Shit Exchanges, an end to good projects.

[rodel caling]

A shit exchange somehow reflects the quality of the project itself. Why would a high quality project, with good partners, working products, and so on settle for the like of YoBit, for example? Exchange listing is needed as soon as there is already utility. They need that for the investors to be able to have access to their coins. However, if they are listed on shit exchanges, that means they are simply discouraging investors away.

Perfectly correct mate, why we need to patron it is we know it's worthless. No need to argue with this we ned to decide or choice exchnage wisely before put an investment. To avoid worries for the psosible loses of our money in a quick... If learn well before judge it because there have shit exchange begun to be popular and develop well.

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[The_Voice]

I do not understand why new projects place their coins on shitty exchanges. Even if they do not have the money to place their coins on normal exchanges, it is better then to use the most popular decentralized exchanges.

That's correct, decentralized exchange has a good reputation than some small centralized exchange.
Some centralized exchange are accused of wash trading that's why they have a bad reputation, but in decentralized exchange, we cannot do that, it's the real volume that we are seeing coming from a real traders.

There are only few decentralized exchange now compared to centralized exchange but let's hope with Binance DEX, it will be able to lead the DEX market to gain popularity to attract traders. Binance DEX is still new, launched this year but was able to maintain a decent volume of at least $1 million 24 hours trading volume. https://coinmarketcap.com/exchanges/binance-dex/

Before you get all gushy about Binance Dex - just know in its final state and release it isnt a true DEX  by any stretch of the imagination.
https://www.youtube.com/watch?v=JSCAelH_iuk
https://www.youtube.com/watch?v=nQjEpOr4I6U

https://cryptopotato.com/binance-and-neo-accused-by-blocknet-for-stealing-info-used-to-build-binance-dex/
https://en.cryptonomist.ch/2019/02/22/blocknet-accuses-binance-dex/
https://www.chepicap.com/en/news/7613/blocknet-reveals-evidence-binance-stole-technical-info-to-develop-dex.html
https://bitcoinexchangeguide.com/blocknet-alleges-binance-dex-contains-stolen-technical-data-from-its-blockdx-decentralized-exchange/

The main issue of a wallet to wallet real dex is the perception of liquidity.

its catch 22 with a wallet to wallet real dex - we are pretty makers in each case - most people don't do that. They want to get in and out.

So if you are not online - when I post my buy or sell I need to wait for you to come online to buy or sell in a true fully 100% decentralized dex with wallet to wallet trading

[aggress0r]

I agree with this. It's a hard for a new project to be listed on a decent exchange that's true but there are not suspicious exchanges to start from and when this happens it is a good sign for me. But when a project starts with suspicious exchanges (YoBit for example) it can be done with a purpose of wash trading or fraudulent actions IMHO.

There are still people who trust yobit, so as long as it has a great volume, I think it could also attract more traders and investors.
It's not only based on exchange as every has different experience and in an exchange, yobit could be bad for some, but there are people who are still using the exchange until now. it's already here for many years, I still remember in the past when I invested with Waves, IIRC, they are the one to list Waves but as we can see, waves still survive now because it's a legit project.

I see your point. I've traded on yobit recently but with low volume and everything went clean. I agree that all the exchanges attract traders and investors and could help to discover the project. But on the other hand - such exchanges should be a start-up phase for the better exchanges if the project is legit.

[light22man]

I understand you man, often ask myself the same question. For example, district project (3DC), has good product work hard on it every day, made reports every month how developing goin on, snf listed on crex24 with now volume, zero marketing. Why?? Only now team create marketing and brand branch

[Stargazer]

You said a very big truth. I have the same feeling, why these good projects commit suicide by listing on shit exchanges. I know a lot of good projects who are now dead because of no volume on exchanges, no investors at all. For example, I want to mention the Iconiq project, such a big project it was. Exchange price was 0.80$ after listing, but later they went through another sale to raise 2 Million USD, but the sale was disastrous! The chose GBEX exchange, which has a very few numbers of investors. So, there is no volume. ICNQ coin buyers listed on IDEX without team permission, but that IDEX helped to keep a minimal number of the volume. But now, ICNQ is a dead project, I liked its CEO very much, he was so friendly and active, but he failed miserably!

[EdvinZ]

Most coins never go to major exchanges. There are many reasons for this. For example, the reason may be that the developers of some coins were not going to fulfill their promises, but simply raised money and stopped further development of the project. Also, some teams have conflicts inside, which hinders the development of projects. In any case, no matter how attractive the project’s roadmap, you should invest in his with caution.

[JCviggen]

Most coins never go to major exchanges. There are many reasons for this. For example, the reason may be that the developers of some coins were not going to fulfill their promises, but simply raised money and stopped further development of the project. Also, some teams have conflicts inside, which hinders the development of projects. In any case, no matter how attractive the project’s roadmap, you should invest in his with caution.

and invest no more than 5 percent of your deposit. everything happens in this market very unpredictable and therefore it is better to be prepared for everything

[Samayuki]

Most coins never go to major exchanges. There are many reasons for this. For example, the reason may be that the developers of some coins were not going to fulfill their promises, but simply raised money and stopped further development of the project. Also, some teams have conflicts inside, which hinders the development of projects. In any case, no matter how attractive the project’s roadmap, you should invest in his with caution.

Might not totally be the developers or teams fault, sometimes they might be facing fund issue to list on big exchanges, its not that easy as many think it is, if you list on big exchange with over 10btc how many fund will remain for the project development? Lets stop blaming these people its not easy to be a developer

[kbhutto]

High credibility projects will not register its tokens in a weak exchange. Many of us watch shitcoin project was listed in bad exchange because the team cannot fulfill the requirements to enter a significant exchange.

[coincap200]

Sometimes the developers only have this  way to do this, to start trading as soon as possible. If the developers do not do this, they may lose a portion of their investors or lose the credibility of their coin.
The inclusion in exchange platforms even if weak gives credibility to the coins

[kawetsriyanto]

Every project would want a listing in a large exchanger but the developer team has their own strategy.

Of course, every developer has own strategy but I think it is not a good idea by listing their tokens/coins on shit exchanges. It must kill the trust of all investors and it tends to the severe decline constantly.

~snip~ to see the market reaction or also because the listing fee is too large and they are more focused on developing their products

I agree one of the reason is about the high fees for listing on big exchanges. But I doubt if they want to see the market reaction by listing on small exchanges in the early step. I think it is better to put tokens/coins on medium-top exchanges to trigger more investors or holders.

[taufik123]

In my opinion, Maybe they want to make a strategy to overcome the dump by Bounty Hunter and register at the shit exchange so that bounty hunters dispose of their tokens at a low price and then buy them at a much cheaper price. but the selection of exchange also does not have to choose a very bad exchange, choosing an exchange that has a bad reputation will actually make the coin's credibility decrease (maybe this is the reason why coins become junk). The last reason might be because the listing fee is quite expensive, but at least choose an upper or middle exchange standard so that many are interested in trading on the exchange.

[akirasendo17]

sometimes it really make a good coin vanish even if its listed in a grear exchange, the reason why is that at the start of project where in developers needs funds for it, they will make an ico or selling of the coins to public  well yes they get money and be able to list the coin to an exchange, or even shitty exchange sorry for the words,
but what makes the coin faith is decided by the holders and the creator, imagine thousands of the coin being dump in seconds , what will the other people think, its not a good project simply because a lot of the people holding it taking profit and leave the coin in dust that's really the truth no matter if its good or shitty exchange we the holders and the creator decides what will be  the faith of a token/coin

[bryant.coleman]

It is almost impossible to believe that after developing a good project which might likely succeed because of the product, some so-called developers and teams will still go ahead and list in a shit exchange all in the name of reducing the listing fund or all in the name of no fund to list in the big exchange, if you cannot afford good exchange, why not continue with the development of the project to be able to attract the right investors, why rush to a shit exchange. So many projects that could have succeeded have been buried by shit exchange, and if you care to know, you are the reason why we still have shit exchange because the owners of shit exchange knew that some daft developers and team will surely come and list their projects. Why will someone prepare a good meal and then decide to keep it in a cabinet full of cockroaches? Wake up.

The major exchanges (Binance, Huobi, OKEx.etc) have recently increased their listing fee very sharply and many of the smaller and medium-sized projects can no longer afford listing in such exchanges. That said, I don't think that the inability to list in a good exchange affects the future viability of the project. If a project is a good one, then it will survive no matter how bad the exchanges are. On the other hand, if the basics are not good then even a Binance listing is not going to help.

One thing that I would suggest to the smaller projects is to delay the listing. If they are short of funds, then they can limit the trading to DEX platforms. Once the ICO is over, they will be having enough funds to proceed with the project. Listing in any of the major exchanges is not a mandatory requirement for these types of projects.

[SistaFista]

What is better, listed on shit exchange, or not listed on any exchange ? I think it is better to postpone the listing,
so it can listed on a better exchange. Listing on exchange is very costly, it will be wiser to use the money for the development of the project and marketing to promote the project.

[vanya.pronin.1983]

It is much better to collect more money and to get listed on an exchange with real and big trading volume like Binance, Huobi or Kucoin, rather than to keep getting bad listings on exchanges outside top 10 exchanges without big user base and trading volume.

[achilles17]

what really ends a good project is the holders
they dump the coin to get profit and move on, I don't think its the exchange fault

[FanEagle]

The major exchanges (Binance, Huobi, OKEx.etc) have recently increased their listing fee very sharply and many of the smaller and medium-sized projects can no longer afford listing in such exchanges. That said, I don't think that the inability to list in a good exchange affects the future viability of the project. If a project is a good one, then it will survive no matter how bad the exchanges are. On the other hand, if the basics are not good then even a Binance listing is not going to help.

One thing that I would suggest to the smaller projects is to delay the listing. If they are short of funds, then they can limit the trading to DEX platforms. Once the ICO is over, they will be having enough funds to proceed with the project. Listing in any of the major exchanges is not a mandatory requirement for these types of projects.

I think some of these big exchanges too are beginning to take advantages of people by putting thousands of dollars to list a project that is even not going to worth it, it seems to me that they are now opportunist, having knowing what is going on in the ICO sector, and knowing that the chances of the altcoin even surviving is low, they want to quickly exploit them and make so much form them.

I don’t see what they are charging such huge amount of money for, and some stupid project and some gullible team are actually paying it, if they had all rejected the fee, by now, many of these big exchanges would have forced their listing fee now. Now, please do tell me exactly what service does the exchange offer that they collect so much money? I even learnt of recent that binance was beginning to ask for a protection fee against hacking, can you just imagine that annoying thing?

[FlamingFingers]

Sometimes it not just because a good project is trying to cut listing fee,  just to list on shitty exchanges. But as we all know that there are lots of good project that failed to reach hardcap,  this might affect their listing on proposed big exchanges,  although some projects team are greedy and just wanna list so as to get it dumped in exchange,  but not all dump for this motive

[disconnectme]

If a project is good, even if it started on a shit exchange it will find it way into medium and big exchanges. The issue with this is the impatience of investors, they want to buy a tokens today and start selling it today, just go to telegram group of these projects not yet on exchange, the talk is always when are you listing on exchanges