Shit Exchanges, an end to good projects.

[serjent05]

Well if they don't get listed on exchange every 6 out of 10 messages will be asking "when exchange?" question. So I guess after some time they just get frustrated of the same question and ends up getting their project listed on some shit no volume exchange.

Indeed it is quite annoying for the project team owner to have such inquiry every time.  I have seen some good projects that have not been listed on any exchange having this kind of message often.  Though I disagree with the idea of shit exchanges ends a good project since exchanges only offer these project a way to exchange their cryptocurrency into another cryptocurrency, at the end of the day it is the developers that drives the project to success.  If the project failed due to listing in shit exchanges, this only mean one thing, the project itself including the developers are the one to blame since they are incompetent.

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[cudora]

There are a lot of reasons for listing on not a popular exchange and the fist one is greed of team members. Nobody wants to give away 90 percent profit from the token sale to get listed directly on Binance and secondly, some teams are simply stupid and think that listing on five bad exchanges can replace one great exchange.

[cytpoway121]

There is this saying that states that you are as good as the stuffs you attract

Crypto currency has a phenomenal habit, good projects will always attract good exchanges
If a project gets rejected by the top valuable exchanges; I want to believe it is because on the long run; it will be valueless

[cabron]

There are shit exchanges but there are certainly DEX which I don't think it more of a shit exchange, way even better than those mainstream exchanges. When team waits for a huge exchange and so developing their project for more investors to come will upset the investors and will brand your project instead of being a shitcoin. The team can already find ways like listing on Binance DEX by just votes from the community.

[VIP BTC]

no Exchange bullshit, all exchanges are good, but the problem is in the developer, I have seen some tokens that are in normal exchange but have a stable price, the problem is now in the developer, dare they not build projects like saving their budgets to raise the price of their project if their tokens fall, this is not found in the various projects they have developed. sometimes the problem is that the developer just wants to set up the token, without wanting to build the token

[masterrex]

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.

Base on your thread mate it seems that you have been through a horrible experience with those so called shit exchange. BTW those so called shit exchange are in many forms even if you see it in CoinMarketCap that has a huge trading volume you must think twice before believe what you saw most of the so called shit exchange have a fake trading volume thats why if the project developer list their coin/token on that exchange with fake trading volume what can you expect? thats the truth the cryptomarket today was plague by shit exchange with fake volume. But not all some exchange has a trustworthy record like Binance that i was using since 2017.

[kenelmark]

If you would like to kill yoir project then list it on Latoken or IDEX. I guarantee that your coin becomes dead in few days.

absolutely, most of the coins listed on the latoken and idex exchanges do not have a good price movement, even many new coins have decreased prices when already listed, this is what I often see in these two exchanges.

[Distinctin]

If you would like to kill yoir project then list it on Latoken or IDEX. I guarantee that your coin becomes dead in few days.

absolutely, most of the coins listed on the latoken and idex exchanges do not have a good price movement, even many new coins have decreased prices when already listed, this is what I often see in these two exchanges.

Is that because traders and investors are often used those big and known names in the market. The liquidity and market volume is very important in order to attract traders and yet, Latoken doesn't have that thing and it brings to be skipped with. However, when it comes into transaction fees it all be fair, the only problem is its market price.

For the number of exchanges today, it is quite to see that some of them will lost the competition while the others keep soaring high and that is it happens with Binance. How their developers taking care of their traders is actually turning them back and giving trust which I do hope that the other exchanges also will do the same.

 

[Ucy]

Do you blame the "good developers" when there is alot pressure from investors to get the coins listed on exchanges?
I personally won't bother about exchange as a developer. I could help create a decentralized exchange and get my project listed there to enable members trade the coin
 If my project is good and difficult to resist, many exchanges will list it.  Listing on any exchange will be the last thing in my mind.

[mr_random]

At least the team should start from somewhere, it can hurt the true believers but the experienced investors agree to face the reality. The small exchanges are not going to accept the listing query for all projects, they also make a decision depending on the size of the trading volume on other exchanges. Decentralized exchanges will solve the mentioned treatment sooner or later.

The best exchanges never want to be a target for criticism by the social media crypto experts, they will laugh hard if the shitty project is in the waitlist of the well-known exchange.  After checking the coinmarketcap, I become confident one more time in my opinion, the fake volume generator bots choose the useless tokens for increasing the daily volume. This is not a coincidence which happened to random altcoins. The reasons are not hidden from the crypto society but the bot designers aim to catch the new traders in the trap.

[tunapa]

The fact is a good project will not start listing on a shit exchange ! It means a lot to a good project to list on a good exchange that has good trading volume and users ! Most times they just want to list on an exchange for investors to trade but most times it’s usually the end of it !

[Kemarit]

One reason is that projects is really testing the market first that's why they listed their coins in a shitty exchange, or maybe they get a good deal with the people behind the less famous exchanges. Or maybe the CEO of the project has a close relationship on the founder of an exchange. That's why you can't really blame them for listing it to that platform. This is a free market, developers have every right to do anything here, just like what traders or speculator do with their tokens as well. I'm not defending them, it's that it is also unfair to blame everything that's happening to the market to the project itself. We put pressure on them to get listed, and then when they do listed their tokens, we complain and bitch around.

[Isiaka208]

Sometimes it's not the fault of developers, but rather investors. Many people want to become rich overnight, thereby mounting pressure on developers to list even when they're not ready.

[rdewilde]

Your facts are right though, but I see it in another way. Any "good" project which goes ahead to list on a shit exchange purposely does so and as such questioning the genuineness of that project, that is, is it really a good project? Most times a project might be filled with hype and once the team have collected enough funds will proceed to list in a shit exchange with the excuse that they want to develop their products, the exchange of course will help kill the price in the end, the team will blame the exchange and that's the end of the project; no one will hear anything again about it as investors will partly blame the exchange as well as the team.

[Twinkledoe]

Your facts are right though, but I see it in another way. Any "good" project which goes ahead to list on a shit exchange purposely does so and as such questioning the genuineness of that project, that is, is it really a good project? Most times a project might be filled with hype and once the team have collected enough funds will proceed to list in a shit exchange with the excuse that they want to develop their products, the exchange of course will help kill the price in the end, the team will blame the exchange and that's the end of the project; no one will hear anything again about it as investors will partly blame the exchange as well as the team.

It is very correct. If the project is genuinely legit and good, they won't even think of listing their coin to a shitty exchange. They will wait for the right timing to be listed in a decent exchange and will not be rushing things. So if a project has been listed in what you called a shitty exchange, you start to doubt their real intentions and they might not really be up for long-term investments. The dev team will blame others for what is happening but the truth is it is themselves who are making their path in crypto.

[Mrsparks]

I concur with some opinion passed on this post. The truth is most dev fails to understand that establishing utility for their currency is most esential.I still insist the exchange are not responsible for the poor performance because if truly this coins are of value, they wil be of high demand and liquidity on exchange...

[retnoanjani]

to register on a shit exchange the cost is free and cheaper than a benefit exchange. I do not know, developers must have their own considerations. It's just very disappointing when the token listing on shit exchange with liquidity and small volume, it is certain that prices are difficult to develop and tend to dump. so, don't just blame the bounty hunter for the price dump, even traders and other investors are not interested in seeing the token.

[irixo10]

You have said it all but sometimes the team lists their token in shit exchanges so as to exit scam later on, therefore no one can really blame them that much. Last year it was rampant, many hype projects did it ; they planned it very well that you will almost believe they will list on good exchange only to end up listing on a shit exchange where the price dropped badly and thereafter they disappeared. Furthermore, I don't think a team with the aim of building a valuable platform will ever think of listing in the shit exchange, it is all about of the plans of fraudulent team.

[Mysteryla]

Some developers do not want to use any fund for listing. Some of them look around for free listing, which us moist times done of decentralized exchange. Any centralized exchange that does not take listing fee, might be a shit exchange.
A good exchange will have what it takes for a good project to succeed.

[samcrypto]

Some developers do not want to use any fund for listing. Some of them look around for free listing, which us moist times done of decentralized exchange. Any centralized exchange that does not take listing fee, might be a shit exchange.
A good exchange will have what it takes for a good project to succeed.

Somehow, exchanges really make a good impact on a project so if the team wants to succeed they will look for a more good exchange even if they pay huge fees. Shit exchange is useless for a project, for sure they will just failed because of no volume at all. This kind of expenses should anticipate by the team and make a good decision.