Topic: Question about crypto exchange (Read 218 times)

Hi, I'm new here. I want to know that which exchanger is good for exchanging Erc20 tokens?

Hi, I'm new here. I want to know that which exchanger is good for exchanging Erc20 tokens?

Binance is a reliable option if you are looking for a centralized exchange, although they may not have the most listing pairs given the fact that they have quite stringent rules for what coins will be listed. But what are listed will be liquid markets.

If you are looking for a DEX, I think that your best bet is probably Idex at the moment. They have a relatively high volume for a decentralized exchange.

But really, you need to be more specific about what you want to trade. Try searching up your ERC20 token on cryptocompare, and then going through the listed exchanges. They have quite comprehensive reviews for each exchange also.

Hi, I'm new here. I want to know that which exchanger is good for exchanging Erc20 tokens?

Did the requirement change in recent months makes it more difficult? Most big volume exchanges didn't add new coin this year and some successful ICO couldn't make their way into exchange even with the available money.

Submitting a request on Bittrex requires all of the following info:

– Your coin name: self-explanatory.

– Enhanced Verified Account: a team member or shareholder holding more than 10% of the company, must have their identity verified on Bittrex. As with Poloniex, this saves the team time vetting.

– Description of your coin: What makes your currency different than the hundreds of others floating around? The Bittrex website warns “If your ANN thread only has coin specs on it, you are not going to get listed on Bittrex.” Have a clear mission and pitch.

– Coin Trading symbol: a 3-5 letter ticker that will represent your coin forever. No numbers allowed.

– A coin logo: Must be submitted in PNG format with a transparent background. Bitcoin’s orange tilted B is ubiquitous worldwide. You should have a slick-looking logo.

-A launch date: if your coin will or already ran an ICO.

-Github link: Bittrex requires the source code for their due diligence. They will not accept binary.

Additional questions required are: the max money supply, other exchanges you’re listed on, the official blockchain explorer, the TxFee, the results of a premine (if there was one), how money was raised, and links to your company’s social media.

ETH tokens require a few additional notes. If you’re launching a token through Ethereum and had the code on your smart contract reviewed, Bittrex wants to see those results, as well as your smart contract address.

Well, a lot of exchanges ask for a certain amount of money for them to list your coin in their exchange. Secondly,the exchanges do their background check of the projects, and check how legit they are, how useful they are, and their community etc.

This should pretty much summarize things: https://blog.goodaudience.com/how-to-list-your-cryptocurrency-on-exchange-b673215d3204

I think it's not alternatively, it is more important. When you try to sell the erc20 token on an exchange, can be going hard if there is a low trading volume. Of course, there it can be a restriction per exchange, depend on from which country they coming.
So, trading volume is a number-one parameter for exchange choice.

Probably Binance[1] if the tokens you're planning on trading is supported.

If you're planning on trading those tokens that are lesser known though, do some research on DEXs.

Alternatively, you can see which exchanges certain coins trade on by looking the up the token on Coinmarketcap[2], and clicking on the "Markets" tab. The exchanges will then be listed below:

https://i.imgur.com/TO7GyYm.png

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[1] https://binance.com/
[2] https://coinmarketcap.com/

Hi, I new here. I want to know that which exchanger is good for exchanging Erc20 tokens?

Hi, I new here. I want to know that which exchanger is good for exchanging Erc20 tokens?

I also got a question about exchanges that I dont want to start a thread with: its about what are the difficult requirements that turns most projects down from listing, even for low volume exchanges,

~snip~

I write once about the fake trade volume, only a few of them work clearly and provide regular data.
Here is some analytics https://docs.google.com/spreadsheets/d/13_L5V9elxQ3xps62BeYVyr_Wu-9vfyAyN5tGqLNoV9Y/edit#gid=1415549973 from  https://thetie.io

Yep. Hence why I asked OP to do research on DEXs, and not just pick random ones; because exchanges can easily fake trading volume that is shown on Coinmarketcap that's why we see some random unknown exchanges close to the top of the list.

Alternatively, you can see which exchanges certain coins trade on by looking the up the token on Coinmarketcap[2], and clicking on the "Markets" tab. The exchanges will then be listed below: