Bitcoin Forum

The rate at which shitcoins get listed in different platforms makes it difficult to differentiate a coin created in a good or bad faith. When this shitcoins appear, early investors will take the first sit. If the project becomes successful, they will run into massive profits, otherwise a perpetual loss.

Most times a coin might be created in a bad faith. I mean such a coin might be created to solve an immediate problem or sink people's money. Immediately it is listed and promoted it will begin to make wave and hence become attractive to the innocent investors.

I am therefore of the opinion that the processes of listing Cryptocurrencies should be as strict as that of security shares, with reliable regulations. This will not only boost the confidence of investors, it will also ensure the longevity of the coins when listed.

This is why I am really bullish on the Polkadot ecosystem and its parachain system, I believe that only projects with serious intentions will have the necessary quantity that will allow them to develop the project on the polkadot ecosystem making it an elite.

The exchanges have different standards of listing new coins. We cannot do anything with that unless you speak to them vocally and approach them your concern as if they're going to hear you for that. But otherwise, we have to understand that they're all in for the business and such listings requires fees and requirements that they've set so if a new coin has met all of those, there's no reason for them to reject them unless they go against to their policy and it's a complete scam project.

Top exchanges have their own standards on listing new tokens, one of those requirements are paying huge fees and that’s why not all was able to land on CEX. We can see a lot of new tokens easily get listed on DEX, there’s no such restrictions as anyone can list their token, so its our job now to know if that project is legit or not, that’s part of doing your own research before you invest.

Tokens listed on DEX has usually no fees, so basically everyone can just add their own token. This is the reason why we are seeing some fake tokens in DEX. So your responsibility is to double-check the token contract address. Because some scammers will create the same name of the token, especially those popular ones but when you check the contract address, it is different. So you need to be careful with that. Trust only the official announcements. But when it comes to CEX, top exchanges are hard as they have stringent requirements as well as high fees. So for CEX, the listing is not quite easy.

And that's why there is IEO, a project that is back up by exchanges, not just exchanges but the top tier. But then again, any shitcoins can be listed though, but their target is obviously, shit exchanges as well because the fee might be low or they work it connivance with the project.

While top exchanges might requires not just fees (which I heard is from 1 BTC and up), but other information as well, specially the devs behind. Again, it is still up to know crypto investors, we should know better not to invest on shitcoins.

those dog coins don't solve any problem but then it's promoted by high-paid marketing staff. dog coins are likely owned by rich teams who can afford to pay the listing fees of binance and major exchanges. but they normally don't list shitcoins. if you mean to Uniswap then that something else because anyone could list there as long as it's ERC token, its liquidity will make it not very hard for the project. eventually, they'd die but in the case of doge, shiba and etc, they are money-making

If you meant about the dex and that's a decentralized exchange site and any shitcoin can be listed on the dex instantly but when you were only following the quality of exchange sites and then you will have found that if these exchange sites were doing so many audits to the coins that wanna be listed on the exchange.
I think that you are taking only the decentralized exchange site as a base for your opinion. Just ignore garbage or proven scam exchange sites with fake volume.

Crypto exchanges and cryptocurrency as a whole is not fully regulated. People are allowed to create a cryptocurrency and sell it to initial investors, which is a lot like unregistered IPO. Exchanges also don't have to ask regulators if they are allowed to list a coin or not. And don't forget that a lot of coins are traded against other coins, so even if there were regulations, some underground markets or even things like DeFi would easily function and allow investors to buy shitcoins.

First,  I will like to say that there is nothing like innocent investor!  Investors is usually looking for a way to make money and that take away his or her innocence. In the past,  it was difficult to get listed on exchange  ( most of them centralized)  they will ask you for outrageous fee for listing.  Now with popularity of bitcoin and more participation,  lots of people are creating exchange and lower there fee.  The turning point however for listing is emergence of Amm! To avoid bad actors,  you will have to dyor as usual and hold to success!

I agree that many coins are created in bad faith. Most of the coins I think are just created with the hope that it would gain investors and supporters despite its being shitty and would therefore create easy wealth to the developers. And they would then quickly leave the scene.

The process of listing coins depend on the exchange. To a cheap exchange such as Yobit, shitcoins could easily be listed. But to those credible exchanges such as Binance, shitcoins could hardly enter. It is not just because of the high cost but also of the project's strength and community. If some of them mange to enter a top exchange, they cannot sustain a decent volume and would still be delisted sooner or later.

Cryptocurrency is more about decentralization and with the introduction of decentralized exchanges, getting a token listed and traded are fairly easy as all it takes is a two people wanting to make the trade.
This is generally a good thing as pet projects, community projects and educational projects can easily get listed and traded. Every market is filled with scams and poor options, it's upto users to choose what suits them.

Because many DEX allow to listing tokens with less permission, like DEX of Uniswap, Pancake and others. This a bad thing for the crypto market, so that many traders/investors getting losses due to buying bad tokens. So we have to make research first about the tokens to avoid big loss. But for the CEX that has high popularity, they will listing the tokens with high standar. CEX of Binance and Huobi is high trusted exchange with high trading volume.

Exchanges have their reputation to protect but with the trend from DeFi and meme tokens, they wipe out their rules and reputation to list shit tokens. As a trader or investor, you are responsible for your decision, not exchanges. Don't blame on them if you are greed and choose shit tokens.

Big ROIs for early investors, obviously only if those projects successfully catch attention and capital from investors. Most of projects end with failures and broken promises from roadmap, whitepaper, so the longer investors stay in, the more loses they can have.

Each centralized exchanges have their own criteria before listing cryptocurrencies. Some easily list those what we called shitcoin and some well-reputated exchanges don't easily list it until it shows some real potential or use-case.


This is why people should learn to DYOR before investing in particular crypto not just because many people are hyping it. If it is a shitcoin, early buyers could dump their holdings when that token gets listed on that exchange, some newbies who don't know anything about that coin will still bought at the top because they are hyped and thinking that it will pump more because it is newly listed.


There is no specific criteria or regulation now that exist for those exchanges to follow before listing a crypto. That is why we should only trade on top exchanges where only potential coins are listed. But as I said before to always DYOR because some memecoin/shitcoin still get listed because of its popularity.

Listing is very simple because exchanges are just brokers, they work for money so they will list high-volume cryptocurrencies (even obscure projects). Large, reputable exchanges will have more complicated processes. I found Coinbase, Gemini, Kraken to be the top exchanges in the US and they have very strict regulations and only really quality projects are listed.

Listing a project on a reputed exchange is not easy peasy task, it take time and effort too but when a project is already in the hype and got enough money to be listed then no exchange will deny it from listing and it is not their job to find whether the project is good or bad in the long term, it is the job of the investors.

So if you/we don't have the knowledge about the future performance then simply avoid investing on it rather than taking risk with your money.

It's all about the exchange itself, if the exchange is popular they gonna have a lot more strict rules for their listing process more specifically the centralized exchanges but decentralized exchanges on the other hand is all about freedom, meaning they gonna allow anyone to use their platform.
But to be frank, seeing binance listing shiba also means there's possibility that a big exchange gonna loosen their strict listing process if it means attracting money so at this current time I think you're on your own making analyzation so you're not trapped and bought the shitcoins, if you're not really sure you can just stick with the strict exchange like coinbase, they are listed in nasdaq pretty sure theyre not gonna list a shitcoin that easily.

I'm absolutely against it. What do you mean by reliable regulations? do the cryptocurrencies nature of openness and transparency does not enough
?

I believe the transparency and the inclusivity nature of cryptocurrencies do provide all the information that investors needed, therefore, they will able to conduct thoughtful research. When you stated the innocent investors is the one who gets the lose, well, what can you expect in a non-zero-sum game, besides there's ignorance within human nature and yet if you can't find a piece of reliable information about the project, it is indeed the truly shitscoin.

big exchanges already do, they review each project closely. but the problem is a small exchange that is more concerned with money. they don't even judge whether the project is worth it or not, as long as the project has money for the listing fee, their coins will be listed easily on this exchange. It is very difficult to push all exchanges tighten up new project listings, because not all exchanges think about their users.

There are exchanges who actually strict on accepting new coins on their system. While other exchanges can be easily list a crypto coin, we should always check the coin's sincerity and reason for listing. The reputation of an exchange can be at risk if allowing a scam coin to be listed on their exchange. That is why, the quality, the objective should be acquire and to be look for in case choosing the right coin.

As a matter of fact most crypto exchanges don't care, there is money to be made from new projects that want to list on exchanges so telling them NO is loss of money, the only exchange that cares so much about how good a project is for the masses is binance exchange, if all crypto exchange can copy this guys at binance we will have less scam projects in crypto space

but it does not apply to DEX exchange. You can see how easy it is to make liquidity grow for a scam project and they can attract people to trade by creating airdrops. we see it in a new project on the BSC network. it is almost the same token from the ethereum blockchain traded on IDEX and Uniswap.

The regulation will make the crypto market will be even more complicated than this time. We are looking for the decentralization and the dex gave the best solution for that.
The self regulation has become the own solution for this time. IF you meant about the major exchange sites and so many major exchange sites have been following the regulations for the listing requirements.
The shit scam exchange site will never do that as the purpose of them exist in the market to scam people.

One of the reasons why we trust exchanges such as Binance is that they have a very strict screening mechanism. Even if the promoters are willing to pay the listing fee (which can be up to $3 million for Binance), if the coin fails the requirements then exchanges such as Binance would refuse to list it in their platform. But the same can't be said about the smaller exchanges. The screening mechanism is not very strict in exchanges such as Livecoin and Yobit. But in the end, it is up to the user to decide whether they want to invest in such coins or not.

There's reason why coins that aren't officially recognized by the DEX don't have their logo shown like bruh it's obvious that the coin itself listed by some individual and I think that's enough gesture for peolpe NOT to buy the coins.

it's not like BINANCE is all pure and uncorrupted anyway, plenty of shitcoins have made its way to binance, it's the people that need to get educated about what to buy and what not to buy, you can't depend on a company that runs for profit
and with dex peolpe should know that any individual could list any contract they want so people getting more aware, effective way is to show this notice in the dex.

Market is business if you have the money you will be able to list your shitcoins anywhere that's why it's the responsibility of the trader or investor on where he will trade or on which coin he will going to invest that's why it's important to know the background of the project not just rely on the graphs itself.

Still there are some exchange site which only listed reputable coins just like coinbase.com even if you have a lot of money it would be really hard to be listed here. Also I think some exchange even Binance have some requirements needed in order to be listed once they meet the requirements I think they would be listed on that particular exchange.

Is it that easy to list coins on exchanges or you are just mixing things up? The easiest way out won't even favour the project because no scam project will land on binance exchange without proper investigation, scammers and pump and dump projects only have one option left and that's Dex and low rated exchanges like p2pb2b exchange

Pros and cons, everyone. And we're free to choose, so I don't see why there shouldn't be both options.

If you want to feel safer (note feel, not actually are;)) then go for listed coins at regulated exchanges. Mind you many exchanges don't really do due diligence, it's so basic most of our DYOR would be 10 x better.

If you want complete freedom go open liquidity pools on Uniswap.

You are absolutely right in these ideas. We have seen many cases of fraud with methods like this before. Although many people are currently earning money with these methods, this will not always be the case. Especially investors who are new to the market should listen carefully to these warnings.

Such a simple listing procedure is only possible on decentralized exchanges, where anyone can add a contract address and start trading. On centralized exchanges, the listing process is much more complicated and it is usually paid. It will be possible to prohibit such a simple procedure for listing on DEX only if they become centralized.

Listing of cryptocurrencies in different exchanges are purely business. If the project met all the necessary requirements including the listing fees, then, there's no reason for the exchange to decline or reject them. Also every exchanges has their own standard and policies to agree with. It depends on the exchange if how they will check a token that wants to list them. Other top exchange are very careful about listing.

I think there is a clear difference between shares and cryptocurrencies. The shares are centralized and regulated by a singls authority. For example, the London Stock Exchange is a centralized body regulating stocks and shares in London. They already have criteria know to everyone or which everyone understand. Even before they start their company. But in the world of cryptocurrencies, the whole system is decentralized. So, every platform listing coins are independent and have the freedom or willingness to set their own criteria. It is their business. You wil not tell them how yo run it. The best thing is to do research before you invest.