NeckettMarket
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September 05, 2018, 04:11:25 PM |
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Listing fee ensures that they are not to cheat people at least. As the listing site is looking into detail of every coin to before listing, that means they are giving opportunity to get listed to the best. So, their fee for listing is nothing surprising to me.
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Agaventy
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September 05, 2018, 04:27:18 PM |
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Not every coin has to pay listing fee, it varies coin to coin. Some coins are free to get listed and some are charged with huge amount. It actually depends on the popularity of the coin.
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SladderyNewS
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September 05, 2018, 04:46:18 PM |
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whenever a coin get listed, it gets some benefits also. So, if you want to get benefit by listing, why not to pay some amount to make more money?
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kingvirtus09
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September 05, 2018, 04:52:34 PM |
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If they really wanted to show the world that they have real use on blockchain then they should pay attention with most of those exchanges. Alot of people wanted to be rich by supporting their tokens. not to mention some other shitty coin had a chance to get listed on prestigious exchange and then suddenly it pump coz they have bunch of community on telegram.
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bit-freedom
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September 05, 2018, 04:58:35 PM |
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IMO, it is beneficial for coin to be listed in exchanges and the listing fee is worth paying for. It attract more users to buy its coin and improve liquidity.
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Real14Hero
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September 05, 2018, 05:04:24 PM |
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Can someone tell some good and cheap exchanges to get your coin listed onto? The exchange should have fine userbase and shouldnt charge absurd fees as binance to list the coin on the exchange.
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lofegs
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September 05, 2018, 05:05:28 PM |
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Both sides get benefit of it. And if they trust their projects and community I don't think it is necessary.
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jumiapaul
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September 05, 2018, 05:18:45 PM |
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The reason for payment of listing fee is because exchangers needs money to run and listing fee is one of the most significant source of returns for the exchange. The listing fee has been argued to be ridiculously expensive, most especially for the big exchangers and developers has to also part with significant amounts of tokens to keep up with liquidity in the exchange.
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SpyderSpyNX
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September 05, 2018, 05:44:35 PM |
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I hear that in old system the users have to pay a fee for exchangeing but in the new system many of them are not taking this fee so it is better if you analyzed the market then you will able to find the answers of your curiosity
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losiva
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September 05, 2018, 10:53:53 PM |
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Token companies pay for listing because the people that developed the exchanges spend huge amount of money to develop and maintain the exchanges, though not all coin are paid to be listed, but majority of the new coins coming into the market pay for their listing.
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X-ray
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September 05, 2018, 11:09:21 PM |
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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?
there are some exchanges who charged the team if they wanted their coin to be listed in a certain exchange, there are also some exchanges that is not necessary. The majority of exchange sites will be charged a new coin to paid some amounts to be listed on there. As far as i know that the fact that you can see many coins have already published its price about how much you need to pay to be listed on there. This has become a usual thing because exchange site needs to get more money.
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cryptodalton
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September 06, 2018, 02:36:31 AM |
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I am sorry but I don't have much idea about this topic but if you think simple then it is a fact that you have at least spend a minimum money to earn a massive amount of profits so in here things also works like that
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Drunken Lullabies
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September 06, 2018, 02:40:53 AM |
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because an exchanger will of course cost to keep running the market. And the team involved in the exchanger also need a paycheck. No wonder if it will usually be charged. As is the case in conventional banks.
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wuvdoll
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September 06, 2018, 08:00:53 AM |
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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?
For now, what most exchanges are particular about is making shit load of money and for the fact that we tend to see projects that instead of being attractive to investors and make an exchange want to list it to at least be able to get from the trading fees, they tend to charge so much for listing it in the first place. It is something we will just have to cope with since we are in a decentralized world anyway. Now, projects are so much about making money anyway and more like something related to companies, so one way or the other, this has been able to bring an avenue of exchanges using that medium to make money.
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ronafurw
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September 06, 2018, 09:42:55 AM |
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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?
You know m, this is just like in the real world… those that are still starting up got to pay for them to be listed but by the time they get popular they wouldn’t have to pay any money, rather exchanges will list them for free. Another thing is that no exchanger is ready put a shit coin on their list, so don’t even expect that… no matter how much you’re paying makes no sense at all, it’s only good coins that makes it to the list.
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Osarman
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September 10, 2018, 07:58:57 AM |
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well this has been going on for a while now even before i began my cryptocurrency journey. The method of operation is that tokens have to pay a huge amount before they get listed or the community votes for them and they get listed fo free
Understandable, but do not forget that exchanges still charge hugely on fees as well and they make shit loads of it anyway daily. However, this is a decentralized world and it is normal to see people do whatever they please and since they have been able to build a useful and valuable platform, and with respect to how competitive the space is with the number of coins and tokens hitting the market daily, I guess it is a normal thing for exchanges to require listing fees.
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kevinzxz
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September 10, 2018, 08:38:23 AM |
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because if the token does not pay for listing on exchanges there will be a lot of trash tokens that enter the exchange so that the market and crypto will not survive too long.
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clarkt
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September 10, 2018, 08:40:53 AM |
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If you are listing on a centralized exchange platform, you have to be aware that there are various cost that keep centralized exchange afloat. Exchange will pay for hosting, servers and both hardware and software expenses. This cost is covered from listing fees!
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Accepted_check
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September 10, 2018, 08:44:46 AM |
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I guess,It is required for any crypto exchanges and aside from that in that way they've earn Income from every token listed to their exchange, so their exchange will live longer as much many token wpuld like to list on their exchanges.
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ifirina
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September 10, 2018, 09:54:07 AM |
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Demand forms a proposal. There are a lot of projects that are willing to pay millions in order to list on big centralized exchanges. For most of them listing on Binance or Bittrex is the only chance to pump coin price, after what the team will be able to dump their share. Exchanges know that and therefore they have lost their shame and the greed took over them. Decentralize exchanges should fix this. And actually we can see that step by step focus is shifting from CEX to DEX
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