OP you should add exmarket on the list too, these exchanges don't deserve any attention at all, all they do is ruin the life of the new projects due to lack of volume and liquidity
Undoubtedly, the cryptocurrency exchanges on which the listing of coins of a particular project is carried out are also of great importance for the future of this project. As always, on higher-rated cryptocurrency exchanges, trading is carried out with greater intensity and with large volumes, but nevertheless, in the first place, coins should interest traders and investors, as well as convince them of their successful future. I believe that projects that show real prospects will be a good success, because otherwise, due to lack of demand, any exchange can arrange delisting.
Topic: A Very Important Advice for Devs - page 4. (Read 752 times)
OP you should add exmarket on the list too, these exchanges don't deserve any attention at all, all they do is ruin the life of the new projects due to lack of volume and liquidity
Undoubtedly, the cryptocurrency exchanges on which the listing of coins of a particular project is carried out are also of great importance for the future of this project. As always, on higher-rated cryptocurrency exchanges, trading is carried out with greater intensity and with large volumes, but nevertheless, in the first place, coins should interest traders and investors, as well as convince them of their successful future. I believe that projects that show real prospects will be a good success, because otherwise, due to lack of demand, any exchange can arrange delisting. 
You're right as a developer, listing your tokens initially on these smaller exchanges can spell doom. Instead of engaging in such listing I always advice that projects gets funds from community support or their IEO or ICO raised funds should be used to list on one major exchange than multiple small exchanges.
The problem is those exchange sites were manipulating their daily trade volume. Those developers are getting trapped caused by that. I think that coinmarketcap can be considered as a party responsible for this thing. CMC is always putting scam exchange sites at the top exchange site in term of daily trade volume. If they just manipulated volumes, that would be half the problem. The main nuance is that these exchanges have very low liquidity, so each of them has a manual method of withdrawing funds.
This is the highest level of risk for any funds, because in an unfavorable situation you simply will not be able to withdraw your assets.
OP you should add exmarket on the list too, these exchanges don't deserve any attention at all, all they do is ruin the life of the new projects due to lack of volume and liquidity
You're right as a developer, listing your tokens initially on these smaller exchanges can spell doom. Instead of engaging in such listing I always advice that projects gets funds from community support or their IEO or ICO raised funds should be used to list on one major exchange than multiple small exchanges.
The problem is those exchange sites were manipulating their daily trade volume. Those developers are getting trapped caused by that. I think that coinmarketcap can be considered as a party responsible for this thing. CMC is always putting scam exchange sites at the top exchange site in term of daily trade volume.
I have a technical project and I know the difficulty of project operation.
It is difficult to run the project without a large amount of funds.
A new technology often takes a lot of time and money.
But most investors don't have that much patience and foresight.
When most developers get money easily, they tend to forget their original intentions.
I concentrated on researching for 2 years. I want to raise funds, but most investment institutions are not willing to invest.
They prefer to listen to a good story, then find someone to take over, make a profit and leave
My project, Homogeneous multi-chain system: https://bitcointalksearch.org/topic/ann-govm-high-scalability-theoretical-tps-can-exceed-2-64-already-online-5230875
It is difficult to run the project without a large amount of funds.
A new technology often takes a lot of time and money.
But most investors don't have that much patience and foresight.
When most developers get money easily, they tend to forget their original intentions.
I concentrated on researching for 2 years. I want to raise funds, but most investment institutions are not willing to invest.
They prefer to listen to a good story, then find someone to take over, make a profit and leave
My project, Homogeneous multi-chain system: https://bitcointalksearch.org/topic/ann-govm-high-scalability-theoretical-tps-can-exceed-2-64-already-online-5230875
You're right as a developer, listing your tokens initially on these smaller exchanges can spell doom. Instead of engaging in such listing I always advice that projects gets funds from community support or their IEO or ICO raised funds should be used to list on one major exchange than multiple small exchanges.
But to be listed on popular exchange you need to pay high amount for listing fees or else your project should be popular enough so the exchange will adopt your currency even without the need to pay.Its easy to say you should list on popular exchange but its hard to happen since more of that exchange only list popular crypto currency and other ask for highest listing fee of you dont have that 2 choices you cant be added there easily.
You're right as a developer, listing your tokens initially on these smaller exchanges can spell doom. Instead of engaging in such listing I always advice that projects gets funds from community support or their IEO or ICO raised funds should be used to list on one major exchange than multiple small exchanges.
But to be listed on popular exchange you need to pay high amount for listing fees or else your project should be popular enough so the exchange will adopt your currency even without the need to pay.Its easy to say you should list on popular exchange but its hard to happen since more of that exchange only list popular crypto currency and other ask for highest listing fee of you dont have that 2 choices you cant be added there easily.
All of them are known to be quite shady, even if they are not scam they are at least shady, do not forget to add in yobit as well because they literally declined to pay you up many times, a lot of people complained that they couldn't withdraw their money and that was basically all from credible sources as well, not some people blaming them and get paid from other exchanges. They even did a HUGE signature campaign type of thing to make people forget about all of it but they didn't and all of that money became nothing.
Honestly they did even created their own tokens and gave everyone 700 of it, yoda or something, and everyone was waiting to sell it. What did it became? Something that is stuck on their exchange and requires you to write once to get 7 per day...
I've already added Yobit exchange on the list, they are shady and can't be trusted too, I don't bother to join their giveaway because I'm sure it will be worthless, not all exchange tokens are worth buying, good exchanges aren't many Honestly they did even created their own tokens and gave everyone 700 of it, yoda or something, and everyone was waiting to sell it. What did it became? Something that is stuck on their exchange and requires you to write once to get 7 per day...
Since IEO is the only fund raising path left on crypto space then new projects have no choice but to use IEO, but to become successful or come out with good result you have to go better exchange
1. Low exchanges equals bad results
2. High exchanges equals good results
This is how IEO works, it's this simple
1. Low exchanges equals bad results
2. High exchanges equals good results
This is how IEO works, it's this simple
You're right as a developer, listing your tokens initially on these smaller exchanges can spell doom. Instead of engaging in such listing I always advice that projects gets funds from community support or their IEO or ICO raised funds should be used to list on one major exchange than multiple small exchanges.
All of them are known to be quite shady, even if they are not scam they are at least shady, do not forget to add in yobit as well because they literally declined to pay you up many times, a lot of people complained that they couldn't withdraw their money and that was basically all from credible sources as well, not some people blaming them and get paid from other exchanges. They even did a HUGE signature campaign type of thing to make people forget about all of it but they didn't and all of that money became nothing.
Honestly they did even created their own tokens and gave everyone 700 of it, yoda or something, and everyone was waiting to sell it. What did it became? Something that is stuck on their exchange and requires you to write once to get 7 per day...
Honestly they did even created their own tokens and gave everyone 700 of it, yoda or something, and everyone was waiting to sell it. What did it became? Something that is stuck on their exchange and requires you to write once to get 7 per day...
The list must be added with Bcnex, because there are many complaints about withdrawals that have not been processed even for weeks. The biggest problem in cryptocurrency is trust and exchangers should maintain that reputation so that transactions from members will continue to increase
Your first paragraph is straight to the point, as it shows that only pump and dump developers or those who aren't ready to offer anything good would list on those exchanges. Since time past Latoken is known as an exchange which never gives a project the opportunity to grow, even token sales on that exchange don't always end well. In addition to Latoken, from my own angle, P2PB2B and Vindax are also not worth it as projects always don't do well there. In all ramifications, you are right with your list, and developers should also learn to do the right thing unless of course they don't care about any development but are after pump and dump or they are scammers.
I perfectly agree with you as only a team that is not competent enough will choose the option of these scamming exchanges. Devs who ain't financially bouyant will definitely go for cheaps exchanges without volume and liquidity. I think p2pb2b and vintax are the ones with most bad reviews of being scams. Post like this are good announcements to save everyone from such scam exchanges
I've heard enough about exchanges and my ears are full, if you aren't a scammer or a pump and dump dev this is for you, I'm going to list some exchanges on here right now
1. Vindax
2. Systemkoin
3. ChainX
4. P2PB2B
5. Latoken
6. Dobi
7. Hotbit
virtually every traders have had a fair share of bad experience with the usage of these exchanges. Some of them might not be entirely a scam exchange but they are characterized by extremely low volume and liquidity which do prompt them to do fake volume and wash trading. I think the devs that do opt for those exchanges are either the ones short on cash to pay for listing on top exchange or the ones that ain't guenuine and have the intentions to scam. 1. Vindax
2. Systemkoin
3. ChainX
4. P2PB2B
5. Latoken
6. Dobi
7. Hotbit
Your first paragraph is straight to the point, as it shows that only pump and dump developers or those who aren't ready to offer anything good would list on those exchanges. Since time past Latoken is known as an exchange which never gives a project the opportunity to grow, even token sales on that exchange don't always end well. In addition to Latoken, from my own angle, P2PB2B and Vindax are also not worth it as projects always don't do well there. In all ramifications, you are right with your list, and developers should also learn to do the right thing unless of course they don't care about any development but are after pump and dump or they are scammers.
It still baffles me to see developers conduct initial exchange Offering in these exchanges you have listed. Sometimes I want to think that the developers do not carry out research before listing their tokens in such exchanges or could it be that the fee is very low,? Well listing in such exchanges will mean so much harm to a coin that was carefully planned,so Devs should do more research for the progress of their coin.
It seems that P2PB2B has a very bad reputation in the cryptocurrency market, a lot of people accuse P2PB2B of embarking with the IEO developer to pump then to be broken.
I think the problem for a project listed on the transaction is probably money, most of the IEO and ICo are required to pay a fee to be able to be listed on a certain transaction.
I think the problem for a project listed on the transaction is probably money, most of the IEO and ICo are required to pay a fee to be able to be listed on a certain transaction.
Scammer Developers don't care either as they have same goal with those exchanes and that is to scam investors. How many times that those Exchanges have been accused of scams most especially P2PB2B and Latoken but still there are plenty of start up projects conducting their IEO there. If Devs really want their project to be successful they must at least list or conduct their IEO in a reputable exchange if they can not afford big fees then once they get the project successful start expanding their trading options in some of the top class exchanges in the market.
I am going to air my opinion and that is, any project thinking of or already conducting IEO on some of these exchanges is questionable because I see nothing good about them that is worth the attention. Also, project teams should be careful of listing on those exchanges because they will only but succeed in killing the project the more. Someone might say top exchanges, yes they are good but starting from other small but good exchanges is a good way to start off while attracting more users and preparing for future exchanges.
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