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Topic: Is there any benefit of listing tokens on a large exchange? - page 2. (Read 282 times)

member
Activity: 336
Merit: 12
Many ICO save money and make a listing of tokens unpopular or decentralized exchanges.
And what if you spend money and make a listing on a major exchange? Pump, you tell me. But no Grin

Puma Pay has collected investments of 117,019,041 dollars. 
This is not advertising, ICO has already ended.

PumaPay enables payment methods common to daily life on the blockchain, which have so far been impossible with the technology behind  cryptocurrencies.
By bringing the flexibility of payment cards to the blockchain, PumaPay is the go-to solution for merchants worldwide.
Information taken from the official site( https://pumapay.io  )


Now the most interesting
Puma Pay made a a listing of tokens on the decentralized IDEX exchange.
The token was traded in the range of 0.000009-0.000012
https://idex.market/eth/pma


On August 8, a token was listed on https://hitbtc.com/PMA-to-ETH



hitbtc   pump x2, x5, x10.... to the moon Cheesy   

No...

On the first day of trading, the price fell 2,6 times and did not rise much.

Poor investors ..
Puma Pay is not a scam.

Draw conclusions yourself.


The  exchange does not always decide.I had cases of falling when investors' expectations were not met.The project promised a major exchange.Exchange was the top 100.The result is a drop in prices.
hero member
Activity: 1190
Merit: 641
In my opinion, this is a typical situation when the price of a token falls after entering a centralized exchange. There are rumors that the exchange for listing get a huge number of coins and then sell them at any price and that is why the coin rate drops.
The exchange receives part of the money in bitcoins and part of it in tokens. It is not profitable for an exchange to sell promising tokens immediately.
It is more profitable to wait for the pamp and sell several times more expensive.
Perhaps there are other reasons for this situation.
full member
Activity: 448
Merit: 108
In my opinion, this is a typical situation when the price of a token falls after entering a centralized exchange. There are rumors that the exchange for listing get a huge number of coins and then sell them at any price and that is why the coin rate drops.
full member
Activity: 1050
Merit: 101
I suppose each listings provokes a huge dump also because of the following reason:
Investors / bountyhunters are waiting for their favorite exchange and than sell the coin. Since they usually have some kind of deposit it is very convenient.
newbie
Activity: 24
Merit: 0
This is very good question on a large exchange I think there would be benefit from it because some investors,buyers will have confidence to participate in that businesses than Small so to listing on large exchange will  brings great benefit
member
Activity: 462
Merit: 11
a large exchange will give a big impact on the price and confidence of the crypto community. I often give opinions on forums when the ICO is made as much as possible as well as include the listing costs in a large exchange even though it is expensive, but investors, traders and many crypto players reside in large exchanges and they only believe when tokens or coins have entered
hero member
Activity: 1190
Merit: 641
I thought this thread is going to be a discussion about listing fees and big or small exchanges. But though you mentioned that you are not advertising this Pumapay, for sure you are holding it right? Idex is one of the most popular decentralized exchange so by being there you'll there thousands of active daily traders. Listing on a big exchange will surely give a coin the popularity and spread for that coin.
I do not have PMA tokens. I have long been not interested in ICO and do not advise anyone to invest there.
The PMA tokens from the very beginning traded cheaper than their price for the ICO.
This is a project that raised more than $ 100 million. Most other projects do not survive to listing on the exchange.
And other projects in the early days are very much falling in price.
Now the token is traded on 3 exchanges, but there is no result.
member
Activity: 392
Merit: 66
hitbtc   pump x2, x5, x10.... to the moon Cheesy   

No...

On the first day of trading, the price fell 2,6 times and did not rise much.

Poor investors ..
Puma Pay is not a scam.

Draw conclusions yourself.


Usually when a coin hits a big exchange the price goes up, not down. But in your case one possible conclusion would be that people who were investing during the iCO phase are now dumping their coins which can drive the price down. That and the market decline.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
I thought this thread is going to be a discussion about listing fees and big or small exchanges. But though you mentioned that you are not advertising this Pumapay, for sure you are holding it right? Idex is one of the most popular decentralized exchange so by being there you'll there thousands of active daily traders. Listing on a big exchange will surely give a coin the popularity and spread for that coin.
sr. member
Activity: 644
Merit: 250
I think that the drop in prices is not due to the listing of a new large stock exchange, but to a general decline in the market. All coins sank in price by 90% and this coin is no exception. And in general large exchanges are certainly good. These are large volumes of trades and various tools that facilitate the life of a trader.
hero member
Activity: 1190
Merit: 641
Many ICO save money and make a listing of tokens unpopular or decentralized exchanges.
And what if you spend money and make a listing on a major exchange? Pump, you tell me. But no Grin

Puma Pay has collected investments of 117,019,041 dollars. 
This is not advertising, ICO has already ended.

PumaPay enables payment methods common to daily life on the blockchain, which have so far been impossible with the technology behind  cryptocurrencies.
By bringing the flexibility of payment cards to the blockchain, PumaPay is the go-to solution for merchants worldwide.
Information taken from the official site( https://pumapay.io  )


Now the most interesting
Puma Pay made a a listing of tokens on the decentralized IDEX exchange.
The token was traded in the range of 0.000009-0.000012
https://idex.market/eth/pma


On August 8, a token was listed on https://hitbtc.com/PMA-to-ETH



hitbtc   pump x2, x5, x10.... to the moon Cheesy   

No...

On the first day of trading, the price fell 2,6 times and did not rise much.

Poor investors ..
Puma Pay is not a scam.

Draw conclusions yourself.
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