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Topic: Reputable CEX/DEX for promising new coins? (Read 132 times)

member
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June 12, 2022, 12:42:32 PM
#16
In your experience what has been a reputable CEX/DEX for promising new coins with their own blockchain?

CEX and DEX both have a good reputation with their blockchain systems. For example, Ripple which has a CEX blockchain system, but also gains the trust of the public to invest even though it has had problems recently. Likewise with the DEX concept. Many projects are currently making DEX blockchain systems, but they add the number of coins in a different form, namely by developing coins in different blockchain systems, so the number of coins also increases even though on the initial blockchain they are fixed.
legendary
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for DEX, Pancake, and Uniswap, depending on the chain used from the coin. However, even though the list is there, it doesn't make the price of the coin pump up. It's normal for a project to list in the DEX.
however, if it is CEX, then it is binance and kucoin. As far as my experience goes, when a coin is listed on both exchanges, the price will go up. it proves that the two CEXs are very reliable in all aspects.
hero member
Activity: 1652
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You can't find layer 1 blockchain tokens on DEX because L1 tokens usually list first there token on Centralized Exchange or build there own DEX in there blockchain however you can participate on IDO launchpad to make sure you can buy L1 tokens on early stage.

Yep, you're right, it's impossible to find coins in DEX (unless the wrapped version). Usually they will build their own DEX ecosystem later, for example like Oasis Network (ROSE) which is the first layer blockchain, at first they don't have DEX until finally they have Yuzuswap as their first and official DEX.
legendary
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I’m not looking for any tokens on Ethereum or BSC but rather coins on their own blockchain as explained by MAAManda.
That you have to explain in the beginning what kind of coin you have mean because there are too many coins such as, Pow, Pos, dpos and etc. as I know coin with pow and pos is most popular, you can find it here by looking in views and reply. If i were you I'll see first the volume of CEX/DEX, normally new coins will have promising if the volume is step by step growing every day. but it also can not be used as a standard because all coins have to be paired with bitcoin, which follow the mother price.
hero member
Activity: 2268
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I rarely saw that on dex but cex may have used its own blockchain like gateio with its gate blockchain. Binance with its binance blockchain. I meant it's not the new coins were always using the blockchain from the exchange sites. The fact that if mostly of developers are using the blockchain that created by another party that didn't have affiliation with the exchange site ecosystem. So, this is a hard question to answer caused by i rarely seen exchange site that develop their own blockchain but i remember huobi with its heco chain has so many new tokens build on heco
hero member
Activity: 2954
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I’m not looking for any tokens on Ethereum or BSC but rather coins on their own blockchain as explained by MAAManda.

You can't find layer 1 blockchain tokens on DEX because L1 tokens usually list first there token on Centralized Exchange or build there own DEX in there blockchain however you can participate on IDO launchpad to make sure you can buy L1 tokens on early stage.

But some blockchain project still builds on Ethereum and migrate later on to there mainnet so Uniswap is still your best chance to grab this kind of tokens early or Gate.i/Kucoin for CEX. Binance usually list L1 tokens that has already huge trading volume so you shouldn't scout there but rather on mid tier exchange like what I mention.
sr. member
Activity: 1554
Merit: 413
Here the list

Decentralized Exchange
- BSC > PancakeSwap
- Polygon > Quickswap
- ETH > Uniswap
These are decent exchanges for tokens but cee2 is asking for coins that have their own blockchain.

Quote
Centralized Exchange : Binance Should been enough.
But do they list "promising new coins" as mentioned in the post. Binance is usually the "final" destination so not ideal to aim for it when starting.

Cee2, go to Coingecko and look for the top 10 or 15 centralized exchanges listed there. You should be able to find decent ones.
hero member
Activity: 1736
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Uniswap, for me is a decentralized DEX exchange platform that has gained high traction and popularity in the crypto world and particularly in the decentralized finance/DeFi space. Different from other exchanges in general, Uniswap's ability is very good in facilitating trade, including large trades, namely through the use of liquidity providers and liquidity pools and many coins born on the erc20 network mostly have good long-term potential.
hero member
Activity: 1652
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I’m not looking for any tokens on Ethereum or BSC but rather coins on their own blockchain as explained by MAAManda.

If you are looking for potential coins, of course you will find them on top tier exchanges such as Binance, FTX, KuCoin, Gate.io and Huobi. For example, like Binance, they have their own funding agency to fund potential projects running on their own network, for example, like Terra (LUNA) which recently collapsed.

FYI, Have you ever heard of 5irechain? they are one of the blockchain projects that are currently in the development stage. Even their coins are not yet circulating in the market. If you want to know more about them, you can check out their website here.

-snip-

-snip-

Guys, he's not looking for tokens, but is talking about a very potential CEX/DEX for coins running on his own network.
member
Activity: 70
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I’m not looking for any tokens on Ethereum or BSC but rather coins on their own blockchain as explained by MAAManda.
For Cardano's ecosystem there are several IDO, NFT, exchange and swap sites. You can explore the various options and offerings starting at:
https://www.cardanocube.io/
https://www.builtoncardano.com/
legendary
Activity: 1596
Merit: 1288
In your experience what has been a reputable CEX/DEX for promising new coins with their own blockchain?
It is impossible to succeed in promoting a currency with its own blockchain without having experience, so create a token on one of the famous blockchains with low fees.
Smart contracts on Ethereum are expensive, so those who are looking for cryptocurrency as an investment will avoid them, so look for BSC or Polygon.

  • For BSC it is  best to use PancakeSwap
  • For Polygon it is best to use Quickswap
  • For CEXs its best to have listing fees and Some criteria apply to your coin.
copper member
Activity: 97
Merit: 2
I’m not looking for any tokens on Ethereum or BSC but rather coins on their own blockchain as explained by MAAManda.
sr. member
Activity: 1722
Merit: 269
In your experience what has been a reputable CEX/DEX for promising new coins with their own blockchain?

As others in this thread already mentioned here in this thread, the biggest and most reputable DEX for the Ethereum Blockchain is Uniswap, for the binance smart chain it's pancakeswap and for polygon it's quickswap. You can never be 100% sure that such decentralized exchanges will always work or will never do a rugpull or something like that but with this 3 Dexes i think the chances for a bad experience are the slimmest.
That coins are launching on one of these swaps does not mean though that those coins are automatically promising and not a scam because everyone can list his own token on any Dex without being audited or something like that. So you still need to do your research on those tokens even if they list on the big Dexes.
hero member
Activity: 1652
Merit: 772
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In your experience what has been a reputable CEX/DEX for promising new coins with their own blockchain?

As far as I know Centralized Exchanges that list coins most frequently (with their own network) are DEX-Trade as well as XT. I found this out after following the $EMC project developed by @lightlord. at that point I saw that $EMC was easily listed there. Maybe you can try the steps taken by @lightlord.

-snip-

Isn't he talking about coins with their own network? and it seems the answer should be about CEX, I think it is very difficult to get into Binance, they will do a thorough research on what and how the project will be listed.
legendary
Activity: 2660
Merit: 1261
Here the list

Decentralized Exchange
- BSC > PancakeSwap
- Polygon > Quickswap
- ETH > Uniswap

Centralized Exchange : Binance Should been enough. All of these exchange already popular, for the volume trading is depends on the coin/token it self. Because each coin/token have their own fundamental.
copper member
Activity: 97
Merit: 2
In your experience what has been a reputable CEX/DEX for promising new coins with their own blockchain?
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