Is it safe to list token on vindax if want to start with very low budget

[smax00580]

Hi my question is to all respected members. Is it safe to list my token on vindax as experiment because it has low listing price also . I want to do it to build volume and see when a coin list on exchange how a new listing coin announcement attract people to do trade ?  It can give me alot knowledge to choose my next exchange in future. And experience of listing on centralized exchange.

[HashingTower]

Its a mediocre exchange just like p2pb2b exchange but it's safe to use, the only problem is most tokens and coins on such exchanges don't always have good liquidity and volume in fact I prefer pancake swap (Dex)

[Fundamentals Of]

Vindax is a poor choice. It's no wonder why most of the tokens listed there are shitcoins. Yours is probably a shitcoin also. But for a start and with a small amount intended for it, listing your token there would at least give your token a place to be traded.

The thing that makes a coin heavily traded on exchanges is actually not the exchange but the coin itself. If the project has been showing great output, created a great community, entered into big partnerships, etc, the volume would easily follow. But even if a coin is listed on the largest exchanges but remains without a product nor a community, then it would remain unpopular and with a low volume.

[mdzahed134]

If you know that here listing fee is quite low so how do you expect result will be good. Vindax is absolutely worst exchange because if you will see every single new listed coins in this exchange there are no enough liquidity to trade.I would like to recommend, increase your budget and go with higher liquidity exchanges.

[WalkerIVIV]

Hi my question is to all respected members. Is it safe to list my token on vindax as experiment because it has low listing price also . I want to do it to build volume and see when a coin list on exchange how a new listing coin announcement attract people to do trade ?  It can give me alot knowledge to choose my next exchange in future. And experience of listing on centralized exchange.

It's not safe and it will be wasting your money. If you need a small exchange site to list your tokens and you can start with the decentralized exchange side combined with good - enough reputation of exchange site like hotbit. Vindax didn't have any volume and so many bots on this exchange site, that's why i rarely seen that even altcoins developers try to list their token on this site, You need to choose a proper exchange site to build the volume. Vindax will not help you to do this.

[batang_bitcoin]

How much is that listing price there? If the price is right, you'll be in a good exchange. But if the price is low then you don't expect that there's going to be a decent volume for your token.
Well, anyway it's not the listing that matters but the project itself if it has a use. Whether you list it there or not, if your project seems to be useful then it will be liked by investors which will make the volume.

[ryzaadit]

You will pay around more than 0,5-1 BTC.

The result is not good, as new token you can get a low volume trading and only wasting your money. Did you know, even AMM Decentralized Exchange while you can don't need to be listing on there only Add Liquidity can bring you more volume rather than "Vindax"

If you want to get a best result on "CEX Exchange" listing on better exchange, don't listed on some exchange who offering a listing in main group. Good exchange never offer anything, the project looking to them.

[smax00580]

Thanks for all respected members of bitcoin talk who participated in my question. And helped me to understand about vindax exchange . Also giving me insight to choose good centralized exchange.

[X-ray]

Hi my question is to all respected members. Is it safe to list my token on vindax as experiment because it has low listing price also .

If you can afford to waste your money to pay vindax and that's your decision but you can spend or give additional budged to list your token in a better exchange site.

I want to do it to build volume and see when a coin list on exchange how a new listing coin announcement attract people to do trade ?  It can give me alot knowledge to choose my next exchange in future. And experience of listing on centralized exchange.

A new listing announcement from the shitty exchange site will not give any impact to the people's mind. They will be getting in to trade when it was coming from the major crypto exchange site like binance or coinbase. If that was coming from a small exchange site like that and it will give no impact to the coin. People didn't used the small shitty exchange site anymore.

Glad to see that you have been getting some good answers about that. I hope that you can hodl your position and try to consider another way to launch your token. DEX is far better than vindax.

[bitkanu]

Thanks for all respected members of bitcoin talk who participated in my question. And helped me to understand about vindax exchange . Also giving me insight to choose good centralized exchange.

glad to see you get what you want.
There are lots of good centralized exchange site but the question whether your token can meet their requirement or not? Those good exchange sites are also charging various listing fees. You can see that so many new altcoins didn't even wanna list their tokens on vindax. I rarely seen a crypo that wants to list its token to the vindax. It's caused by this is a common knowledge if vindax was also the worst exchange site.
Is not it better to use your money to add liquidity in your token rather than list it on vindax? I think adding your token to the dex like uni or pancake have become a better choice.

[Coin_trader]

Hi my question is to all respected members. Is it safe to list my token on vindax as experiment because it has low listing price also . I want to do it to build volume and see when a coin list on exchange how a new listing coin announcement attract people to do trade ?  It can give me alot knowledge to choose my next exchange in future. And experience of listing on centralized exchange.

Vindax is a low tier exchange that established since 2019. So far there's no major negative reports on this exchange since it was introduced. This Vietnamese exchange is a perfect destination for a low budget token that want to list on a decent centralized exchange since they have volume compared to other exchange that only fakes trading.

It's normal that you will receive criticism here since you are asking for a vouch of a low tier exchange but considering your tight budget, This exchange is still good for a low tier exchange.

[CryptoYar]

I have never used this exchange but the reviews about the Vindax exchange are not good. And according to those reviews, it's a scam exchange.

Reviews about Vindax exchange: https://www.trustpilot.com/review/vindax.com

Now it's up to you whether to list your token on this exchange or not

By the way. What's their listing fee?

[ryzaadit]

-snip-

Don't use trust pilot for review.

To many a fake review, you can fake that. I believe around 0,5-1 BTC maybe a minimum 0,3 BTC depending on how many pairs you want to listing.

-snip-

Sure, no worry.

Type exchange like this, they only want to list as many tokens as possible. Take the fee listing and then you know the next, your token will be dead volume + sometimes only full of fake transaction by bot exchange.

[Yogee]

... I want to do it to build volume and see when a coin list on exchange how a new listing coin announcement attract people to do trade ?

$41 million 24 hour trade volume according to Coingecko.
$52 million 24 hour trade volume according to CMC.

Do you think you can build volume from that? I doubt it. It's probably a downgrade if you list on low tier exchanges. Have you tried looking at Kucoin? I think a lot of tokens listed there only started with DEX or AMMs. The listing fee is higher but at least you get better reputation and more exposure.

[Quidat]

Hi my question is to all respected members. Is it safe to list my token on vindax as experiment because it has low listing price also . I want to do it to build volume and see when a coin list on exchange how a new listing coin announcement attract people to do trade ?  It can give me alot knowledge to choose my next exchange in future. And experience of listing on centralized exchange.

Getting listed on an exchange doesnt automatically means that your coin would be building up with some volume because it could still possible die right away and wont get
any liquidity if it wont really be getting any demand thats why you shouldnt really anticipate if you dont like to get frustrated because this is how supply and demand works on which
you could get some value if theres one but if theres none then you should expect failure and might be getting delisted right away.

[asriloni]

Garbage exchange site, The same tier with latoken, coinsbit and p2pb2b. Horrible UI and UX, Low liquidity, full with bots, Service was not always active when you have faced a problem with this exchange site and many more. The first impression matters a lot and that's why people will always call any tokens that listed into the garbage exchange site as scam token. It's caused by they can't get a better exchange site for that.
The garbage exchange site will give a very bad impression to your token as well. It's not to pay your money for the developer of this exchange site.

[tippytoes]

Garbage exchange site, The same tier with latoken, coinsbit and p2pb2b. Horrible UI and UX, Low liquidity, full with bots, Service was not always active when you have faced a problem with this exchange site and many more. The first impression matters a lot and that's why people will always call any tokens that listed into the garbage exchange site as scam token. It's caused by they can't get a better exchange site for that.
The garbage exchange site will give a very bad impression to your token as well. It's not to pay your money for the developer of this exchange site.

If the OP wants, better develop his coin to be a valuable one first. Don't rush into listing if the project has no significant achievements yet. Because listing in substandard exchange won't do any good on his coin. The trading volume will be low and traders will just ignore the coin if it has nothing to offer to the community. A lot of coins died because of no progress in development. If the project has very low budget, why not focus on actual use case of the project first? Listing would be easy if they have good application in the market. They can even list in binance if the project is really promising as they are not charging fee for listing, only some type of donation if they want.

[_IRMAN]

Hi my question is to all respected members. Is it safe to list my token on vindax as experiment because it has low listing price also . I want to do it to build volume and see when a coin list on exchange how a new listing coin announcement attract people to do trade ?  It can give me alot knowledge to choose my next exchange in future. And experience of listing on centralized exchange.

Your tokens will have no volume there, this exchange is a trash exchange because most of the tokens there have no volume. Similar exchanges to avoid are P2PB2B and Coinsbit.

[Psynthax]

Hi my question is to all respected members. Is it safe to list my token on vindax as experiment because it has low listing price also .

It's not safe and it's a very bad decision and look at the thread that i have provided below. bunch of bad reviews from another BCT users. That's enough to say this is the worst exchange site in the crypto market.

https://bitcointalk.org/index.php?topic=5229001.0

I want to do it to build volume and see when a coin list on exchange how a new listing coin announcement attract people to do trade ?  It can give me alot knowledge to choose my next exchange in future. And experience of listing on centralized exchange.

You will never get what you want from listing your coin on vindax. vindax will give no return for your money and your token will be slowly dead caused by it has no demand and liquidity. A new listing announcement from scam exchange site will never ever attract people to trade it.

[mdzahed134]

... I want to do it to build volume and see when a coin list on exchange how a new listing coin announcement attract people to do trade ?

$41 million 24 hour trade volume according to Coingecko.
$52 million 24 hour trade volume according to CMC.

Even though which figure you mentioned about 24 hour volume on Vindax, I don’t believe this are real volume such shit exchanges Vindax,Latoken because they used bot to attract people’s by fake volume. It will be totally waste of money which project will be listed this exchange.