Shit Exchanges, an end to good projects.

[pelumi20]

I think this is the flaw of the project team, as they couldn't care less about the association with investors, that is the reason they need to profit from investors, at that point they never again care about the estimation of the token. since they don't deal with their accounts the best and have made it a loss to list on a little exchange.
so we can't consider it a decent project, despite the fact that their thought is extraordinary however their team is awful, that project is as yet an awful project

[1714491042]

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[1714491042]

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[1714491042]

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[Shallow]

This has really being the nature of most projects, but after taking such steps you will realize the project will just die. As for me, I don't think a team who want a future for their coin will list on a shit exchange, any team doing such have another motive. At the same time, I don't support spending huge to list on top exchanges, but it won't be bad getting started on a good exchange which will give the project exposure thereby in the near future they can list on other exchanges.

[bittick]

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

shit exchange is a one way to provide temporary exchange so that the community will not raging because they have exchange. I do agree with you, if the project is really good and the volume proven to be quite high also the hype some big exchanges may interested to list the coin and that comes with cost aswell I guess just like usually from popular exchanges.

[TrevorS]

Often not the best projects produce listings on bad exchanges just to make the appearance of some activity. Show investors that the project is fulfilling its promises, because most often such projects do not say in advance which exchange they will list. Note that all good projects conducting listings on the largest exchanges did not fall in price as it happens constantly on bad exchanges.

[wywoc]

There are many reasons that make developers put their coins / tokens on shit exchange, for investors to be calm because they have entered the market even though it is shit or small exchange. It could be that the exchange itself included it without first asking the developer for permission.
Or it could be that developers are getting frustrated by market conditions but continue to be urged by investors to immediately put them in exchange.

IMO the most important reason is listing fees, these exchanges charge a very small fee, unlike other major exchanges. That will help the project live up to its promise in the roadmap of listing on the exchange. Then they will gone with investor's money.

[smyslov]

A good project will always remain a good project, even if they list it in a lowly exchange, but it's not recommended that they prefer a lowly exchange over a good one, and a good project has in their roadmap goal to list in a much bigger exchange, it's just that they want to list their coin as early as possible, so their investors can trade, but they will eventually get listed in a good exchange, they know that a good project must be in a good exchange.

[bison]

There are many reasons that make developers put their coins / tokens on shit exchange, for investors to be calm because they have entered the market even though it is shit or small exchange. It could be that the exchange itself included it without first asking the developer for permission.
Or it could be that developers are getting frustrated by market conditions but continue to be urged by investors to immediately put them in exchange.

IMO the most important reason is listing fees, these exchanges charge a very small fee, unlike other major exchanges. That will help the project live up to its promise in the roadmap of listing on the exchange. Then they will gone with investor's money.

yes, we see many projects like that. after being registered in exchange for petty trade then they disappear without development or ongoing products. This is frustrating, but in reality, not many projects still survive and run after their first year developing the platform

[Bim abk]

There are many reasons that make developers put their coins / tokens on shit exchange, for investors to be calm because they have entered the market even though it is shit or small exchange. It could be that the exchange itself included it without first asking the developer for permission.
Or it could be that developers are getting frustrated by market conditions but continue to be urged by investors to immediately put them in exchange.

IMO the most important reason is listing fees, these exchanges charge a very small fee, unlike other major exchanges. That will help the project live up to its promise in the roadmap of listing on the exchange. Then they will gone with investor's money.

yes, we see many projects like that. after being registered in exchange for petty trade then they disappear without development or ongoing products. This is frustrating, but in reality, not many projects still survive and run after their first year developing the platform

this happens a lot especially in projects that cannot get a lot of investors, in this sense they fail when selling the products they offer, and they disappear with investors' money, they don't last long and there are some projects that only register coins / tokens on exchanger then leave for no apparent reason

[ajaymukund]

That's one of the big mistakes CEOs make at new startups now. They don't know how the community and its fomo influence the success of the project.
If we see that these are intended projects on shit exchanges, we should avoid them even if they have a good idea, because the results will also go to dust.

[Rodeo02]

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.

Listed it in shit exchange simply means this project is also shit. If you want your project to be successful  you should list your coin atleast one of the top 10 exchange one is enough start as long as this is good exchange while developing it.
If you cannot fund your project for listing why investors would trust your project and buy your token?

[gunhell16]

There are many kings of flaws if doing this.
If a good team with a good project will be choosing a shit exchange? that will kill the project! oh their token price!
but most teams are greedy and want to give assurance to their investors that the token are now on exchange.
this made them go to xhit exchanges even the volumes are fake or none!
IF a team is serious about development and promise on their investors they will only choose the best one! not to silence the demand from the group but to make the token worth more while they are doing the development of their project.

[Battareus]

The problem is not that the funds are lost on bad exchanges, but that they are not transferred to wallets from there and stored until profit. Even on a bad exchange you can buy a coin and immediately withdraw.

[Arsenyo]

Yes, there are lots of good projects that failed because they choose a wrong exchange. Mostly they do it because of the pressure so they choose the easiest way, to list the cheapest exchange. And as result it reflects coin's price.

[Marckolind]

Just invest in a project that runs it's own exchange, and you're golden, lmao.

I don't like the power all these major exchanges has, it's bullshit to say the least. Eventually when we hit full on regulation, and these exchanges are forced to share your personal info with the governments, I'm sure DEX solutions will blossom up, and people will start to realize how important their personal info really is.

Take a look at Blocknet, one of many projects, who built a DEX, they where the first project to launch one actually, and it's working great! Peer 2 Peer trading is powerful, as it eliminates the middleman. You being in control of your funds at all times.

Do your own research

[VDraci]

That's one of the big mistakes CEOs make at new startups now. They don't know how the community and its fomo influence the success of the project.
If we see that these are intended projects on shit exchanges, we should avoid them even if they have a good idea, because the results will also go to dust.

Actually if coins or tokens are good enough they should be able to survive on any low exchanges even if the volume is not much, its just like when new exchange add pairs like btc to eth or eth to btc on the exchange, there is no way that there won't be buying and selling orders on the exchanged

[peterlustig]

This is a normal practice in crypto-verse sometimes project owner lists their coins in shit exchange just to please the community.
Sometimes it could be a good thing 'coz we can get the coins for a cheaper price but sometimes this could lead the project to death.

[tetyulfania]

You want to invest on ICO never joining with coin have exchange own platform, your money lost without have ready for their exchange coin, always make beta version but we can sell their coin on his exchange.

[cosmofly]

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.

I disagree with that. For RET, it has grown very well in the past few months when it was only listed on IDAX. The problem here is not so much related to exchange, the problem is in the community.
If it is a large community, they will automatically increase the volume purchased on small exchanges without big exchange like Binance, Okex, Huobi. Because projects that rely on fame to survive, will be banned. For example, DEEP has been delisted from Bitmax (first IEO), Perlin, Pundi X, BTT has also been delisted on Binance.

[target]

This is a normal practice in crypto-verse sometimes project owner lists their coins in shit exchange just to please the community.
Sometimes it could be a good thing 'coz we can get the coins for a cheaper price but sometimes this could lead the project to death.

Right now there are projects doing IEO on exchanges such as Finexbox. You don't see these exchanges back in 2016 but they are now doing IEO following the steps of what binance did. The next 5 years all these will also be gone just as how cryptopia and coinexchange turned out. Coinexchange is about to shutdown.   Investors wouldn't register to these exchanges, submit the required documents for KYC to invest. I could be wrong but if they list their coin there, it will have low volume

Just invest in a project that runs it's own exchange, and you're golden, lmao.

I don't like the power all these major exchanges has, it's bullshit to say the least. Eventually when we hit full on regulation, and these exchanges are forced to share your personal info with the governments, I'm sure DEX solutions will blossom up, and people will start to realize how important their personal info really is.

Take a look at Blocknet, one of many projects, who built a DEX, they where the first project to launch one actually, and it's working great! Peer 2 Peer trading is powerful, as it eliminates the middleman. You being in control of your funds at all times.

Do your own research

DEX it is. But how sure are we that the government are not going to cease these DEXs?

[santiPOGI]

every project that iwill be on a shit exchange will be there end.
If they have a good sales why they will choose a shit exchnge? a great one will pull then up like binance or what ever that is on top!