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There is a new coin that I am hoping to get listed on a few exchanges, I have a couple of ideas that I am hoping will work. As a new coin that is not on any exchange what are the best exchanges to get listed on first time. There will be no ICO or IEO I just want to do things differently and hope what this coin is offering something that people will be interested in.
1. What are the best places where I can get the coin listed for the first time?
2. What are the most read crypto blogs?
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There is an alternative. At Monetran, we've designed a token for use on the Stellar network which uses a novel approach to achieve stability. Instead of backing the currency with gold or other commodities which can't provide stability of price, we have backed our crypto with interest bearing financial assets, i.e. short term T-bills. Although USD backed coins can provide stability in the short run, it comes at a cost of built in monetary inflation. If held for any significant amount of time, the purchasing power of the coin will decrease. https://www.monetran.com/ Backing with T Bills is a good idea, What Form will the T Bills come in? T bills are only guaranteed in nominal amounts, and if there is inflation in the economy the return on principal becomes less than the original Investment. So calling it totally stable is not entirely being honest. |
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25k is not enough for a serious project. How have you receive this money? From an investor? Or is your money?
If it is your money for using only for marketing, I would consider investing on Instagram. Facebook is allowing more ads from blockchain projects, and Instagram is the platform with best roi for new users.
Personal Cash Not from an investor. I am totally aware that $25k is too small for a serious project. I saw the facebook news on subreddit /r/CryptoCurrency/ |
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What is the feature of your exchange that can outclassed Binance and other exchange? If you don't have any, I doubt anyone would buy your tokens. You might want to try your luck by getting funds from start-up incubators or something similar.
You need solid product first. After that you can try advertising in this forum or famous crypto site. Just don't do low effort campaign like Twitter RT and so on.
Thank you. I do not plan on competing with Binance , I'm looking to create a new market, something no one else is doing. |
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Constant content and social media updates from a professional team, Google and Twitter advertising, as well as press releases and articles. As much as you can afford, since the backend seems good, and all you need now is a good userbase (which marketing will bring in). Leave your telegram, skype or email around bitcointalk, and you'll get offers from these agencies, and make sure you pick the agency that has the experience, and is legitimate.
Thank you for the advise . I will surely follow this , the backend needs serious modification. Once I am sure what direction the project will face I will let you know. |
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None of these replies actually address the question.
You should make the exchange a secondary feature while focusing on developing a cause for people to exchange - that is the only way for you to survive.
Use the 25k to develop an MVP, seek out long term incubators and advisors.
Pay a research firm to dig into your features and use the result to create a stronger point for your exchange to exist. Focus on giving a service to the people beyond being just an exchange, because there are many 'just exchanges' out there that aren't 'making it' .. if you know what I mean.
Need more advice? My inbox's doors are open to you.
Thank you for the reply, I have an idea of what I want to do and How to set my exchange apart from the rest. |
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I have an exchange Project that I have been running for some time, The biggest problem has been Capital. I just raised $25,000, I plan on adding a special coin built for the exchange with some added features ( I intend to do an ICO for this coin).
My Biggest Problem is How can I use a $25,000.00 budget effectively and Spread it over six Months, The developers working with me on this Project are not collecting salaries and $25,000 is all we have .
What Marketing Channels will produce the best return on investment?
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U don’t have any markets started yet ?
There are five coins trading now. The pairs we have available are: BTC/ETH BTC/LTC BTC/DASH BTC/BCH ETH/BTC ETH/LTC ETH/DASH ETH/BCH LTC/BTC LTC/ETH LTC/DASH LTC/BCH BCH/BTC BCH/ETH BCH/LTC BCH/DASH DASH/BTC DASH/ETH DASH/LTC DASH/BCH You can trade these now but just keep your transactions below $1,000. |
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Today I am announcing the beta launch of a new digital coin exchange called EasyCrypto. EasyCrypto is an instant exchange where you can instantly exchange coins without signing up for an account. EasyCrypto will offer low fees on every exchange, but beyond that EasyCrypto will be a secure and reliable place to trade coins. However EasyCrypto aims to be more than just your everyday exchange where you change coins instantly. The main objective of this exchange is to offer lightening fast exchange and to reduce slippage. To achieve this a new feature called “exact” will be available in the final release. This will allow users to receive the exact fee at the time of their transaction. This project aims to create a painless exchange process with the minimum amount of problems possible. The minimum is $20 and there is no upper limit on transactions. New and unique coins or tokens are welcome to list on EasyCrypto, to get your token listed send an email to newcoins@easycrypto.info, Listing new coins or tokens will require a few requirements be met. If you have any questions about EasyCrypto, feel free to ask. Exchange is located at https://easycrypto.info |
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What you need?
Trust. People have to trust you/your company to deposit money / coins there.
Safety. You have to make sure people's money / coins are safe. Cold storage, insurance are things to think of.
Usability. Your exchange's usability has to be very good.
Coins. You have to get many coins, but each coin means wallet(s) eating up resources.
Fees. Your fees (exchange and withdrawal too) may have to be lower than the competition at least for the start, until you gain liquidity.
Liquidity. You have to invest and attract people with coins. If nobody has anything to sell/buy on the exchange, there's no reason to go there.
Quite a lot of work and money there. Much more than "having bought a script".
Hopefully people will come to trust the exchange with time and positive feedback from the first time users, I'm implementing a feedback system where people can give feedback on each trader and they can know the reliable and trusted traders. I don't have any coins I just hope people are willing to trade there. My fees will definitely be lower than other exchanges. Is this the best place to find people who can test the exchange? And what is the best way to convince people with coins to trade there? I know it will take a lot of work and I am willing to do the work. |
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I understand creating from scratch is not easy (nothing good comes easy) so I bought a script and improved it. I am hoping to create an exchange where people can exchange bitcoin with others privately with a wide variety of payment options. I will advertise to draw the initial traffic but I hope it will be good enough to keep the users coming back. I just hope I can create a service that is good enough to retain the initial users, I can send a link to your PM.
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I am creating a new bitcoin exchange where people can buy and sell bitcoin. The idea is a place where people can sell their bitcoin to other users and buy from other users.
What do you like in an exchange and what makes you choose one exchange over another?
I need advice and suggestions for things you would like to see in an exchange.
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