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Topic: Listing on exchanges is affecting projects too - page 2. (Read 476 times)

jr. member
Activity: 104
Merit: 1
I agree, it's crazy how these exchanges are charging projects for them to get listed. It can become a blocker for them especially if they don't have the funds yet to get in, anyways the amount you need to pay is nuts. It is true that one good exchange for a good project will be enough and what's important is how the coin will deliver to what they promised in the roadmap.

I also saw the news about Binance charging someone for $300,000 and 3% of their tokens.
full member
Activity: 1148
Merit: 116
Yes, there is such a problem, especially for new projects, lack of funds, careful selection by the exchanges themselves, all this greatly affects demand, and, as a result, the cost of coins, I think, the situation should change when the market recovers
Are you saying that exchanges that have too little trading volume will get better trading volume if or when market start recovering? damn! then there is many other things i still don't know about crypto yet even though ive been around for a while now
sr. member
Activity: 630
Merit: 250
new project often listed on a big exchange. i think project need to focus on their roadmap first than the listing on an exchange. Good project doesn't need a lot of exchange. one good exchange is enough.
legendary
Activity: 2450
Merit: 1047
thecryptocurrency.directory
Why is no one talking about price listing of exchanges? exchanges listing is becoming a huge problem for many start up projects, how can an exchange be demanding for 8btc to list? how will the projects have enough money to work on their roadmap? i think exchange problem is what many of us are not seeing and talking about...it would have been a different story for some projects that lacks funds
I agree that this is the reason why so many new coins are not going for a big exchange, they prefer to list on a second-grade exchange that charges a minimal fee, but if you have a coin that has a good concept, they might let you in with a big discount, and some big exchanges employ a voting requirements plus a small fee to get in.
sr. member
Activity: 2310
Merit: 366
Why is no one talking about price listing of exchanges? exchanges listing is becoming a huge problem for many start up projects, how can an exchange be demanding for 8btc to list? how will the projects have enough money to work on their roadmap? i think exchange problem is what many of us are not seeing and talking about...it would have been a different story for some projects that lacks funds

It was far harder in the past for coins to get listed on exchanges. The exchanges at least 3 years ago are very limited. Right now, projects could easily shop for a cheaper exchange to have their coins listed. There are a lot of lesser known exchanges right now with decent volume. Paying for an exchange listing should be a part of their plan if they want their coins to be accessible publicly. They cannot avoid that. A legit project don't take this as a problem. Only those who have no clear plans for the future will have a problem getting listed on an exchange simply because of listing fee. 
member
Activity: 406
Merit: 10
8 BTC is reasonable if the exchange is very large and already has enough users,
but not all of them pay 8 BTC, I've seen some exchanges have low costs for listings, for example stex, and of course there are quality and quality prices, stex is not like binance, but at least it could be an alternative with not quite expensive cost.

Binance would probably ask for more than a million dollars to be listed there. Even small exchanges charge HUGE amounts of money. Cryptopia charged 10 BTC when they where running. That's when BTC was at 14k btw.. That's $140k.. That's insane.

Decentralized exchanges is the future. That's where I'm putting my money. Sick and tired of exchange hacks (Never was a victim, thank god), exchange scandals, (Blocknet and Binance, holy shit what a shitfest). KYC enforcement, frozen wallets, etc. etc...

Sadly most of the DEX solutions we have right now, sucks, and lacks liquidity and volume. Hopefully Stakenet's Lightning DEX, will solve all of this. Do your own research, but their advantages is:

NO KYC
NO registration
Instant Trading
Virtually 0 Fees
100% Anonymity
100% Security

Everything a centralized exchange offers, just with added security.

My hate towards Binance is enourmous, they are a bunch of crooks, fooling everyone. Their "Binance DEX" is NOT a DEX at all. When you've got a DEX where all the nodes is owned by the same person (Binance) it's NOT a DEX.

One thing is for sure, these exchanges demanding TONS of money isn't getting my business.
legendary
Activity: 1862
Merit: 1015
8 BTC is reasonable if the exchange is very large and already has enough users,
but not all of them pay 8 BTC, I've seen some exchanges have low costs for listings, for example stex, and of course there are quality and quality prices, stex is not like binance, but at least it could be an alternative with not quite expensive cost.
full member
Activity: 593
Merit: 100
BBOD The Best Derivatives Exchange
Everyone invests in projects because they want to get profits after that project's tokens listed on exchanges. Last listed on the exchange it is always the wish of the investor. Requests listed on the list always prioritised, which also affects the development of projects.
sr. member
Activity: 1008
Merit: 355
Why is no one talking about price listing of exchanges? exchanges listing is becoming a huge problem for many start up projects, how can an exchange be demanding for 8btc to list? how will the projects have enough money to work on their roadmap? i think exchange problem is what many of us are not seeing and talking about...it would have been a different story for some projects that lacks funds

Yes, we should be talking about the hefty price that a start-up project has to pay inorder to be listed in a good exchange. Actually, exchanges are always offering projects an easy chance to get listed but the fees can really be insurmountable that is why there had been many projects that failed to get past the exchange listing and just died a natural death. Maybe it is time that exchanges should also realize to make their fees reasonable and this has become a big milking cow for them. I am just not sure how we can help this problem, as just ordinary participants in the cryptocurrency marketplace.
full member
Activity: 882
Merit: 100
Why is no one talking about price listing of exchanges? exchanges listing is becoming a huge problem for many start up projects, how can an exchange be demanding for 8btc to list? how will the projects have enough money to work on their roadmap? i think exchange problem is what many of us are not seeing and talking about...it would have been a different story for some projects that lacks funds
Yes, and if the project does not have enough money to list, then the project may be stopped because the community will think they are scammer. A lot of projects in 2018 and 2019 died because of lack of funding
legendary
Activity: 3080
Merit: 1353
Why is no one talking about price listing of exchanges? exchanges listing is becoming a huge problem for many start up projects, how can an exchange be demanding for 8btc to list? how will the projects have enough money to work on their roadmap? i think exchange problem is what many of us are not seeing and talking about...it would have been a different story for some projects that lacks funds

No one is talking about it because it's not our concern. I mean it's the project responsibility, that's why we have to check in their roadmap as to what exchanges they are going to supposedly list their exchange and we follow up on them as to what are the status. I'm sure they pretty know how much money is going to be involved listing their tokens to at least a mid tier exchanges.

As for exchanges demanding 8 BTC, it's a business, you are using their platform and their names to make your product a success so I don't see anything wrong with that. If a product lack the needed funds you can't blame exchanges for that.
hero member
Activity: 1372
Merit: 647
Just because you didn't see a thread about it doesn't mean no one is talking about it. The issue is commonly being discussed on telegram groups, when people demand to the team the exchange listings. Those legit projects that haven't had enough funds to list in big exchanges start to list their coin/token in a smaller one. They don't need to use all their funds to list in a big exchange on their start up, the project development is the top priority.

Big exchanges commonly demand for a high listing fee, well because of the higher volume too.
member
Activity: 596
Merit: 10
Therefore, projects are forced to listing on smaller exchanges, because they are cheaper. This of course affects the project, but the team will have an incentive to try harder in the development of their project, so that they can then afford a listing on a large exchange.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
we have already talked about this in the past and even a crap exchange site with full manipulation has already charged more than 11 bitcoin as listing fees.
As far as i know, some projects are using the funds that already collected from investors to pay the exchange site.
But this is speculation only consider about exchange site is not transparent about that and about the agreement between exchange site and ICO or IEO itself and we didn't know about that
hero member
Activity: 2632
Merit: 546
Why is no one talking about price listing of exchanges? exchanges listing is becoming a huge problem for many start up projects, how can an exchange be demanding for 8btc to list? how will the projects have enough money to work on their roadmap? i think exchange problem is what many of us are not seeing and talking about...it would have been a different story for some projects that lacks funds

I don't think that it's a problem, the problem becomes evident if project doesn't raise enough funds to list their tokens on a reputable exchanges. If that is the case then they are either force to list it on some shitty and shady exchanges or delay the listing and wait for more funds to come in. But since there are huge pressures from investors and bounty hunters calling them scam if they don't list on exchange based on what they promise,  they quickly work on some unknown exchanges and the result is a total disaster.
jr. member
Activity: 420
Merit: 3
Why is no one talking about price listing of exchanges? exchanges listing is becoming a huge problem for many start up projects, how can an exchange be demanding for 8btc to list? how will the projects have enough money to work on their roadmap? i think exchange problem is what many of us are not seeing and talking about...it would have been a different story for some projects that lacks funds
This is one of the reasons why most of the projects prefer to list on smaller exchanges and some go too the extent of listing on exchanges that allow free listing. The amount the bigger exchange charge are sometimes unimaginable. They also know this, but that stops nothing and it does not change anything.
member
Activity: 406
Merit: 10
If a project doesn't have enough funds to list on a big exchange they can always list on smaller exchanges first then list on bigger exchanges later when they have the funds.
hero member
Activity: 2660
Merit: 509
Leading Crypto Sports Betting & Casino Platform
Exchange need money and the little project really in need to be listed on a popular exchanges but unfortunately that's not that easy. But there's always this decentralized exchange that's really useful for a small project that usually lacking the fund or not listed on any exchanges at all.
The big exchanges doing so because they want the best crypto to be listed into their exchange site and at the same time gaining profit. most of the popular exchanges will delist coin with low 24h trading volume so there's no point listing a project with low capitalization.
legendary
Activity: 2842
Merit: 1253
Cashback 15%
I can see how hard it is for a small project to be listed on an exchange.  Way back years ago, there are lots of exchanges that offers free listing or have the community to vote for the next cryptocurrency to be listed on their exchange, but it seems somehow that kind of practice is not existing anymore and if ever it existed, the exchange themselves added an extra demand for that winning cryptocurrency to be finally listed on their exchange.  One example is Binance issue with Digibyte. 

It maybe easy for those who collected 10 millions of dollars to belisted on big exchange but how about those who just collected a million or two, for sure they would rather spend the fund for development than paying for bigger exchanges. 

Sadly as it is, most of these exchanges aren't helping matters as they care only about their own cut while it is the community that most times pushes the team into taking such steps. A good team should always have their plan, listen to the community but not in all cases and also does not mean they have to list on a shit exchange; there are good exchangea which can help kick off a project after which the team can consider listing on higher exchanges. The aim is always to grow a project not to kill it through paying unnecessarily for listing.

Agreed 100%.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
Sadly as it is, most of these exchanges aren't helping matters as they care only about their own cut while it is the community that most times pushes the team into taking such steps. A good team should always have their plan, listen to the community but not in all cases and also does not mean they have to list on a shit exchange; there are good exchangea which can help kick off a project after which the team can consider listing on higher exchanges. The aim is always to grow a project not to kill it through paying unnecessarily for listing.
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