Shit Exchanges, an end to good projects.

[Pamadar]

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.

If the team behind is  concerned with the success of their works they should assess the movements that they will going to take especially adding or listing the project in any exchange, even if the investors itself are forcing them to list the coin, it's still needed to assess if such actions will make an impact to the project there's no need to push everything in rush that will only lead to failure of the project, better to stay focused developing and be much ready once the coin being added to big exchange, having solid and progressive works will bring success inside the market.

[TheWolf666]

The developers have a lot of pressure from the Miners.
Miners want to sell their mined coins and do a quick profit.

Our blockchain is KYF (Kryptofranc), and from the first day we announced it, people were saying: "your coin is worth nothing, it is not in an exchange".
Meanwhile we still have development to do, and doing a start-up, so going in an exchange is something that we will do when we are ready but not now!

Of course, that's not what the miners wants. Most do not know anything about our projet. They have no interest into the projet itself.

I think that some coins are listening their miners and are falling under their pressure.
Going into an exchange before being ready is a risky bet, it can kills the value of the coin even before the projet is mature.

We are in a different time than when Bitcoin was alone... there are so many fake projets, people are kind of lost in the middle of a mess.

I think that real projets needs to have roots in the crypto world but also into the real world with investors and an idea that can solve real life issues. Being in an exchange is not a necessity until everything is ready, a bit like doing an IPO and going public for a company.

[Miklight88]

This is one of the reason that always made me say team also contribute a lot to the successful of their product in all ways by developing the project cos if the team don't do this project will not develop it self and also listing in best exchange is another great thing to kick the project rolling.

[letyouearn]

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.

How exactly does "shit exchange" ruin the projects? Many teams are just trying to list their token anywhere because there are many angry investors who are waiting for any chance to sell it. And all these people are constantly whining and disturbing the team.

[JeromeL]

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.

Sometimes good projects there is no chance to place your coins on the major exchanges, because they do not have the money for it. And they have to place their coins at least for some markets to fulfill their promises to investors. In the future they plan due to increased interest in your project to get a listing on the major exchanges.

[carriebee]

This is one of the reason that always made me say team also contribute a lot to the successful of their product in all ways by developing the project cos if the team don't do this project will not develop it self and also listing in best exchange is another great thing to kick the project rolling.

Even good project cannot made it to the top exchange because lack of funds. Yes by developing their product first it makes their project more successful and can make it to good exchanges. Through this way a lot of more investors attract to have this project.

[MrGGates]

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.

Exactly, there are so many tokens out there that only register tokens on an exchange that are not clear, just because of the insistence of investors and bounty hunters so there is no volume at all, it just looks like a failed project

[dongosquad]

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.

even if there is a volume it is often fake. Yes, sometimes listing exchange becomes a long-term plan of the project, if the project is good then it is already listed in the roadmap, often bounty hunters do not understand that and as you said they always ask for tokens to register immediately. So, for everything to run smoothly, understanding and announcements need to be given at the outset, as a bounty hunter must also be wise and accept everything with all the risks.

[passwordnow]

There are exchanges that charge cheap fees to list their tokens so instead of using the fund to list to a known exchange, they'll take the gamble to that small exchange especially if their tokens were sold out.
The investors can't do anything about that because their money has been locked in and there's no way for them to retrieve it but by simply following the update of where the token is about to list.

[Naughty Princess]

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.

Good projects have study their market and wont choose shit exchange where to market it because that could affect the development of it. There are many popular exchange which offer low fees and safer and exists for long term that nothing happen suspicious, which has strong security.

[TanakabZX]

Every developers that aims to achieve success in crypto space must do the following on my list
1. Deliver real use cases which will surely attract big investors
2. Be determined, challenges will occur, be ready to tackle
3. Go straight for bigger exchange, i believe doing this will keep the coin or token alive with better market cap ,volume and liquidity

[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.

[Distinctin]

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.

[xSkylarx]

Imo if it's really a good project and they earn huge amount of money from their investors they would really list it in a good and reputated exchanges. Usually projects that are listed in shit exchanges don't earned much from their crowdsale and just forced to list their coin because their investors are rushing them to do it. If a good project becomes listed on a shit exchange then the team are only into money.

[JCviggen]

Imo if it's really a good project and they earn huge amount of money from their investors they would really list it in a good and reputated exchanges. Usually projects that are listed in shit exchanges don't earned much from their crowdsale and just forced to list their coin because their investors are rushing them to do it. If a good project becomes listed on a shit exchange then the team are only into money.

this is not always like you said. there are some projects that simply do not need to lists on any major exchanges from the early beginning. they just don’t need to pay a lot of money for listing on such exchanges

[andreibi]

This talk of real use cases, open your eyes. There is not a single use case that has been massively adopted except trading and holding for speculation. The so-called shit exchanges are not the cause of a project's lack of investor interest. It is the actual project and its lack of awareness campaign. Nano had large daily trading volumes in a shit exchange before it was added to Binance for free.

[Ben Shedly]

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.

[freedomgo]

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/

[Capt00]

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.

Good projects have study their market and wont choose shit exchange where to market it because that could affect the development of it. There are many popular exchange which offer low fees and safer and exists for long term that nothing happen suspicious, which has strong security.

But the most and the real things happen by now is that some promising projects turn into nothing cause they are already listed at low volume exchange where it rarely visited by the investors. If project owners want to move their project and succeed, they exert their effort to be listed on the reputable and high volume exchange but they don't. Instead, they let those things to happen and not even giving words for the cause.

[sehoon]

It is the same thing for me, I don't see any reasons why good projects put their coins on the exchanges that won't people won't even mind trading in to. It is just ruining the project for me. And even though a lot of people always asking the devs on telegram on when is the listing on the exchange is going to happen, and they are getting pressure out of it, there are good projects that managed to list on binance without taking so much time.