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Author Topic: why listing on kucoin is worst idea  (Read 437 times)
ch_mubarak (OP)
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July 10, 2018, 06:09:09 PM
 #1

listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever  a coin is listed on kucoin no matter what it get dumped. any one thinking same?   
niteroy
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July 10, 2018, 07:38:27 PM
 #2

Yes, there is such a problem, but many exchanges do this, not just Kucoin. For example, on the Yobit exchange there is a lot of information and how its owners listing shitcoins and are engaged in their pump and dump, earning on their users. Perhaps we should choose exchanges that accept payment for listing in ETH, BTC and then there is a possibility that there will be no such problems with manipulating the price and dropping all the coins of the exchange received for listing?
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July 10, 2018, 07:46:50 PM
 #3

listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever  a coin is listed on kucoin no matter what it get dumped. any one thinking same?   
Before when Kucoin isn't so popular it is lower but when it managed to get more users and traders and gathered  a lot of traffic, they are increasing the listing fee. This same goes for the other exchanges.
No one will sponsor a coin to get listed because they are an avid fan or holder of it and of course that's the job of the coin management itself.

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wattcrypto
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July 10, 2018, 07:47:25 PM
 #4

I don't see this problem with kucoin as much. We should be worrying about the big exchanges like binance.

Thoughts on stablecoins like havven for exchanges??
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July 10, 2018, 08:09:19 PM
 #5

I do not think this is correct, you cannot single out kucoin here as well, it is just the bear market that is causing the dumps, just check all the ico tokens that were trading on idex in last few months, all are trading like 50-80% below ico prices, so dump has nothing to do with any specific exchange it is due to low volume and interest in market at the moment, i hope volume will be back soon and we will cross 1000 B market cap this year.

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Kruncha
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July 10, 2018, 08:27:24 PM
 #6

Because there is a stock exchange traditionally with sellers. But kucoin has many opportunity projects.
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July 10, 2018, 09:30:53 PM
 #7

As far as I know, the amount for the listing is paid in Bitcoin or Ethereum and therefore your theory will remain just a theory. Now the bear market and that is why the coins that go to the stock exchange are falling.
disconnectme
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July 10, 2018, 09:56:59 PM
 #8

What you are saying makes no sense, I don't know how much team pay to get listed on Kucoin now, but there are several reasons why I token dumps. I know of Wepower and Storm tokens both listed on Binance with higher exchange listing fee and both are low very downin price. Gochain trade only on Kucoin and has done well for ICO investors. Stop spreading wrong assumptions


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ashmodeus
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July 11, 2018, 10:26:33 AM
 #9

listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever  a coin is listed on kucoin no matter what it get dumped. any one thinking same?   

not for all i think
actually the real problem is came from the holder,
if the token already got the market, why they sell it quickly.
so , my opinion , the mistake not came from the market.

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Slimztee
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July 11, 2018, 10:53:04 AM
 #10

listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever  a coin is listed on kucoin no matter what it get dumped. any one thinking same?   

For odd reasons listing coins on Kucoin hasn't always panned out well for most projects that I know of. Coins get dumped there even when the community have the impression that it'll do well. I don't like them and don't trade with them as I consider them a grave dug for coins listed
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July 11, 2018, 10:59:38 AM
 #11

Or it's just due to a poor market and ICO holders wanting to take profit.
In this market profit expectations reduce, I'm very happy making 10-30% in this market
renes
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July 11, 2018, 11:22:07 AM
 #12

No coin certainly pay such amount of money to be listef on exchanges even for coinbase that is nonsense. They also probably pay with ethereum they raise.
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July 11, 2018, 12:20:16 PM
 #13

listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever  a coin is listed on kucoin no matter what it get dumped. any one thinking same?  
Before when Kucoin isn't so popular it is lower but when it managed to get more users and traders and gathered  a lot of traffic, they are increasing the listing fee. This same goes for the other exchanges.
No one will sponsor a coin to get listed because they are an avid fan or holder of it and of course that's the job of the coin management itself.
i do agree with this. On the first time when Kucoin appear, the coin that listed most of them have a good price and likely going up even though there are many bots trade there (it might because the market were on good conditions before) .

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July 11, 2018, 01:46:44 PM
 #14

Yes that’s a huge problem with exchanges they Just dump all the coins that they charged for listing  , there should be better alternatives for listing coin where they don’t have to pay that much to mafia , because  that’s whats exchange owners are mobster they are the ones that should Ben getting controlled by governments not crypto

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July 11, 2018, 01:54:50 PM
 #15

This principle of work is not limited to Kukoin. I think this exchange can be called a good option for starting the listing.
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July 11, 2018, 01:59:14 PM
 #16

Not all exchanges are like this? But KUcoin's reputation is really not very good.
Ng93
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July 11, 2018, 02:09:08 PM
 #17

This is not the only exchange that provides a listing of coins, for coins or bitcoins. Did you really think it would be all free? I am sure that all exchanges that exist they offer similar services with payment for bitcoin or Ethereum. For example, I heard that binance is asking for 5 BTC listing
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July 11, 2018, 02:11:01 PM
 #18

Not all exchanges are like this? But KUcoin's reputation is really not very good.

What's wrong with KuCoin? It's one of my favourite exchanges, if it had more volume it would be #1 for me.
Love the interface, has unique coins, most of the Binance pump coins start on KuCoin.

In time it'll be one of the better exchanges I think.
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July 11, 2018, 02:53:48 PM
 #19

listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever  a coin is listed on kucoin no matter what it get dumped. any one thinking same?   

I guess its survival of the fittest. Other exchanges will come along and offer much cheaper listing fees and in return they will gain much more popularity and users.

I think kucoin is tired of devs listing shitcoin pump and dumps so they only want serious coins now.
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July 11, 2018, 03:06:03 PM
 #20

listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever  a coin is listed on kucoin no matter what it get dumped. any one thinking same?   
This is a possibility, but in fact, the devs team or a member of the statistics and analytics team will make specific points about the process of listing the token code. yes, that can happen. It is also a normal move and has its own rules and regulations. I'm sure Kucoin is a lot better than Bancor, Idex, Hitbtc ...
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