Is there any benefit of listing tokens on a large exchange? - page 2.

AAlex48

member

Activity: 336

Merit: 12

Quote from: markiz73 on September 12, 2018, 05:00:50 PM

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.

markiz73

hero member

Activity: 1190

Merit: 641

Quote from: sell my ac_________nt on September 13, 2018, 08:16:23 AM

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.

sell my ac_________nt

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.

aggress0r

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.

Indick123

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

pedangrusak

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

markiz73

hero member

Activity: 1190

Merit: 641

Quote from: bhadz on September 13, 2018, 01:28:31 AM

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.

Awesomus Maximus

member

Activity: 392

Merit: 66

Quote from: markiz73 on September 12, 2018, 05:00:50 PM

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.

bhadz

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.

oneidentity

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.

markiz73

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.

Topic: Is there any benefit of listing tokens on a large exchange? - page 2. (Read 277 times)