Why token pay for listing of exchangers

[Windmoney@1]

Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem  for it to be listed on Exchange...
Why exchangers charge millions of dollars to get a token listed on their exchange?

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[Awesomus Maximus]

In an ideal world it would not be necessary. But we don't live in an ideal world. The exchanges want to make more money. But there are positive examples too. Some exchanges won't list a crypto even if payed a lot of money. For example Binance's CEO said,

We don't list shitcoins even if they pay 400 or 4,000 BTC. ETH/NEO/XRP/EOS/XMR/LTC/more listed with no fee. Question is not “how much does Binance charge to list?” but “is my coin good enough?”  It’s not the fee, it's your project!  Focus on your own project!
https://twitter.com/cz_binance/status/1028190371719786496?lang=en

One more thing worth to mention. If the cryptocurrency had a fair start, if there were no premine, no developers fee, how would it pay, who would pay? Say bitcoin was not listed on some exchange, who would pay the listing fee?

[Windmoney@1]

Necessary verification would have be a better  idea than to charge huge amont of money....truly some coin doesn't whot to be listed on exchange

Imagine a coin or token with no mission, vision and no problem solved,no road map, no white paper.. Then such token or coin won't have good impact.....
 Strict  verification would have been a better ideas

[OluwaTosin10]

In an ideal world it would not be necessary. But we don't live in an ideal world. The exchanges want to make more money. But there are positive examples too. Some exchanges won't list a crypto even if payed a lot of money. For example Binance's CEO said,

We don't list shitcoins even if they pay 400 or 4,000 BTC. ETH/NEO/XRP/EOS/XMR/LTC/more listed with no fee. Question is not “how much does Binance charge to list?” but “is my coin good enough?”  It’s not the fee, it's your project!  Focus on your own project!
https://twitter.com/cz_binance/status/1028190371719786496?lang=en

One more thing worth to mention. If the cryptocurrency had a fair start, if there were no premine, no developers fee, how would it pay, who would pay? Say bitcoin was not listed on some exchange, who would pay the listing fee?

This explains it all
Project with purpose and good motives with a proper roadmap bringing solution to the masses would be lesser fees
Funny enough is nuance and bittrex rarely list fake projects
That’s their uniqueness and a reason why hodlers always ask “when binance, when moon” in telegram groups

[Red-Apple]

you need to spend money to make money

what happens is that ICO scammers create a shitty token with no use. they have it to dump and in order to be able to dump they need some other idiots in the market who are buying that useless token. and for that there needs to be a market.
an exchange can provide that market but since the token is useless, the only way they are going to provide this service is if they are paid to.

so eventually exchanges start asking for money to list anything.

[CodyAlfaridzi]

Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem  for it to be listed on Exchange...
Why exchangers charge millions of dollars to get a token listed on their exchange?

Because there are demands from coin developers to get their coins listed on a decent exchange. Why does coin dev/community want their coin to get listed on an exchange? There are a lot of reasons. The main reason though is because devs or community wants to start involving "real money" in their project. They mostly either want to cash out or manipulate the price.

Note that decent coins usually don't need to pay anything to get listed. The sheer amount of interest to the coin usually enough to drives exchange to list it.

[Ferki]

And some of new exchanges don´t have extra trading fees.They must take money/tokens/coins from new projects/ICO´s becouse  it´s almost only way to  get paid.

[tuthienloc92bk]

Well, choose bitcoin as example.

https://coinmarketcap.com/currencies/bitcoin/#markets

Look at Volume (24h) on BitForex and what do you see? $3.327.401.320, it mean 0.05% [1] of it will be got by the exchanger. (~$1.6 million per day).

If they list a potential coin on their exchange, they will earn thousands to millions dollar per day. So, is it worth?

[1] https://support.bitforex.com/hc/en-us/articles/360006824872-Trading-Fees

[Windmoney@1]

Truly knowledge is power... Listing of a token or coin in a big exchangers is truly needful so as to increase daily volume of the token or coin...

[Adeforever]

It is necessary they charge then because it is much as paying broker a brokerage. Their work is more or less agent. Also If they did not charge anything those scam coin will just list there token and run away without monitoring. You know before a coin or token is listed they will be the one to scrutinize it and ensure it is a genuine token.

[Sone11]

In an ideal world it would not be necessary. But we don't live in an ideal world. The exchanges want to make more money. But there are positive examples too. Some exchanges won't list a crypto even if payed a lot of money. For example Binance's CEO said,

We don't list shitcoins even if they pay 400 or 4,000 BTC. ETH/NEO/XRP/EOS/XMR/LTC/more listed with no fee. Question is not “how much does Binance charge to list?” but “is my coin good enough?”  It’s not the fee, it's your project!  Focus on your own project!
https://twitter.com/cz_binance/status/1028190371719786496?lang=en

One more thing worth to mention. If the cryptocurrency had a fair start, if there were no premine, no developers fee, how would it pay, who would pay? Say bitcoin was not listed on some exchange, who would pay the listing fee?

One thing not clear to me about the CEO statement and the fee model, if they find that the crypto is a legit project, should they charge for free for "ALL". I wonder what's the criteria since not all good projects are charged for free. If they know that the project does not have much, so they would go for community voting for all of them?

[StephenieDuong]

Sometimes scam ico or fake ico will try to list on exchange to turn their non-value coins into money. So they have to invest list-coin-fee for this purpose. I think those coins trying to do this is danger and investors should avoid these coins.

[passwordnow]

Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem  for it to be listed on Exchange...

Its about business. Token developers need to expose their coins to a larger exchange to get more volume, they also hold that token wherein they can sell if the price increases.

Why exchangers charge millions of dollars to get a token listed on their exchange?

Volume.

[nascasto]

They have plenty of their own tokens in their hands. A small amount for them to pay for the evaluation of the current token

[ralle14]

Necessary verification would have be a better  idea than to charge huge amont of money....truly some coin doesn't whot to be listed on exchange

Imagine a coin or token with no mission, vision and no problem solved,no road map, no white paper.. Then such token or coin won't have good impact.....
 Strict  verification would have been a better ideas

I know coinbase have a strict set of rules when it comes to adding new alts. Unfortunately, not all crypto exchange have the same rules and requirements for altcoin listing because others are greedy all they care about is the money. Aren't all altcoins supposed to have there own road map, whitepaper, etc yet most of them end up failing.  

Truly knowledge is power... Listing of a token or coin in a big exchangers is truly needful so as to increase daily volume of the token or coin...

When a token gets added on a big exchange it doesn't always mean that it's good for the token if it can't maintain a high volume it can get delisted.

[anjohyx]

most of the exchange have their rules for news coin listing, top exchange require high fees for listing new coins,  if not a lot of scam coin will appear in exchange, but I saw that most of the project don't want to pay the fees to listed on high trading volume exchange , even project raised a lot of fund from ICO, I've no idea why like that

[Awesomus Maximus]

This explains it all
Project with purpose and good motives with a proper roadmap bringing solution to the masses would be lesser fees

Actually I would say if the token is genuine and comes with totally fair distribution of tokens, no fees at all. But if the scam-token-developers shamelessly keep 20 percent of tokens or more for themselves, I have nothing against them being ripped off by the exchange listing fees.

[BitNaija]

The exchange have spent money to build the exchange, also spent money to build credibility and a huge follower-ship so they need to recoup their cost. Also, they have staff to pay and other bills to settle. All of these cost are offset from the proceeds of registration. Without that, exchange will collapse in due time.

[jajorforce]

Well, choose bitcoin as example.

https://coinmarketcap.com/currencies/bitcoin/#markets

Look at Volume (24h) on BitForex and what do you see? $3.327.401.320, it mean 0.05% [1] of it will be got by the exchanger. (~$1.6 million per day).

If they list a potential coin on their exchange, they will earn thousands to millions dollar per day. So, is it worth?

[1] https://support.bitforex.com/hc/en-us/articles/360006824872-Trading-Fees

Bitforex is a bad exchange. This exchange I use is not smooth, and fake volume. They use the bot to push the volume 24h up, and become one of the top 10 exchanges. Personally I do not like using this exchange and do not like the token listed there.

[george_hured]

It's really a very strange question, but probably there are so many different jobs for the correct evaluation and trading of tokens in relation to other crypto-currencies, it's very strange indeed why