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Author Topic: Is there any benefit of listing tokens on a large exchange?  (Read 264 times)
markiz73 (OP)
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September 12, 2018, 09:00:50 PM
 #1

Many ICO save money and make a listing of tokens unpopular or decentralized exchanges.
And what if you spend money and make a listing on a major exchange? Pump, you tell me. But no Grin

Puma Pay has collected investments of 117,019,041 dollars. 
This is not advertising, ICO has already ended.

PumaPay enables payment methods common to daily life on the blockchain, which have so far been impossible with the technology behind  cryptocurrencies.
By bringing the flexibility of payment cards to the blockchain, PumaPay is the go-to solution for merchants worldwide.
Information taken from the official site( https://pumapay.io  )


Now the most interesting
Puma Pay made a a listing of tokens on the decentralized IDEX exchange.
The token was traded in the range of 0.000009-0.000012
https://idex.market/eth/pma


On August 8, a token was listed on https://hitbtc.com/PMA-to-ETH



hitbtc   pump x2, x5, x10.... to the moon Cheesy   

No...

On the first day of trading, the price fell 2,6 times and did not rise much.

Poor investors ..
Puma Pay is not a scam.

Draw conclusions yourself.
oneidentity
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September 13, 2018, 03:46:33 AM
 #2

I think that the drop in prices is not due to the listing of a new large stock exchange, but to a general decline in the market. All coins sank in price by 90% and this coin is no exception. And in general large exchanges are certainly good. These are large volumes of trades and various tools that facilitate the life of a trader.
bhadz
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September 13, 2018, 05:28:31 AM
 #3

I thought this thread is going to be a discussion about listing fees and big or small exchanges. But though you mentioned that you are not advertising this Pumapay, for sure you are holding it right? Idex is one of the most popular decentralized exchange so by being there you'll there thousands of active daily traders. Listing on a big exchange will surely give a coin the popularity and spread for that coin.

Awesomus Maximus
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September 13, 2018, 06:06:42 AM
 #4

hitbtc   pump x2, x5, x10.... to the moon Cheesy   

No...

On the first day of trading, the price fell 2,6 times and did not rise much.

Poor investors ..
Puma Pay is not a scam.

Draw conclusions yourself.


Usually when a coin hits a big exchange the price goes up, not down. But in your case one possible conclusion would be that people who were investing during the iCO phase are now dumping their coins which can drive the price down. That and the market decline.
markiz73 (OP)
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September 13, 2018, 06:14:47 AM
 #5

I thought this thread is going to be a discussion about listing fees and big or small exchanges. But though you mentioned that you are not advertising this Pumapay, for sure you are holding it right? Idex is one of the most popular decentralized exchange so by being there you'll there thousands of active daily traders. Listing on a big exchange will surely give a coin the popularity and spread for that coin.
I do not have PMA tokens. I have long been not interested in ICO and do not advise anyone to invest there.
The PMA tokens from the very beginning traded cheaper than their price for the ICO.
This is a project that raised more than $ 100 million. Most other projects do not survive to listing on the exchange.
And other projects in the early days are very much falling in price.
Now the token is traded on 3 exchanges, but there is no result.
pedangrusak
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September 13, 2018, 06:30:25 AM
 #6

a large exchange will give a big impact on the price and confidence of the crypto community. I often give opinions on forums when the ICO is made as much as possible as well as include the listing costs in a large exchange even though it is expensive, but investors, traders and many crypto players reside in large exchanges and they only believe when tokens or coins have entered
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September 13, 2018, 10:15:12 AM
 #7

This is very good question on a large exchange I think there would be benefit from it because some investors,buyers will have confidence to participate in that businesses than Small so to listing on large exchange will  brings great benefit
aggress0r
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September 13, 2018, 12:07:36 PM
 #8

I suppose each listings provokes a huge dump also because of the following reason:
Investors / bountyhunters are waiting for their favorite exchange and than sell the coin. Since they usually have some kind of deposit it is very convenient.
sell my ac_________nt
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September 13, 2018, 12:16:23 PM
 #9

In my opinion, this is a typical situation when the price of a token falls after entering a centralized exchange. There are rumors that the exchange for listing get a huge number of coins and then sell them at any price and that is why the coin rate drops.
markiz73 (OP)
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September 13, 2018, 03:37:09 PM
 #10

In my opinion, this is a typical situation when the price of a token falls after entering a centralized exchange. There are rumors that the exchange for listing get a huge number of coins and then sell them at any price and that is why the coin rate drops.
The exchange receives part of the money in bitcoins and part of it in tokens. It is not profitable for an exchange to sell promising tokens immediately.
It is more profitable to wait for the pamp and sell several times more expensive.
Perhaps there are other reasons for this situation.
AAlex48
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September 13, 2018, 03:56:26 PM
 #11

Many ICO save money and make a listing of tokens unpopular or decentralized exchanges.
And what if you spend money and make a listing on a major exchange? Pump, you tell me. But no Grin

Puma Pay has collected investments of 117,019,041 dollars. 
This is not advertising, ICO has already ended.

PumaPay enables payment methods common to daily life on the blockchain, which have so far been impossible with the technology behind  cryptocurrencies.
By bringing the flexibility of payment cards to the blockchain, PumaPay is the go-to solution for merchants worldwide.
Information taken from the official site( https://pumapay.io  )


Now the most interesting
Puma Pay made a a listing of tokens on the decentralized IDEX exchange.
The token was traded in the range of 0.000009-0.000012
https://idex.market/eth/pma


On August 8, a token was listed on https://hitbtc.com/PMA-to-ETH



hitbtc   pump x2, x5, x10.... to the moon Cheesy   

No...

On the first day of trading, the price fell 2,6 times and did not rise much.

Poor investors ..
Puma Pay is not a scam.

Draw conclusions yourself.


The  exchange does not always decide.I had cases of falling when investors' expectations were not met.The project promised a major exchange.Exchange was the top 100.The result is a drop in prices.
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September 13, 2018, 04:06:54 PM
 #12

Of course, reputable exchange sites are always full of elements for the development of the value of the token and the popularity is also faster. Trading volume and traders are also essential. However, it is completely unlimited to be pumped and dumped.
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September 13, 2018, 05:08:35 PM
 #13

In my opinion, this is a typical situation when the price of a token falls after entering a centralized exchange. There are rumors that the exchange for listing get a huge number of coins and then sell them at any price and that is why the coin rate drops.
Very interesting version and it's likely you are right. Never thought about it  Undecided
Rhosadah
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September 13, 2018, 08:00:58 PM
 #14

not all tokens can raise the price in the market even though it's a big market,
You should pay attention to the road map of their project in San A there will be signs of price increases if their roadmap has reached the Q2-Q3.
so be patient and now all tokens have decreased prices .
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September 13, 2018, 08:28:20 PM
 #15

I thought this thread is going to be a discussion about listing fees and big or small exchanges. But though you mentioned that you are not advertising this Pumapay, for sure you are holding it right? Idex is one of the most popular decentralized exchange so by being there you'll there thousands of active daily traders. Listing on a big exchange will surely give a coin the popularity and spread for that coin.
When we do talk about big or popular exchange if we do really think deeply I don't really see why small exchange wont able to reach up a token price compared on having it on bigger ones.This do always add up with the popularity and a mix of hype that's why there are sudden effects if a coin is being listed newly on an exchange.Common for people on asking on devs on when it would be listed on other higher exchange since its already been part of our mentality about price increase.

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Jamota459
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September 14, 2018, 05:58:22 AM
 #16

Listing in big exchanges is the best flour for big whales to dwell in. Dumpers wouldn't wait for any miracle to happen in some months they drop there token. And the market will move swiftly
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September 14, 2018, 09:18:01 AM
 #17

People expect a pump after a coin is listed on an exchange. In fact, there even is a bot to inform you when a new coin is listed: https://bitcointalk.org/index.php?topic=2966800.0

But people don't realize that it often starts with a big dump! I asked the creator of the bot to explain why he thinks this strategy is good but I didn't get the answer:

And we all know what happens to new currencies on the market.

I guess the strategy here is to buy a coin the very first minute it is added to an exchange hoping that it will pump during the first minutes. So I analyzed some of the alerts of the bot (from February 21st) and found that:

### The following coins started with a PUMP ###
https://www.huobi.pro/blz_btc/exchange/
https://www.huobi.pro/edu_btc/exchange/
https://hitbtc.com/CTE-to-BTC
https://hitbtc.com/CHP-to-ETH

### But the following coins started with a DUMP ###
https://c-cex.com/?p=sfi-btc
https://hitbtc.com/HAND-to-ETH
https://hitbtc.com/ACO-to-ETH
https://hitbtc.com/UTNP-to-ETH
https://c-cex.com/?p=aurs-usd
https://www.bibox.com/exchange?coinPair=UUU_BTC

So this strategy might not be a good idea after all. I only checked the pairs I could see without registering though (I don't want to register to an exchange just to check a pair history). Also this strategy might work only when a pair is added to a "big" exchange. @OP, can you explain a little more for which strategy your bot can help?


1 BTC = 1 BTC
bhadz
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September 14, 2018, 09:36:44 AM
 #18

I thought this thread is going to be a discussion about listing fees and big or small exchanges. But though you mentioned that you are not advertising this Pumapay, for sure you are holding it right? Idex is one of the most popular decentralized exchange so by being there you'll there thousands of active daily traders. Listing on a big exchange will surely give a coin the popularity and spread for that coin.
When we do talk about big or popular exchange if we do really think deeply I don't really see why small exchange wont able to reach up a token price compared on having it on bigger ones.This do always add up with the popularity and a mix of hype that's why there are sudden effects if a coin is being listed newly on an exchange.Common for people on asking on devs on when it would be listed on other higher exchange since its already been part of our mentality about price increase.
It's a sure ball about the mentality. Holders are asking when it will be listing to an exchange and once its there, we are expecting for a rise.

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September 14, 2018, 09:38:42 AM
 #19

Listing an average performance token in a reputable exchange helps it to grow faster. Big exchanges are where the whales visit always and that will expose the tokens to huge buys because hodlers will dump certainly. It will increase the trade for the token easily.
markiz73 (OP)
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September 14, 2018, 10:56:10 AM
 #20

If the price of the coin sinks to the bottom, then its price is very difficult to pump.
This will require large financial investments. Perhaps the organizers of the ICO missed important points.
 But such surprises seriously undermine the credibility of investors
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