So much coins at crypto world and already so much coins at exchanges. More coins result dividing of the volume. While some exchanges delist some coins, Binance as the leading exchange preferred removing some trading pairs at some coins, which is good for trading volume.
And Binance announced that for listing they bring back the Community Vote System for listing new coins. They changed rules for the advantages of BNB holder. BNB holders can only vote the coins and they will get airdrop rewards if their coin wins.
Topic: It's going to get harder for alts to list on the big exchanges - page 3. (Read 568 times)
October 04, 2019, 03:54:33 PM
October 04, 2019, 03:36:09 PM
Its very possible. projects will not just pay for listing fee but will also pay for them to be defined by the council, meaning discussed in the council table.
Binance must be in that "OTHERS" because obviously they rely to binance decision when they delist BSV. and yet they are now creating this Crypto Rating Council?
Binance must be in that "OTHERS" because obviously they rely to binance decision when they delist BSV. and yet they are now creating this Crypto Rating Council?
It's definitely mysterious as to why some alts get listed and others don't.
For example, they've given Ripple a rating. Why? Does anyone in the real world anywhere actually use Ripple? Or are they listed just because they have well-connected developers and a marketing board?
October 04, 2019, 03:26:10 PM
Now a days when projects are struggling to reach their hard cap(even soft cap in some cases), due to huge fees and less funds availability, its very difficult to get listed for these projects on big exchanges. And in addition to that, the mentioned criteria fulfillment will be very much hectic to projects.
Only genuine projects with big investments can achieve listing on renowned exchanges.
Only genuine projects with big investments can achieve listing on renowned exchanges.
October 04, 2019, 03:23:48 PM
I think this is good in the long run. Now developers will need to perform their best and not just produce a quick token here and there just to make a quick money.
I think this is born out because of the strict law of US SEC, if you just haven't notice there's a lot of cases being filed by SEC to those project which is deem as STO. So I'm in with this one and I'm sure everyone will benefit from this move and it will be positive.
I think this is born out because of the strict law of US SEC, if you just haven't notice there's a lot of cases being filed by SEC to those project which is deem as STO. So I'm in with this one and I'm sure everyone will benefit from this move and it will be positive.
October 04, 2019, 03:22:30 PM
Its very possible. projects will not just pay for listing fee but will also pay for them to be defined by the council, meaning discussed in the council table.
Binance must be in that "OTHERS" because obviously they rely to binance decision when they delist BSV. and yet they are now creating this Crypto Rating Council?
Binance must be in that "OTHERS" because obviously they rely to binance decision when they delist BSV. and yet they are now creating this Crypto Rating Council?
October 04, 2019, 03:00:53 PM
There are not so much really innovative alts
October 04, 2019, 02:59:31 PM
No its not going to be hard for altcoins to get listed on big exchange because i bet not all exchanges will follow this procedure, only bad developers will get disturbed by this, its not a bad idea though but at the same time this is not a solution to scam projects tormenting crypto space
October 04, 2019, 02:34:45 PM
I think ithis change is for good. Cause we saw many scams. And more than that many dead projects. If a alt in not secure then its better to keep distance form that. I think now devs or team of the alts will be more responsible to great good project. Earlier a bad project could list if they have enough money. But that not gonna happen now.
October 04, 2019, 02:11:52 PM
See the following:
https://www.forbes.com/sites/billybambrough/2019/09/30/bitcoin-giants-coinbase-circle-kraken-bittrex-grayscale-and-others-band-together-to-rate-tokens/#68441bac7a01
So in addition to paying them a lot to get listed, the developers of new alts need to jump through these new opaque hoops.
All i notice on the list are just coinbase and bittrex still i don't see binance,huobi, kucoin,gate, and all others so this is not a big fix at all compared to if all exchange do the same thing but i am in support, anything that will make garbage coins disappeared off crypto space i am totally in https://www.forbes.com/sites/billybambrough/2019/09/30/bitcoin-giants-coinbase-circle-kraken-bittrex-grayscale-and-others-band-together-to-rate-tokens/#68441bac7a01
Quote
Now, bitcoin trading and investment giants Anchorage, Bittrex, Circle, Coinbase, DRW Cumberland, Genesis, Grayscale, and Kraken have banded together to create the Crypto Rating Council in order to better decide which digital assets can and cannot be traded on their platforms.
The group have created what they call a "scalable, points-based rating system" to help define whether a cryptocurrency is or is not a security.
The system will use a set of several dozen questions, "derived directly from SEC guidance and case law."
"We also worked hard to focus our framework on objective, repeatable, fact-driven questions that can be answered consistently by technical experts across different assets and over time," Coinbase wrote in a blog post announcing the council.
The system will give bitcoin and similar digital tokens a score between one and five, with a score of one meaning the council’s independent analysis suggests the asset has few or no characteristics consistent with a traditional regulated security.
The group have created what they call a "scalable, points-based rating system" to help define whether a cryptocurrency is or is not a security.
The system will use a set of several dozen questions, "derived directly from SEC guidance and case law."
"We also worked hard to focus our framework on objective, repeatable, fact-driven questions that can be answered consistently by technical experts across different assets and over time," Coinbase wrote in a blog post announcing the council.
The system will give bitcoin and similar digital tokens a score between one and five, with a score of one meaning the council’s independent analysis suggests the asset has few or no characteristics consistent with a traditional regulated security.
So in addition to paying them a lot to get listed, the developers of new alts need to jump through these new opaque hoops.
October 04, 2019, 01:41:55 PM
this is good for the crypto market. I support the steps taken by the big exchange. in the future only altcoin that has a good ranking, which listings in large exchanges. This makes the market grow better, compared to the current altitude shit lots that are in large exchanges. and altcoin shit doesn't even have an impact on the crypto market.
I also agree with this.
As you said, this is indeed very good for the crypto market. The more difficult the project to enter the exchange because of the conditions or regulations applied, then each project will try to make the project run in order to be listed on a large exchange. Whatever the steps are, I fully agree.
October 04, 2019, 01:22:30 PM
this is good for the crypto market. I support the steps taken by the big exchange. in the future only altcoin that has a good ranking, which listings in large exchanges. This makes the market grow better, compared to the current altitude shit lots that are in large exchanges. and altcoin shit doesn't even have an impact on the crypto market.
October 04, 2019, 12:45:47 PM
See the following:
https://www.forbes.com/sites/billybambrough/2019/09/30/bitcoin-giants-coinbase-circle-kraken-bittrex-grayscale-and-others-band-together-to-rate-tokens/#68441bac7a01
So in addition to paying them a lot to get listed, the developers of new alts need to jump through these new opaque hoops.
https://www.forbes.com/sites/billybambrough/2019/09/30/bitcoin-giants-coinbase-circle-kraken-bittrex-grayscale-and-others-band-together-to-rate-tokens/#68441bac7a01
Quote
Now, bitcoin trading and investment giants Anchorage, Bittrex, Circle, Coinbase, DRW Cumberland, Genesis, Grayscale, and Kraken have banded together to create the Crypto Rating Council in order to better decide which digital assets can and cannot be traded on their platforms.
The group have created what they call a "scalable, points-based rating system" to help define whether a cryptocurrency is or is not a security.
The system will use a set of several dozen questions, "derived directly from SEC guidance and case law."
"We also worked hard to focus our framework on objective, repeatable, fact-driven questions that can be answered consistently by technical experts across different assets and over time," Coinbase wrote in a blog post announcing the council.
The system will give bitcoin and similar digital tokens a score between one and five, with a score of one meaning the council’s independent analysis suggests the asset has few or no characteristics consistent with a traditional regulated security.
The group have created what they call a "scalable, points-based rating system" to help define whether a cryptocurrency is or is not a security.
The system will use a set of several dozen questions, "derived directly from SEC guidance and case law."
"We also worked hard to focus our framework on objective, repeatable, fact-driven questions that can be answered consistently by technical experts across different assets and over time," Coinbase wrote in a blog post announcing the council.
The system will give bitcoin and similar digital tokens a score between one and five, with a score of one meaning the council’s independent analysis suggests the asset has few or no characteristics consistent with a traditional regulated security.
So in addition to paying them a lot to get listed, the developers of new alts need to jump through these new opaque hoops.
isn't this good, I hope they can give an appropriate assessment. they should have done this long before the crypto market collapsed. but no problem, for sure in the future we will not see altcoin shit in a big exchange.
October 04, 2019, 11:40:46 AM
This is good to do like they really study if the alts will get list or be help by their big exchanges because many really turn scam or hack only
So base in this then i think this can turn more trust about the new alts in many big exchanges like crypto market will really grow by this like many users,traders and investors will do risk or invest here in crypto
They probably did this because they have a reason also and for the seek to build a more trusted crypto environment.So base in this then i think this can turn more trust about the new alts in many big exchanges like crypto market will really grow by this like many users,traders and investors will do risk or invest here in crypto
What SEC emphasize is to be one of the reliable market design and those questionable crypto coins could be hung outside. It is also a part of every crypto developers to show that they can be trusted and they are worthy to be listed with known market exchanges.
Cause a numerous project today worth nothing and what SEC have to do is to keep traders and investors away from being scam or lose their money because of this shit projects.
October 04, 2019, 11:25:57 AM
See the following:
https://www.forbes.com/sites/billybambrough/2019/09/30/bitcoin-giants-coinbase-circle-kraken-bittrex-grayscale-and-others-band-together-to-rate-tokens/#68441bac7a01
So in addition to paying them a lot to get listed, the developers of new alts need to jump through these new opaque hoops.
https://www.forbes.com/sites/billybambrough/2019/09/30/bitcoin-giants-coinbase-circle-kraken-bittrex-grayscale-and-others-band-together-to-rate-tokens/#68441bac7a01
Quote
Now, bitcoin trading and investment giants Anchorage, Bittrex, Circle, Coinbase, DRW Cumberland, Genesis, Grayscale, and Kraken have banded together to create the Crypto Rating Council in order to better decide which digital assets can and cannot be traded on their platforms.
The group have created what they call a "scalable, points-based rating system" to help define whether a cryptocurrency is or is not a security.
The system will use a set of several dozen questions, "derived directly from SEC guidance and case law."
"We also worked hard to focus our framework on objective, repeatable, fact-driven questions that can be answered consistently by technical experts across different assets and over time," Coinbase wrote in a blog post announcing the council.
The system will give bitcoin and similar digital tokens a score between one and five, with a score of one meaning the council’s independent analysis suggests the asset has few or no characteristics consistent with a traditional regulated security.
The group have created what they call a "scalable, points-based rating system" to help define whether a cryptocurrency is or is not a security.
The system will use a set of several dozen questions, "derived directly from SEC guidance and case law."
"We also worked hard to focus our framework on objective, repeatable, fact-driven questions that can be answered consistently by technical experts across different assets and over time," Coinbase wrote in a blog post announcing the council.
The system will give bitcoin and similar digital tokens a score between one and five, with a score of one meaning the council’s independent analysis suggests the asset has few or no characteristics consistent with a traditional regulated security.
So in addition to paying them a lot to get listed, the developers of new alts need to jump through these new opaque hoops.
If I'm not mistaken, I think most of those alts will still be eligible to list on those large exchanges as long as it is not categorized as a security - which is covered by regulating bodies such as SEC and may have to comply with certain requirements as mandated by existing laws and regulations (in other words, it has too many red tape).
So far, I understand that article pertains to the creation of CRC - Crypto Rating Council to categorized any crypto as a security or not via a rating method. Interestingly, Bitcoin was given a rating of 1 - meaning to say it is less likely to be a security and so does other cryptos because if a crypto is indeed considered as a security, exchanges will have to undergo regulatory compliance prior to a tokens listing and that I think exchanges are trying to avoid with.
Here is the link for a similar topic for reference: https://bitcointalksearch.org/topic/m.52605858
October 04, 2019, 11:23:16 AM
Actually this helps investors a lot, especially when choosing an Altcoins to invest their money with. they will no longer need to fear for a sudden dump of the fake altcoins, you know what I mean those pump and dump coins are used to make people invest them turn their investment into dust.
because after the dump the coins will no longer usable cause there will be no longer updated and development and the volumes will stay low all the time. with this new rule being implemented all of the new coins will be listed on the big exchange will be worth to invest our money with. If they have a real project and some real plan on their whitepapers.
because after the dump the coins will no longer usable cause there will be no longer updated and development and the volumes will stay low all the time. with this new rule being implemented all of the new coins will be listed on the big exchange will be worth to invest our money with. If they have a real project and some real plan on their whitepapers.
It doesn't sound like this is group is formed for that purpose. They are mainly giving a tool to predict if some tokens/coins are going to be securities or not, and to help with the regulatory system. Pump and dump coins are a whole different problem.
October 04, 2019, 11:13:57 AM
Actually this helps investors a lot, especially when choosing an Altcoins to invest their money with. they will no longer need to fear for a sudden dump of the fake altcoins, you know what I mean those pump and dump coins are used to make people invest them turn their investment into dust.
because after the dump the coins will no longer usable cause there will be no longer updated and development and the volumes will stay low all the time. with this new rule being implemented all of the new coins will be listed on the big exchange will be worth to invest our money with. If they have a real project and some real plan on their whitepapers.
because after the dump the coins will no longer usable cause there will be no longer updated and development and the volumes will stay low all the time. with this new rule being implemented all of the new coins will be listed on the big exchange will be worth to invest our money with. If they have a real project and some real plan on their whitepapers.
October 04, 2019, 11:07:59 AM
This should have been implemented a long time ago. The reason why the exchanges are full of shitcoins is that most of them do not have a high standard set for listing. Perhaps the hardest part is the very expensive fees charged by the top exchanges but apart from that everything could be haggled between the developers and the exchanges. But oftentimes coins with big names in the crypto world are listed automatically, others are invited. That is how the exchanges are also attracting solid traders and investors.
October 04, 2019, 10:41:38 AM
It will provide developments for the advancement of cryptocurrency in market. Of course, new altcoin must be able to prove it, whether it is worthy to compete in market or not.
October 04, 2019, 10:28:14 AM
Dash added to Coinbase
Dash added to Coinbase Pro
Dash listed among other coins for future integration on Binance US
Dash listed on Cointrade.cx (a rapidly growing Brazilian exchange)
Dash listed on Vaultoro (cryptocurrency and gold trading service)
Dash listed on Bibox (cryptocurrency exchange servicing primarily Asian markets)
Dash listed on Smart Valor (Swiss cryptocurrency exchange and security token platform)
Dash listed on NovaDAX (cryptocurrency exchange from Brazil)
Dash listed on TurtleNetwork DEX (Decentralized Exchange)
Dash listed on Bitasset (Hong Kong-based cryptocurrency exchange)
Dash listed on CriptoLAGO (state-licensed cryptocurrency exchange in Venezuela)
This is all from just the last 4 weeeks..
Maybe some altcoins have difficulty getting listed on big exchanges, but not Dash.
Dash added to Coinbase Pro
Dash listed among other coins for future integration on Binance US
Dash listed on Cointrade.cx (a rapidly growing Brazilian exchange)
Dash listed on Vaultoro (cryptocurrency and gold trading service)
Dash listed on Bibox (cryptocurrency exchange servicing primarily Asian markets)
Dash listed on Smart Valor (Swiss cryptocurrency exchange and security token platform)
Dash listed on NovaDAX (cryptocurrency exchange from Brazil)
Dash listed on TurtleNetwork DEX (Decentralized Exchange)
Dash listed on Bitasset (Hong Kong-based cryptocurrency exchange)
Dash listed on CriptoLAGO (state-licensed cryptocurrency exchange in Venezuela)
This is all from just the last 4 weeeks..
Maybe some altcoins have difficulty getting listed on big exchanges, but not Dash.
October 04, 2019, 10:08:18 AM
It should be noted if that will be applied for US-based exchange sites. We know that there's a lot of US-based exchange sites, but they are not so popular as they were in the past.
But it looks like the bad news is not only coming for the new alts, but it seems like there will be a lot of coins that already listed will not pass the Howey test as the standard to determine is that a security coin or not.
I believe there will be a massive wave of delisting comes from those exchange sites.
Someone with me about this?
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