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Topic: Exchange Business Model Need Corrections (Read 131 times)

hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
March 02, 2020, 06:59:39 PM
#3
Exchanges charging Thousands of Dollars for Listings , end up being scams.
As Cryptopia , Trade Satoshi are cashing out and then exiting with funds for services not rendered.

So their needs to be a new Business Model for Exchanges.

Instead of charging Thousands, which no one is going to pay any more.
People do wise up after being scammed too many times.

Their needs to be an exchange that charges a simple Monthly Fee of only like $10 per coin per month.
Like many explorers do.

Because no one is going to pay thousands any more for exchanges that close a month or two after being paid.

So a $10 service fee model per coin monthly is your best chance.

Just My Opinion.  Cool

You got some points though but as SFR said above which this kind of system would give out more opportunity for those scammers on listing out their shit token which other investors would able to buy since its listed.
If there were some strict criterias then its good but i dont see this one to be effective.

Scams would happen no matter what yet we cant even know how to stop specially if plans of exit scam do happens internally or inside job.So its pretty pointless i do say.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
March 02, 2020, 06:05:32 AM
#2
Their needs to be an exchange that charges a simple Monthly Fee of only like $10 per coin per month.
Like many explorers do.
You have a point but by doing so, they'll [exchanges] be allowing scammers to list their coins quite easily and that leads to more possible scams in the future...
- In regards to explorers, AFAIK they don't charge any fee (unless I'm missing something).

You might want to move this thread into "Exchanges" board instead...
- The "move topic" button is located in the bottom left corner of this page.
member
Activity: 200
Merit: 73
Flag Day ☺
February 25, 2020, 11:35:27 PM
#1
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