Beware of lying project team

[ballerin and giroud]

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

Although the project will be listed on the reputable exchange it doesn't mean the coin will have high price on the exchange, even if the coin has a high price but it will just take a momment and the price will go down at the end. Just choose a coin/token with the real use case factor, you will comfortable when you choose the factor for investing. Although the coin is not listed on the top exchange but the coin have real use case I think you just need to hold it for several times because sooner or later the top exchange will try to list it.

[fuer44]

it is indeed important to follow both parties, not just the project. because the exchange will also announce when there is or there will be a new token. I give an example of yobit, the exchanger will definitely give an announcement at least 1 week before the release token. sometimes announcements about airdrops are also held by the project team. if so, then it will really run effectively.

[wozzek23]

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

When an exchange is announcing that they are getting listed on a big exchange people should be very sure about it, and shouldn’t quickly agree to it when they have not confirmed it yet. Just like explained by someone, exchanges don’t reveal such information and the team shouldn’t also be making that kind of announcement, if they do, then they are probably trying to mislead people and make them believe that they are getting listed on a big exchange and at the end it will be something else.

Not just the case of exchanges, everywhere projects are trying to mislead their investors with fake promises. If we notice at least one then we should report that project to this community and must avoid them there after.

[someone703]

it is indeed important to follow both parties, not just the project. because the exchange will also announce when there is or there will be a new token. I give an example of yobit, the exchanger will definitely give an announcement at least 1 week before the release token. sometimes announcements about airdrops are also held by the project team. if so, then it will really run effectively.

Why did you mention Yobit? This is a scam exchange so you should refrain from mentioning it. All exchanges in this market work the same way, which is that they need 3-5 days' notice to list the tokens.

[OneLifeKiller070]

Nowadays, Investors are becoming brighter enough days and starting to notice and research before investing these type of projects. Investors don't belive until they saw listed to any renewed exchanges. This is a good observation tactics for new Investors . A investors must think and do research that whatever projects he investing before getting some loss .

[H1N1]

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

Those kind of informations are only a way to attracting people to come into their project.
Speculators will buy their coin to sell it on binance or okex or other big exchange, and grab quick profit from it.
Just ignore that info if you get it from the team, big exchange like binance usually doesn't disclose the listing of coin.

[greylandm]

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

Deep project research is needed before investing in any. Got a couple of 'tokens' worth nothing/listed nowhere so can't even sell those for a penny at least.

[X-ray]

it is indeed important to follow both parties, not just the project. because the exchange will also announce when there is or there will be a new token. I give an example of yobit, the exchanger will definitely give an announcement at least 1 week before the release token. sometimes announcements about airdrops are also held by the project team. if so, then it will really run effectively.

Why did you mention Yobit? This is a scam exchange so you should refrain from mentioning it. All exchanges in this market work the same way, which is that they need 3-5 days' notice to list the tokens.

He didn't know if yobit was publishing its own token and that's why yobit is always updating the token sale that happened on its own exchange site. yobit was getting money from sold the crap token that available on yobit launch pad.

[Python Master]

We really need to beware with such promises like that. Never believe it until we see an official statement from the exchange. Many projects defraud investors by promising that their coin will be on big exchanges. Although that they do have a plan to do that, don't believe, wait for a announcement from exchange.

[Lantind]

Deep project research is needed before investing in any. Got a couple of 'tokens' worth nothing/listed nowhere so can't even sell those for a penny at least.

Yes, and investors are now also doing research on projects that they will invest funds, investors are not stupid in giving their money, so regarding research on projects is a common thing for everyone, including investors.

[xSkylarx]

Most investors base the project's legitimacy depending on where it is listed. One of the reasons why a lot of investors are getting scammed. Getting listed on top exchange doesn't mean that a project is safe.

If a team cannot even do what they have promised to their community or keeps on making excuses this is already a flag that you should not yrust such team who lacks professionalism or dedication to the project.

[crustycrab666]

Most investors base the project's legitimacy depending on where it is listed. One of the reasons why a lot of investors are getting scammed. Getting listed on top exchange doesn't mean that a project is safe.

Indeed there is no guarantee to always profit when listed on the top exchange. But at least when investors are able to determine the right timing, they can definitely make profit. Moreover, the top exchange has a strong community with good market interest.

Back to the topic of OP. Make sure we check the truth related to the cooperation or listing plan on the relevant top exchange. Usually, the top exchange will provide announcement regarding new listings, IEO agenda, etc. So don't be easily provoked by the lure of scammers who give false hopes and false promises.

[SourLemonX]

In my experience, the notification of a coin is listed, the exchange is where the right to make the notice first. Projects can be listed on major exchanges like Binance, OKEx ... etc. They never claim that they have been listed before the exchange gives notice. If you see a project they say they will definitely be listed on major exchanges, stay away from them.

[coin-investor]

I've seen few projects that decieved investors into thinking that they will list on binance or okex and Kucoin without these exchanges confirmation, my advice is once a project claim they are going top exchange do not hesitate to go to the top exchange social media, if the listing is legit the exchange will atleast say something about it. Wise up

I have seen some project announces their partnership that turns out to be true, and some projects that just use the exchange to get the attention of the investors, either way, investors and bounty hunters should investigate if there is truth to what they are promoting, but yes you are right sometimes exchanges also announce it, to help the project take off in their crowdfunding campaign.
 

[Zeke_23]

Most investors base the project's legitimacy depending on where it is listed. One of the reasons why a lot of investors are getting scammed. Getting listed on top exchange doesn't mean that a project is safe.

If a team cannot even do what they have promised to their community or keeps on making excuses this is already a flag that you should not yrust such team who lacks professionalism or dedication to the project.

There is a reason why other investors depends on where it is listed, we all know that the fee for listing is different depends on the exchange, the bigger the exchange, the higher the fee.
They maybe think that if the project is capable to spend a huge amount then maybe the project is really pursuing their plans. But yes, this is one of the reason why they are becoming the victim of scam, they only look on this side where can easily be fake.

[daglordjames]

I've seen a project that claimed they are going binance in 2019, I can't recollect the name again, one of the project team member works for binance and that makes people believe the token is going binance but later on its all fake, binance never said anything about the project on their Twitter

i've seen like that before they dont work about the exchange they just work about their lies.

[Krabby]

I don't believe in statements from projects, I only trust exchanges. When they announce the listing, it is certain that the project will be listed at their exchange. Projects need to be kept confidential until the last minute and don't give notice of listing too early

[Huntler1993]

Listing on bigger platforms most often lure people into investing in such projects but at the long run they run away with investors monies since they might not be willing to pay such huge amounts to get listed on such exchanges. Therefore we should be very careful with  projects that make such promises since it is easier said than done.

[mamesso]

Their purpose in doing so was only to attract investors to join their project. On the other hand we have to be more thorough and look for information about the projects that are currently running, so as not to get caught in the trap they are making. Before they make an official announcement and get confirmation from the exchange, We must not immediately believe the claims they make.

[tvplus006]

I often see a situation where the team announces on the forum that this coin is already traded on the exchange. But when I go to an unknown cryptocurrency exchange, I see that the coin is really traded, but its average daily turnover is only 10 dollars. Therefore, you need to check all the statements of the project team.