maxreish
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June 01, 2021, 05:38:46 AM |
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There are exchanges who actually strict on accepting new coins on their system. While other exchanges can be easily list a crypto coin, we should always check the coin's sincerity and reason for listing. The reputation of an exchange can be at risk if allowing a scam coin to be listed on their exchange. That is why, the quality, the objective should be acquire and to be look for in case choosing the right coin.
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Bitbtc8
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June 01, 2021, 05:43:29 AM |
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As a matter of fact most crypto exchanges don't care, there is money to be made from new projects that want to list on exchanges so telling them NO is loss of money, the only exchange that cares so much about how good a project is for the masses is binance exchange, if all crypto exchange can copy this guys at binance we will have less scam projects in crypto space
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junkerr
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Meta4uStake.io
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June 01, 2021, 05:49:50 AM |
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As a matter of fact most crypto exchanges don't care, there is money to be made from new projects that want to list on exchanges so telling them NO is loss of money, the only exchange that cares so much about how good a project is for the masses is binance exchange, if all crypto exchange can copy this guys at binance we will have less scam projects in crypto space
but it does not apply to DEX exchange. You can see how easy it is to make liquidity grow for a scam project and they can attract people to trade by creating airdrops. we see it in a new project on the BSC network. it is almost the same token from the ethereum blockchain traded on IDEX and Uniswap.
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WalkerIVIV
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June 01, 2021, 07:25:59 AM |
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The regulation will make the crypto market will be even more complicated than this time. We are looking for the decentralization and the dex gave the best solution for that. The self regulation has become the own solution for this time. IF you meant about the major exchange sites and so many major exchange sites have been following the regulations for the listing requirements. The shit scam exchange site will never do that as the purpose of them exist in the market to scam people.
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Vishnu.Reang
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June 01, 2021, 07:39:27 AM |
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One of the reasons why we trust exchanges such as Binance is that they have a very strict screening mechanism. Even if the promoters are willing to pay the listing fee (which can be up to $3 million for Binance), if the coin fails the requirements then exchanges such as Binance would refuse to list it in their platform. But the same can't be said about the smaller exchanges. The screening mechanism is not very strict in exchanges such as Livecoin and Yobit. But in the end, it is up to the user to decide whether they want to invest in such coins or not.
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VanDeinsberg12
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June 01, 2021, 08:38:11 AM |
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As a matter of fact most crypto exchanges don't care, there is money to be made from new projects that want to list on exchanges so telling them NO is loss of money, the only exchange that cares so much about how good a project is for the masses is binance exchange, if all crypto exchange can copy this guys at binance we will have less scam projects in crypto space
but it does not apply to DEX exchange. You can see how easy it is to make liquidity grow for a scam project and they can attract people to trade by creating airdrops. we see it in a new project on the BSC network. it is almost the same token from the ethereum blockchain traded on IDEX and Uniswap. There's reason why coins that aren't officially recognized by the DEX don't have their logo shown like bruh it's obvious that the coin itself listed by some individual and I think that's enough gesture for peolpe NOT to buy the coins. it's not like BINANCE is all pure and uncorrupted anyway, plenty of shitcoins have made its way to binance, it's the people that need to get educated about what to buy and what not to buy, you can't depend on a company that runs for profit and with dex peolpe should know that any individual could list any contract they want so people getting more aware, effective way is to show this notice in the dex.
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sempak
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June 01, 2021, 09:09:21 AM |
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Market is business if you have the money you will be able to list your shitcoins anywhere that's why it's the responsibility of the trader or investor on where he will trade or on which coin he will going to invest that's why it's important to know the background of the project not just rely on the graphs itself.
Still there are some exchange site which only listed reputable coins just like coinbase.com even if you have a lot of money it would be really hard to be listed here. Also I think some exchange even Binance have some requirements needed in order to be listed once they meet the requirements I think they would be listed on that particular exchange.
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Byakuga
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June 01, 2021, 09:25:40 AM |
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Is it that easy to list coins on exchanges or you are just mixing things up? The easiest way out won't even favour the project because no scam project will land on binance exchange without proper investigation, scammers and pump and dump projects only have one option left and that's Dex and low rated exchanges like p2pb2b exchange
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slaman29
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June 01, 2021, 10:48:12 AM |
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Pros and cons, everyone. And we're free to choose, so I don't see why there shouldn't be both options.
If you want to feel safer (note feel, not actually are;)) then go for listed coins at regulated exchanges. Mind you many exchanges don't really do due diligence, it's so basic most of our DYOR would be 10 x better.
If you want complete freedom go open liquidity pools on Uniswap.
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cilgindansci
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umachit.fund
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June 01, 2021, 10:59:05 AM |
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You are absolutely right in these ideas. We have seen many cases of fraud with methods like this before. Although many people are currently earning money with these methods, this will not always be the case. Especially investors who are new to the market should listen carefully to these warnings.
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tvplus006
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June 01, 2021, 12:26:50 PM |
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...I am therefore of the opinion that the processes of listing Cryptocurrencies should be as strict as that of security shares, with reliable regulations. This will not only boost the confidence of investors, it will also ensure the longevity of the coins when listed.
Such a simple listing procedure is only possible on decentralized exchanges, where anyone can add a contract address and start trading. On centralized exchanges, the listing process is much more complicated and it is usually paid. It will be possible to prohibit such a simple procedure for listing on DEX only if they become centralized.
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Alert31
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June 01, 2021, 03:27:48 PM |
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Listing of cryptocurrencies in different exchanges are purely business. If the project met all the necessary requirements including the listing fees, then, there's no reason for the exchange to decline or reject them. Also every exchanges has their own standard and policies to agree with. It depends on the exchange if how they will check a token that wants to list them. Other top exchange are very careful about listing.
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GeorgeJohn
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June 01, 2021, 10:38:21 PM |
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The rate at which shitcoins get listed in different platforms makes it difficult to differentiate a coin created in a good or bad faith. When this shitcoins appear, early investors will take the first sit. If the project becomes successful, they will run into massive profits, otherwise a perpetual loss.
Most times a coin might be created in a bad faith. I mean such a coin might be created to solve an immediate problem or sink people's money. Immediately it is listed and promoted it will begin to make wave and hence become attractive to the innocent investors.
I am therefore of the opinion that the processes of listing Cryptocurrencies should be as strict as that of security shares, with reliable regulations. This will not only boost the confidence of investors, it will also ensure the longevity of the coins when listed.
I think there is a clear difference between shares and cryptocurrencies. The shares are centralized and regulated by a singls authority. For example, the London Stock Exchange is a centralized body regulating stocks and shares in London. They already have criteria know to everyone or which everyone understand. Even before they start their company. But in the world of cryptocurrencies, the whole system is decentralized. So, every platform listing coins are independent and have the freedom or willingness to set their own criteria. It is their business. You wil not tell them how yo run it. The best thing is to do research before you invest.
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