Bitcoin Forum

I saw this article that analyses 11 coins that have been listed on Binance over the past six months. There are five different price points for each cryptocurrency. Just tell me what you think about it? Is it true?

https://coinedtimes.com/binance-listing-influence-on-cryptocurrency-price/

Exchanges are clearly not the same. Binance is number #1 when it comes to trading volume and userbase so logically, having your coin listed there means that you'll have a lot of potential investors who didn't come across your ICO and that will most then likely result into a high increase in the price. This is not valid for Binance only but to other platforms with a high trading volume such as Okex, Huobi, HitBtc etc.

Tnx for the clarification!!

Binance of now remind of the heydays of Poloniex, trading volume is very essential in the life of a token, that is why investors in most of these ICOs always put pressure on the team to get listed on big exchanges in the space like Binance, Bittrex, Okex and co because there is volume there to drive the price up.

This is a good article and I am grateful for having you to bring it to fore. I have always known that these big exchanges have huge investors base which drives tokens there up. I am more keen on the percentage change in price before and after listing. So this is a good research material for me

Binance is the biggest and world's best cryptocurrency exchangers. Most of the good coins have target to listed in binance but its enlisted fee is huge. Only good and strong coins age listed here.

Binance is not always taking money for the listing of a coin. I think the price is changing alway. It depends on quality of the project. The can add some new tokes but with perfect idea

Binance gives them all a lot of volume instantly. But this is for short term only. Remember those coins are still trading above the ico price can maintain the community's hype. A lot of people will try to send their tokens to the binance at the day of listing to sell em all instantly. But remember the reversal trend will be happened after that. short term speculation

I've read the article about the influence of listing and can tell you that lat half of year i think listing on binace can change the price of token only for 10 -20 percent maximum. in Q1 it was changing for 100 and higher percents

Good and strong is relative, because you still have coins that get delisted from Binance and one begins to wonder, weren't these erstwhile good coins? Imagine TRIG disappearing from coinmarketcap as a result of the delist. The Binance effect on a coin cannot be overemphasized because of the exchange's liquidity and the trading volume the coin will enjoy.

To be listed in Binance is a good indication of a coin's success. There had been lots of coins aiming to get listed there but were not. I suppose Binance now are going to ask more from a team who wants their coin listed. But I think binance will consider the support of the coin's community which is why a year ago they were doing votes from users before they add.

Binance listing is very big deal since its a top exchange meaning when the volume go back all of those coins from binance will benefit from it. but now on this bear market even getting listed on binance wont save you

I wouldn’t believe any sites and their cryptocurrency analysts can say anything for money. Yes, in a bull market, listing on this exchange gave a not so bad profit for a few days the so-called liquidity. But in a falling market, all the exchanges are almost the same and the quality selection of projects decreases.

it's true, but being listed on binance is not that simple cause they don't want to ruin their reputation for listing some shit coins.
but I think for now, don't do anything as FOMO. market was too bad last week!

I think this article doesn't know the level of truth. Usually, Binance will provide official information about coins that will be listed on the exchange.