbing origin story
$TST, or Check Token, wasn’t alleged to be an actual crypto. It was really created on February 7 as a tutorial asset on 4.meme, a platform designed to show customers the best way to launch meme cash on the Binance Sensible Chain (BSC).
The BNB Chain crew featured $TST in a demo video, inadvertently sharing the token’s identify and contract deal with. That was all of the degens wanted. Inside hours, merchants—notably in China—started sniping the token, and $TST took on a lifetime of its personal.
Its market cap began at simply $500,000, however hype-driven hypothesis pushed it previous $50 million inside three days, due to social media, speculative hypertrading, and the basic meme coin FOMO cycle.
On February 9, 2025, Binance formally listed $TST, introducing TST/USDT and TST/USDC buying and selling pairs. The itemizing exploded demand, sending costs even greater as retail merchants flooded in.
Binance repeatedly said that $TST was not an official Binance-backed token. The alternate clarified that the itemizing was purely market-driven, saying time and again that Binance had no management or involvement in its creation.
