Bitcoin Forum

Exchanges are asking for ridiculous amounts for new altcoins listing.

https://bitcoinist.com/binance-listing-2-6-million-fee/

All other top exchanges are asking not less that 500k for listing. Scam exchanges like P2PB2B, coinsbit, youbit and others are asking for 100K. I understand that they are trying to avoid scam projects, but not all projects are scam.

That is insane, because there is no way for a new altcoins developers to afford such amounts for listing.

Can someone recommend me a good exchange with acceptable listing fees? Thanks in advance.

For top tier exchangers then its just normal for them to ask out those listing fees.Yes, it way too big bug you do know as a project
owner on what would be the possible  effects into your own project (Price increase most of the time) when you are listing on to those big exchangers.

They do even have past issues with DGB listing: https://news.u.today/news/binance-cz-responds-to-complaints-of-dgb-coin-founder-about-its-dismissal-community-reacts

Dont know which exchangers nowadays on top tiers that doesnt ask out some listing fees.

I know, but I am looking for the best and cheapest solution. Also I do not want to use a scam exchanges.

OkEx exchange doesnt require listing fees but they do get some sort of security fee and when you do able to complete that then they would return those funds.

Bitfinex is an another option but talking into its security reputation i wont consider this one out.

You can also try up Huobi: https://www.hbg.com/en-us/coinstandard/

Thank you for your suggestions. I really appreciate that.

You can also look for bittrex they didn't ask for listing fee and see their conditions here https://bittrex.zendesk.com/hc/en-us/articles/360000475411-How-do-I-submit-a-token-to-Bittrex-for-listing-

And also with kucoin see it here https://kucoin.zendesk.com/hc/en-us/articles/360003229494-How-to-List-a-Coin-on-KuCoin.

maybe it's a binance way to avoid scam projects, of course binance will maintain its image as an exchange to avoid fraudulent projects, if your token is registered in binance, of course people will not doubt your project, for the cost of the token list in my opinion is too excessive,
It looks like you are serious about your project, good luck.

Indeed, Binance is trusted on this matter of assuring scam projects to be prevented. If ever they've been breached with some circumstantial situations through security and it happened losing their traders funds, Binance will took over for the responsibilities. Hopefully, the other exchanges like Kucoin, OKEx, Hitbtc, Huobi and Bittrex would have this kind of core strength in handling over their client, because as we all know they've been doing trading smoothly without any huge issues concerning funds lost. Because of that capabilities, all traders and holders hope that their coins will be listed in any of these exchanges for the expectations that it could reached the most potential profitable value.

maybe you can check this thread  Crypto exchanges comparison [trade fee + listing fee + age + mobile app + more!]   (https://bitcointalk.org/index.php?topic=5079048.0)
from that thread you can see many exchanges with details like listing fee and many others info

$2.6M is more than the marketcap of some coin!

Maybe binance figured if these coins are to be listed on them, it should be worth the amount the team could scam to its investors. The amount must be worth because just by being listed on binance a team could be making more than $2.6M, they will earn trust from the public because getting listed on binance is also like they have hired a marketing team pro enough to make the world see their coin.  Other exchanges see it an opportunity also.

Yes, you are absolutely right. 2.6M is ridiculous.

from where did you read that binance requires that amount for listing fees?
as i know that currently, binance has a voting system for listing but to enter it you need to fill a form that they provided

https://bitcoinist.com/binance-listing-2-6-million-fee/

but that articles seem just a rumor because binance never answer about that and right now there is voting system there
you can read all the info here https://www.binance.com/en/vote/

https://twitter.com/FrankoCurrency/status/1027524851987308544

This is one of the reasons why we will never see a stop on ICO or IEO because the cost to list a coin is very high and a project however good it is will never see the light if it can not be traded in Big exchange like Binance, that is why they opted for a new exchange or Dex if it is an ERC20 token, but that will not help their cause, we have so many new exchanges that offers free listing for a limited time, and we should give them a chance if they can give us good security and transparency. 

I actually split minded for that matters since I'm so vigilant if they want to list there tokens on new dex or centralized exchange since the main concern here is the security. And would not t risk what I earned for unsure things and better for those coins or token to be listed if not in the top maybe on decent one so that we can get an assurance that we are in safe place.

Yeah, maybe too expensive to believe. There were other exchanges as well in the past who charged insane sums for any shitcoin to list immediately, but that rumor is just too insane to believe. And this was allegedly for the coin without an ico/ieo. Even if this was a true statement from binance, it might be out of context or result of the heated conversation, because they wouldn't ask this from any other project i know that got listed recently.

First of all,,, I do not know why you are surprised that exchanges ask for so much. You try discuss with Binance and then you see how "cheap" it can be for other stupid 3rd tier exchanges. Not that Binance would even entertain small offers nowadays.

You want to do a stupid ICO/IEO? Then you have to follow the footsteps of everyone else.

So you think that charging 2.6M for listing is OK? Nobody wants to do STUPID ICO. We are discussing Exchange listing here. Read the topic before posting some B.S.

P.S. Regarding stupid ICO's. Someone was promoting Triforcetokens pre-ICO here. Guess who ?

https://bitcointalk.org/index.php?topic=2269982

You did not tell us if your asset is a token (e.g ERC 20) or natural coin, all the same you can check this legitimate website but they require a lot from you project before listing.

1, https://poloniex.com
2, https://www.altilly.com

normal and not so good exchange have fees right ? but are you looking for more good alternatives ? then how much more their fee ? fees that they ask are even got higher than the non leading exchange  .  it maybe that they ask for payment is because they only want good coins  . usually the creator of good coins have a good budget because they are serious on what they have entered so they can afford the listing fee for the exchange but why would scam coins pay when thier objective on the first place is to scam and earn money  ?

You have a point because listing fees varies from the type of token for example Kucoin ask price start from 15 BTC for an ERC-20 tokens while 20 BTC for non ERC-20 tokens. Therefore projects who have their own blockchain have to pay more on listing because it will be an extra work for the developers to integrate their unique blockchain.

My friend is planing to launch a new altcoin and his listing budget is 250-350K. But I could not find any good exchange that will list a new coin for that price range.

This is the reason why these exchanges, are using bot and pumping their volume, so they can justify asking for a huge amount of listing fee, exchanges are the most profitable business now in Cryptocurrency, it's a multi-million dollar business and every company is dreaming to have one, there's a lot of manipulation and deception, just to become number one or top in the market.

Checking if they are listing a scan projects doesn't need to involve a huge sum of money, they can have people who can screen every project, even if the project is that good but without funding, it will not see the light, they are actually killing good projects, no wonder there are so many exchanges, and big companies want to set up one because there is a huge money to be made here than doing ICO

250-350k is that USD?
For listing you can direct contact every exchange and ask for thier listing fee and requirements before your coins will be added. some other exchange only ask for listing fee while others is looking for project quality and liquidity.

I wish more people knew how shady things are behind the scenes of exchanges. I think many people think you just fill in a form and then like magic you get listed. Even in this thread I know for a fact that some of the exchanges mentioned as good and even in that linked thread about Crypto Exchange comparison the information is wildly inaccurate. It's nothing like that anymore, huge listing fees and crazy terms and conditions in the contracts are the norm and while exchanges may say publicly "free listing" I can assure in many cases that is not the case as there is nearly always a catch. Some examples of these catches would include taking out an expensive "Marketing Package" and using their own expensive "Legal Services".

Other things that many people don't know are that many exchanges have "Volume Targets" which they set for you. They take a deposit of a large amount of BTC and set you a large daily volume target to hit, if you don't hit that volume for 2 consecutive days then they take that BTC deposit you gave them as compensation. This essentially promotes wash trading and fake volume on exchanges as projects have to fill the gap if volume drops below. Another thing is having to use their "Market Making" facilities which usually means supplying them with a large % of your supply and essentially allowing them to control the price or depositing upwards of $1M into their MM account.

As an example of what a listing can cost here is what it is for a well renowned mid tier exchange. Listing fee 35BTC, additional 35BTC "deposit" that they hold, mandatory marketing package the cheapest of which is $30k, daily volume target of $200k. If you go below the daily volume target goodbye 35BTC deposit.

I think since the ICO boom exchanges got extremely greedy as they were able to get away with charging these fees as many projects did have those stupid amounts of cash raised to pay these fees. That has left projects trying to do things properly at a huge disadvantage as essentially the entire market is rigged as pay to play now. The new thing is IEO in which again exchanges want a huge % of the supply and can control it's price again.

Charging these huge fees and other practices exchanges now employee as the norm are not to "protect investors" like they claim it's just greed pure and simple and they are basically encouraging projects to do shady things to raise the money to pay these outrageous fees. Projects are no longer listed based on the merit of their project but based on how deep their pockets are.

I mean look at the CMC exchange rankings right now, who are all these exchanges in the top 20? Haven't heard of barely any of them, who is using them? Check their order books and see how thin they are yet they are supposedly doing over $1B in volume. The top "adjusted" exchange right now is FatBTC and their top trading pair is ETH/USDT which is apparently doing $300M daily volume yet of you look at the orderbook selling 1 ETH would drop the price by 20%, it's ridiculous.

Probably he do had that kind of budget in terms of usd yet exchangers wont easily nor accept tokens as a payment for listing fee.
For this budget its already sufficient but be sure these funds would be worthily be given to a worthy big exchangers.It had been mentioned
earlier on page 1 on to those exchangers which does and doesnt accept listing fees but rather they do seek on quality and potential of a project
which is already enough.

actually you can see this thread Crypto exchanges comparison [trade fee + listing fee + age + mobile app + more!] (https://bitcointalk.org/index.php?topic=5079048.0)
using that thread as a reference then you can contact the exchange for listing your coins there

poloniex is cheaper for new coin listings there.
https://support.poloniex.circle.com/hc/en-us/articles/360029129472-How-to-get-a-coin-listed-on-Poloniex
Or bittrex
https://bittrex.zendesk.com/hc/en-us/articles/360000475411-How-do-I-submit-a-token-to-Bittrex-for-listing-