I want to know some information about bounty tokens here. What I want to know is - if a bounty sends me some of their tokens to wallet as payment, but the token is not an exchange list. I want to sell this token. ICO rate is given. In that case, can I exchange the token in the market? If there is any such information, I want to know. If there is, I want to learn the system. Give me information about this.
No, you can't sell if the token is not listed on any exchange yet, or even if the token is still ongoing in the IEO exchange, you still cannot sell the tokens. It is very common to happen that bounty rewards are not even listed in any exchange after the campaign ends. Or, you need to wait longer times in order to sell the tokens because sometimes, the team has a certain roadmap in which listing exchange may be in the next two or more months.
That is why before joining nay bounty, it is also important to consider their roadmap when they will list on exchanges and what exchanges will be their priority.
There's no way to sell a token if it is not yet in the market unless someone offers to buy it or you offer it to sell and there is a taker, I have a lot of coins that I have received but it failed to get in the market, so it becomes useless or shitcoin, this is the term investors are using if the coin cannot be traded.
Yeah, we can sell it P2P, but this is also difficult to find moreover if the project is not good enough and only a few people want to do it. And we must also be careful if going to sell the tokens to another person because it is also a risk to meet a scammer.