Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Percise on August 23, 2014, 03:25:56 PM



Title: Trading Exchanges
Post by: Percise on August 23, 2014, 03:25:56 PM
How many exchanges should a coin be on?
I've seen many coins get taken off exchanges, cause they have low trading volumes. If the coins had stayed on one or two exchanges, maybe there volume would be better. I just wanted to see everyone's opinion, on this subject.


Title: Re: Trading Exchanges
Post by: amacar on August 23, 2014, 03:42:52 PM
Depends on demand. If coin is new one or two exchanges in enough. But if coin is well known (ltc,doge,drk ...) and everybody is trading with it then it should be on all exchanges or people will start using other exchange.


Title: Re: Trading Exchanges
Post by: efreeti on August 23, 2014, 03:59:36 PM
How many exchanges should a coin be on?
I've seen many coins get taken off exchanges, cause they have low trading volumes. If the coins had stayed on one or two exchanges, maybe there volume would be better. I just wanted to see everyone's opinion, on this subject.

More exchanges are good for competition and redundancy.

Fee will be lower on competition and if one exchange goes down, there will be other to take over.


Title: Re: Trading Exchanges
Post by: simon28 on August 23, 2014, 04:08:27 PM
How many exchanges should a coin be on?
I've seen many coins get taken off exchanges, cause they have low trading volumes. If the coins had stayed on one or two exchanges, maybe there volume would be better. I just wanted to see everyone's opinion, on this subject.

More exchanges are good for competition and redundancy.

Fee will be lower on competition and if one exchange goes down, there will be other to take over.

As many as possible in case it gets delisted from one exchange..


Title: Re: Trading Exchanges
Post by: Dr. Coin on August 23, 2014, 04:11:21 PM
Especially for IPO based coins, it is best not to dilute the name through going on multiple exchanges. Two major exchanges is ideal because you are targeting two major groups of people. Three may be acceptable, but certainly over three is too much because you are niching too many people. All in all, it is definitely situational.

Dr. Coin
https://twitter.com/DrCoinMD


Title: Re: Trading Exchanges
Post by: jukka on August 23, 2014, 04:44:40 PM
I think that 3 from the biggest exchanges is the most optimum.


Title: Re: Trading Exchanges
Post by: On1X on August 23, 2014, 06:11:53 PM
How many exchanges should a coin be on?
I've seen many coins get taken off exchanges, cause they have low trading volumes. If the coins had stayed on one or two exchanges, maybe there volume would be better. I just wanted to see everyone's opinion, on this subject.
Maximum 3 in my opinion.


Title: Re: Trading Exchanges
Post by: 50cent_rapper on August 23, 2014, 07:31:33 PM
Bitcoin is on 7 and more exchanges, so I vote 7+.


Title: Re: Trading Exchanges
Post by: niktitan132 on August 23, 2014, 07:35:46 PM
If the coin is very new it should be on 2-3 exchanges later when it gets popular like darkcoin more than 7 exchanges.


Title: Re: Trading Exchanges
Post by: jukka on August 24, 2014, 07:41:58 AM
If the coin is very new it should be on 2-3 exchanges later when it gets popular like darkcoin more than 7 exchanges.

I agree, i was thinking a new coin, when i voted 3.


Title: Re: Trading Exchanges
Post by: Percise on September 08, 2014, 07:30:19 AM
So far it looks like 2-3 is good.


Title: Re: Trading Exchanges
Post by: asdlolciterquit on September 08, 2014, 08:21:47 AM
i've voted 2.

more important of the number of the exchange is the volume...


Title: Re: Trading Exchanges
Post by: Karn on September 08, 2014, 08:27:07 AM
I voted for 3, seems like a good mid ground for most coin's


Title: Re: Trading Exchanges
Post by: Dexter44 on September 08, 2014, 08:45:32 PM
The more is the better, if there is liquidity.


Title: Re: Trading Exchanges
Post by: onezerobit on September 08, 2014, 11:36:44 PM
I agree with Dexter44 ^^^....the more exchanges offering the CCY, the more it will be noticed, the more it is being noticed, the better it is for the currency and the volume....like a domino effect.


Title: Re: Trading Exchanges
Post by: d-trix on September 09, 2014, 12:40:11 AM
It all depends on the popularity of the coin, why bother listing a coin on multiple exchanges if it can't get a decent volume on 1 or 2 exchanges. In my opinion 3 to 4 major exchanges would be enough to a very popular coin.


Title: Re: Trading Exchanges
Post by: big ears on September 09, 2014, 12:42:23 AM
It all depends on the popularity of the coin, why bother listing a coin on multiple exchanges if it can't get a decent volume on 1 or 2 exchanges. In my opinion 3 to 4 major exchanges would be enough to a very popular coin.

An extremely popular coin could probably get away with being listed on only two exchanges.



Title: Re: Trading Exchanges
Post by: torpedo on September 09, 2014, 12:56:05 AM
If the coin have a really low trading volume: 1
if it's around 5-6 BTC/day : 3
higher than 10 btc/day : as much as you want

as long as there's volume, the number of exchanges it's on doesn't matter.


Title: Re: Trading Exchanges
Post by: Percise on September 21, 2014, 10:56:19 PM
Ok I think three exchanges is a good start


Title: Re: Trading Exchanges
Post by: Percise on April 05, 2015, 03:54:31 AM
bump


Title: Re: Trading Exchanges
Post by: iGotSpots on April 05, 2015, 04:15:19 AM
Depends on the volume