Author

Topic: $50k-$3M taken by exchanges to list the token (Read 127 times)

full member
Activity: 504
Merit: 101
With the rise in the cryptocurrency and ICO market, crypto exchanges, which are integral to the market’s liquidity are also on an upward trend. Recent reports suggest that these exchanges charge anywhere between $1 to $3 million to list a token.

Crypto exchanges charges $50k-$3M, while Nasdaq charges $55k
In today’s crypto world, crypto exchanges play an extremely important and popular role. A registered exchange, on its way to create the path to liquidity rolls in money. For instance, one of the fastest growing crypto exchange Binance raised around $2 billion in just about six months.

Cryptocurrency exchanges have various ways to earn money among which listing the tokens of an ICO (initial Coin Offering) is one such lucrative option. For a token to be listed on an exchange, it would cost one somewhere around $50,000 to $3 million.
I think charges of exchanges are very reasonable. Most of the transaction of Bitcoins and altcoins mostly happen in exchange majority. The value of crypto currencies are affected on the trade that happens on exchange. Without exchange it's risky to trust Person to Person transaction. Imagine buying altcoins with bitcoin dealing directly to unknown Person, you need to risk to send first without the assurance that the person you are dealing with will send want you buy. High charges but fair and reasonable.
jr. member
Activity: 140
Merit: 1
Currently, over 98% of cryptocurrency exchange trading occurs on centralized exchange networks like Binance, Bitfinex, Okex and Upbit.

But there is hope. Decentralized exchanges such as Bisq offer similar services that centralized exchanges offer at a fraction of the price, but are still in the early stages of development.
legendary
Activity: 1792
Merit: 1283
3 million dollars seems like a lot to just list a token, but I guess the really big exchanges can definitely ask for such high fees.
Luckily there are still enough exchanges that don't even ask for payment to get your coin listed, most of them are probably DEXs though.

Found this article:
https://www.ccn.com/heres-what-it-costs-to-get-your-ico-token-listed-on-an-exchange/
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
With the rise in the cryptocurrency and ICO market, crypto exchanges, which are integral to the market’s liquidity are also on an upward trend. Recent reports suggest that these exchanges charge anywhere between $1 to $3 million to list a token.

Crypto exchanges charges $50k-$3M, while Nasdaq charges $55k
In today’s crypto world, crypto exchanges play an extremely important and popular role. A registered exchange, on its way to create the path to liquidity rolls in money. For instance, one of the fastest growing crypto exchange Binance raised around $2 billion in just about six months.

Cryptocurrency exchanges have various ways to earn money among which listing the tokens of an ICO (initial Coin Offering) is one such lucrative option. For a token to be listed on an exchange, it would cost one somewhere around $50,000 to $3 million.

That's low compared to some who charge for 40btc for exchange listings. Like hitbtc which ask for that kind of amount to list an ico tokens. If that was true then so be it, if not then the dev of that ico scams the investors who trusted in their platform.
sr. member
Activity: 467
Merit: 251
With the rise in the cryptocurrency and ICO market, crypto exchanges, which are integral to the market’s liquidity are also on an upward trend. Recent reports suggest that these exchanges charge anywhere between $1 to $3 million to list a token.

Crypto exchanges charges $50k-$3M, while Nasdaq charges $55k
In today’s crypto world, crypto exchanges play an extremely important and popular role. A registered exchange, on its way to create the path to liquidity rolls in money. For instance, one of the fastest growing crypto exchange Binance raised around $2 billion in just about six months.

Cryptocurrency exchanges have various ways to earn money among which listing the tokens of an ICO (initial Coin Offering) is one such lucrative option. For a token to be listed on an exchange, it would cost one somewhere around $50,000 to $3 million.

Ridiculous, there is way too much room for exchanges to manipulate like this. Especially binance with their outrages fees, they list a lot of bad coins.
newbie
Activity: 22
Merit: 0
With the rise in the cryptocurrency and ICO market, crypto exchanges, which are integral to the market’s liquidity are also on an upward trend. Recent reports suggest that these exchanges charge anywhere between $1 to $3 million to list a token.

Crypto exchanges charges $50k-$3M, while Nasdaq charges $55k
In today’s crypto world, crypto exchanges play an extremely important and popular role. A registered exchange, on its way to create the path to liquidity rolls in money. For instance, one of the fastest growing crypto exchange Binance raised around $2 billion in just about six months.

Cryptocurrency exchanges have various ways to earn money among which listing the tokens of an ICO (initial Coin Offering) is one such lucrative option. For a token to be listed on an exchange, it would cost one somewhere around $50,000 to $3 million.
Jump to: