Shit Exchanges, an end to good projects.

[efxtrader]

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.

Actually there are many projects that do not do tokensale and can be listed on large exchangers. RavenCoin, for example, does not process the sale of coins but can register on Binance. In my opinion, a listing at a large exchanger can be done without requiring large funds as long as the project is good and has prospects

[Ararbermas]

Actually mostly project always look for some exchange where they can be listed even though it is not enough to help their project grow faster. But sometimes they relying on some cheap site wherein probably for them once the site has a good rate it's enough. Wherein they dont make research behind if it's legit or not that's why sometimes they fail because of that some shit exchange that always used fake rates. Actually on this situation we cannot blame them because you know frauds are everywhere.  So i hope all dev will be aware on this kind of stuff next time before listing on somw exchange.

[retnocintaku]

Not all projects listed on a small exchange will be garbage. The small exchange has a low cost and will be easier to enter, it is certainly with the aim to be able to attract investors. And many such things could be successful, and many happened in the year 2017. Indeed now since 2018 many projects have failed. And many fraudsters utilize this condition to steal investor funds.

Yes, I agree if indeed they are business owners who are supposed to be responsible. They know more about cryptocurrencies and should be if they are seriously bound to be on the larger exchanges. I think we should be careful with the project is unclear and promising to be in the small exchanges.

[trauchot]

I completely agree with you, now a huge number of companies that conduct IEOs on fake volume exchanges do not collect any funds at all and because of this, these companies close immediately, or just a lot of companies collect the same softcap or even sometimes hardcap and list their tokens on exchanges with fake volume and in a matter of minutes, the price of the listed tokens drops to almost zero, and all this of course was done in order to spend less money on listing token and this of course very hurt investors and community of such projects.

[Burogh]

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.

For listings in large exchangers, large funds are needed to pay listing fees and maybe for some new projects, the funds are better used to develop the project. For new projects, it sometimes becomes a dilemma, prioritizing listings on exchangers or funds to develop products while investors want tokens to be traded quickly in the market.

[Ducky1]

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.

Some successful projects simply do not have enough money to list on top exchanges. I agree that this may affect the project's success in the future.

[zabir.brutov]

Teams are trying to save money by entering bad exchanges and some of them even truly believe that latoken, probit and exmarkets listing can have the same value as Binance listing. It is always a bad sign if teams are acting greedy regarding exchanges.

[leea-1334]

There are some good exchanges that are not shit and their fees are not very expensive provided the project has a good community and a dedicated team. Some developers don't take out time to make researches, they act like totalitarians pretending they know what they are doing, whereas they are deluded of working principles.

I do not really know why people keep using fees as a big denominator in deciding if exhcanges are good or not.

Think about it, for most of us, do we really trade so much? I do maybe 2/3 trades a month, I know others maybe max 2/3 weekly, what is that in a year? 150 trades? What do you save between 0.1% and 0.2%? 0.15 of your trade. Do we even trade 1 BTC?

[fosco333]

A good project should not using bad exchange for their token otherwise the token will die.
if the token have low volume on the exchange, new users will have doubt to buy the token.
different with trusted exchange, even new users can buying the coin because they trust the exchange.

[BennyK]

The exchange listings of a particular coin speaks a lot about the trading volume and liquidity of that project. Some investors even look at the reputation of the exchange listings of the project before deciding to join because it serves as a clue to the seriousness of the team. Low tier exchange have low volumes and may affect the trading of a coin if listed there, hence projects must be more concern about which exchange they choose to list their coins.

[yazher]

And most of those exchanges don't have a high volume. tokens that listed on that kind of exchanges are prone to being bankrupt.
we saw the many examples of such coins because of the nagging of their participants on telegram they force themselves to list their coins on some kind of bad exchanges.

[princehandsome]

registering coins on a bad exchange is not a good idea because it will make the price of a coin have no value. actually it depends on the development team in the project if they are not able to register their coins on a large exchange then it is better not at all than to go bankrupt or become a dead coin. it's true that shit exchange will kill a good project.

[setialovers]

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.

Each developer team has a different strategy in determining the exchangers who will list their tokens. Sometimes they first choose a small exchanger to see the market's reaction, whether positive or negative with their project. If it's positive, I think they will move on to a bigger exchanger

[freedomgo]

And most of those exchanges don't have a high volume. tokens that listed on that kind of exchanges are prone to being bankrupt.
we saw the many examples of such coins because of the nagging of their participants on telegram they force themselves to list their coins on some kind of bad exchanges.

They should not let the investors dictate, prior to the actual crowdsale, they already have a written plan on the time frame after the sale.
Listing in exchange is good but if it will only result to dump, it's better to delay the listing, let some investors complain, they can do that all day but the team has no legal responsibility to them as they accepted all the terms prior to risking their money.

The team will have to pay for the listing fee, but they would not get the benefit for their payment if they will just list in poor exchange.
I mean, they also have to carefully analyze the reputation of the exchange and never all to associate their asset to a shitty exchange.

[xOdiumNostrumx]

I would not call Bitmax a shit exchange, but it is definitely one of the main factors of Deepcloud AI's and Ferrum Network's disappointing price action after the listing, both projects deserves much more, even in those unstable market sentiments right now.

[b1k4ng]

registering coins on a bad exchange is not a good idea because it will make the price of a coin have no value. actually it depends on the development team in the project if they are not able to register their coins on a large exchange then it is better not at all than to go bankrupt or become a dead coin. it's true that shit exchange will kill a good project.

I strongly agree with you, developing product first my opinion better. if they can't list on large exchange, because if they have experienced dump it will be difficult to return or exceed price of ICO, STO or IEO

[Sendi blackspade team]

there must be a real thought. good projects will not register their tokens on shit exchange. or a good project will not sell IEO on Shit Exchange. even good exchanges will not accept projects that do not have good progress to be listed on their exchanges. that is simple thinking.

[dearbesz1219]

It is a pitty that low cap cryptocurrencies are interesting only if they are listed on a good exchange. But why we do not care more about other fundamental stuffs?

[kram31]

There are so many exchanges who were and are shit but can get the project moving.
HYES! not all exchanges are there to hVE THE best token in town, some are just there to keep the shit modes moving.!

[Bonwin]

There are many developers who make the same mistake and I have a handful of them. It is quite surprising that some of them will still go ahead to give reasons why they list on those shit exchanges. Irrespective of what the reason might be, it is better not to list.