I think the initiators of the ICO project set the initial price themselves. Then traders on the crypto exchange start to raise or lower it.
This is clearly seen on decentralized exchanges, where the difference between buying and selling can be hundreds of percent.
Topic: When an ALT gets listed on exchange how is the price determined? - page 4. (Read 1226 times)
Hey guys,
Question I have is: once an ICO is over and later an ALT coin/token gets listed on exchange, how is the price of the ALT determined?
Is there for example a formula that is used by exchanges based on ICO sale price or is it just pure supply/demand? So in the case of the latter, does the exchange simply list the coin and let the buy/sell orders drive the price?
Also to add to this question, if an ICO decided to give away ALL it's coins/tokens as an airdrop, can it still be listed on exchange? Or that would not be possible?
Look forward to feedback on this.
Question I have is: once an ICO is over and later an ALT coin/token gets listed on exchange, how is the price of the ALT determined?
Is there for example a formula that is used by exchanges based on ICO sale price or is it just pure supply/demand? So in the case of the latter, does the exchange simply list the coin and let the buy/sell orders drive the price?
Also to add to this question, if an ICO decided to give away ALL it's coins/tokens as an airdrop, can it still be listed on exchange? Or that would not be possible?
Look forward to feedback on this.
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