|
Title: Why do some Exchanges not have certain coins? Post by: CryptoMadir on January 03, 2018, 02:35:32 PM Hi
Im a newbie. So I have my eye on Ethos. I'm using Binance because Bitrex and Bitfinex currently aren't accepting new registration, however neither Binance or Poloniex sell Ethos? Why do they do this? I would prefer to use one or two exchanges for trading. Is there a simple way to manage the way you trade if using multiple exchanges? Title: Re: Why do some Exchanges not have certain coins? Post by: iolite on January 03, 2018, 04:35:42 PM Hi Im a newbie. So I have my eye on Ethos. I'm using Binance because Bitrex and Bitfinex currently aren't accepting new registration, however neither Binance or Poloniex sell Ethos? Why do they do this? I would prefer to use one or two exchanges for trading. Is there a simple way to manage the way you trade if using multiple exchanges? it's not easy to add coins, take a lot of efforts and need to check a lot of things prior that, from IT to legal issues Title: Re: Why do some Exchanges not have certain coins? Post by: juli50 on January 03, 2018, 04:51:16 PM I think coin developers have to pay in order to get in an exchanger. So if you ask why an altcoin is not in an exchanger is probably because they didnt wanted to pay to that exchanger to get in. At least this is with not so big coins, i think exchangers want to add the most known coins in their exchanger so more people trade in there.
Title: Re: Why do some Exchanges not have certain coins? Post by: MintDice on January 03, 2018, 09:16:38 PM This takes a lot of work. Getting involved in many types of coins will force you to be a part of many exchanges.
Title: Re: Why do some Exchanges not have certain coins? Post by: Boojapho on January 03, 2018, 10:54:24 PM It comes down to money. It takes time and HW/SW to setup and maintain a new coin. They weigh cost, margin, volume, and risk to figure out if it is worth their time. If it is, they put it on the exchange. If not, they leave it off.
Title: Re: Why do some Exchanges not have certain coins? Post by: cryptorTUX on January 03, 2018, 10:58:23 PM I think coin developers have to pay in order to get in an exchanger. So if you ask why an altcoin is not in an exchanger is probably because they didnt wanted to pay to that exchanger to get in. At least this is with not so big coins, i think exchangers want to add the most known coins in their exchanger so more people trade in there. Devs doesn't need to pay to get their coin listed. Some exchanges require certain amount of trading volume before even adding it. Because they don't feel the need to host the node in some alt network and not earn a lot by having it listed. Other thing is the question are there any influences inside exchange or some public figure within crypto world that will make certain coin to be added. Mostly it is a question of money when you think about it. Many alts are just forks of BTC and are relatively easy to add on exchanges. Title: Re: Why do some Exchanges not have certain coins? Post by: CryptoMadir on January 04, 2018, 11:23:21 AM Devs doesn't need to pay to get their coin listed. Some exchanges require certain amount of trading volume before even adding it. Because they don't feel the need to host the node in some alt network and not earn a lot by having it listed. Other thing is the question are there any influences inside exchange or some public figure within crypto world that will make certain coin to be added. Mostly it is a question of money when you think about it. Many alts are just forks of BTC and are relatively easy to add on exchanges. So although an exchange might not have a coin listed today, they might have it listed in a months time assuming the coin does well? Is this correct? Title: Re: Why do some Exchanges not have certain coins? Post by: AlexaVenture on January 04, 2018, 11:41:06 AM I think coin developers have to pay in order to get in an exchanger. So if you ask why an altcoin is not in an exchanger is probably because they didnt wanted to pay to that exchanger to get in. At least this is with not so big coins, i think exchangers want to add the most known coins in their exchanger so more people trade in there. Devs doesn't need to pay to get their coin listed. Some exchanges require certain amount of trading volume before even adding it. Because they don't feel the need to host the node in some alt network and not earn a lot by having it listed. Other thing is the question are there any influences inside exchange or some public figure within crypto world that will make certain coin to be added. Mostly it is a question of money when you think about it. Many alts are just forks of BTC and are relatively easy to add on exchanges. Thanks cryptortux, Good to know that about being listed on exchanges ;) Title: Re: Why do some Exchanges not have certain coins? Post by: Ralph1075 on January 15, 2018, 09:06:54 AM I noticed that too...just like ETN which is only listed on Cryptopia,But it depends on how hard the developers market their coins, not all coins are on a specific exchange website.
|