It's okay IMO to list shitcoins as long as you can actually short them. Shorting shitcoins can be very profitable.
As far as I'm aware, there are just two exchanges that allow you to short shitcoins.
One is FTX, other is Mushino
They both have index futures where you can short multiple shitcoins at once.
Topic: Why are exchanges still listing shitcoins? - page 4. (Read 1448 times)
All that matters is that they get paid by the project "CEOs" to list their coin/token, and that they could earn money off the trading fees of the coin/token's trading pairs. I'm pretty sure a lot of exchanges don't give a single crap if a certain project is even legitimate or not, as long as they could earn money.
It is really because of profit but there are exchanges that have parameter and rrquired feature first before they list a new coin in their exchanges. It is just normal but we should always be careful when we are trading a certain coin. I do not buy quickly when a new coin got listed in an exchange because there is no data that are available in order for me to analyze it very well. I still prefer to trade cryptocurrencies that have high volume and market capitalization. 
Why do you think exchanges are still listing shitcoins? Do you think there are some advantages to having a bunch of shitcoins on an exchange?
Exchanges are willing to list clear scams with fake teams and plagiarized whitepapers, let alone "legit" shitcoins, and only reason is money, and ignorance of average crypto investor.The main problem is not that exchanges place bad coins on their platforms, but that such coins generally enter the market.
Indeed, without proper funding, the project will not have money even to pay for listing on a bad exchange.
I don't think that's necessarily true, that shitcoins are still listed on the exchanges because they managed to raise a lot of funds. Back in 2017 this was probably true, as basically any shit project managed to raise few million USD, but situation changed now, and most of the projects never comes even close to reaching soft cap.Indeed, without proper funding, the project will not have money even to pay for listing on a bad exchange.
Shit projects are now capable of doing IEO and getting listed for a few BTC, and they are willing to invest their own money into it as they know that they will manage to get their money back and make nice profit by unloading their worthless tokens/coins onto clueless traders.
If that certain exchanges listing shitcoins, it reflects their image and becomes shit exchanges as well.
It is all about the money that brought these shitcoins into a place that nothing will give some interest to look at. Investors are now picky into what project, a platform they'll going to put their money. And of course, nobody would take the risk of investing those coins that never have market volume.
Moreover, being listed is not the assurance of getting benefits from it unless there is a buying and selling event happen, and what it means that this project is alive and meant for good.
It is all about the money that brought these shitcoins into a place that nothing will give some interest to look at. Investors are now picky into what project, a platform they'll going to put their money. And of course, nobody would take the risk of investing those coins that never have market volume.
Moreover, being listed is not the assurance of getting benefits from it unless there is a buying and selling event happen, and what it means that this project is alive and meant for good.
This is a genie that'll never go back in the bottle. I expect there to be untold amounts of obscure exchanges in future. There'll always be a near infinite number of stupid people willing to take a bet and an untold number of people willing to supply their delusion.
It'll take place in largely ignored corners of the internet but they will always be out there from now on. It doesn't matter if a small number of well run exchanges dominate the world. There's always an outlier and always people who think they've stumbled across the 'next Bitcoin' hiding in the shadows.
Get used to it. It's only hotting up from here.
It'll take place in largely ignored corners of the internet but they will always be out there from now on. It doesn't matter if a small number of well run exchanges dominate the world. There's always an outlier and always people who think they've stumbled across the 'next Bitcoin' hiding in the shadows.
Get used to it. It's only hotting up from here.
Sure, they (the exchange) benefit from shitcoin because the list costs are quite large, so I think the exchange does not think about the quality of the project and only think about profits. It's very rare for a really tight exchange to list a token/coin, as far as I know is that Binance can't list all the projects there.
depend on the exchange there are exchange looking only for a quality project even you have funds for listing they will double check if you will have enough liquidity to list in thier exchange.Mostly small and unknown exchange only accepting shitcoins because of listing fees.
Latoken,P2PB2B,Exrates.io,Fatbtc,VinDax,Dcoin these are so lower scheme exchanges and enough to destroy good projects.
Exchanges cant stop them from doing that because its money and of course you can see many shitcoins on a shit exchanges, this is the big difference on a best exchange compare to a shit one. If a coin can pay for the listing then they can do it, but they wont last here in the market.
Someone has to do it, because there is money in it - from the perspective of a certain exchange, there isn't much cons in listing 1000 coins there. Every transaction equals fee, every withdrawal is fee, it's all about money. Fortunately, we have at least a small control of it, because of the pressure users can put on a platform.
It is obvious that exchange list them as they get listing amount other than that they will list only those coin which have high volume. Generally new exchange list shitcoin as they are looking to get revenue and when they get enough exchange volume they increase their standard.
Sure, they (the exchange) benefit from shitcoin because the list costs are quite large, so I think the exchange does not think about the quality of the project and only think about profits. It's very rare for a really tight exchange to list a token/coin, as far as I know is that Binance can't list all the projects there.
depend on the exchange there are exchange looking only for a quality project even you have funds for listing they will double check if you will have enough liquidity to list in thier exchange.Mostly small and unknown exchange only accepting shitcoins because of listing fees.
They don’t care about the coins their listing whether it’s a good coin or a shit coin, all they want to do is to collect the money and that’s it. That’s why when you check most of these low exchanges mainly what you will be seeing there are coins that are heading nowhere. That’s why anyone that’s investing in investing in cryptocurrency should make sure they are using bigger and trusted exchanges that has already made a name for themselves.
The main problem is not that exchanges place bad coins on their platforms, but that such coins generally enter the market.
Indeed, without proper funding, the project will not have money even to pay for listing on a bad exchange.
So the culprits of this whole situation are investors who for one reason or another give their money to projects that are subsequently useless for the market.
As a rule, the reason for investing in such projects is financial interest. Look at the list of top coins.
A huge number of mediocre projects received their funding from us. The problem is not in bad projects, but in people who invest in them.
Good point the problem is how investors choose projects and how they deal with their interest, shitcoins still exists since investors still playing with their fate. Gambling with uncertain project and try their luck if the coin that being listed will work for them and bring them benefits. No assurance but they're willing to take the gamble.Indeed, without proper funding, the project will not have money even to pay for listing on a bad exchange.
So the culprits of this whole situation are investors who for one reason or another give their money to projects that are subsequently useless for the market.
As a rule, the reason for investing in such projects is financial interest. Look at the list of top coins.
A huge number of mediocre projects received their funding from us. The problem is not in bad projects, but in people who invest in them.
They are very valid points of view, although there is something much more internal to see that they continue to list more and more shitcoins, and it is the business model that exists in an Exchange, just imagine that through the Exchange it is well known at what levels are resistances and supports, just having that information is already a great advantage over any trader. In addition, Market Makers packages are very lucrative, only when they meet the quota for shitcoins owners and everyone wins.
The main problem is not that exchanges place bad coins on their platforms, but that such coins generally enter the market.
Indeed, without proper funding, the project will not have money even to pay for listing on a bad exchange.
So the culprits of this whole situation are investors who for one reason or another give their money to projects that are subsequently useless for the market.
As a rule, the reason for investing in such projects is financial interest. Look at the list of top coins.
A huge number of mediocre projects received their funding from us. The problem is not in bad projects, but in people who invest in them.
Indeed, without proper funding, the project will not have money even to pay for listing on a bad exchange.
So the culprits of this whole situation are investors who for one reason or another give their money to projects that are subsequently useless for the market.
As a rule, the reason for investing in such projects is financial interest. Look at the list of top coins.
A huge number of mediocre projects received their funding from us. The problem is not in bad projects, but in people who invest in them.
Hi Everyone!
I was recently browsing through Twitter when I saw BitMart list TSL. After digging around the internet for a while, I couldn't find anything. Not a website, github page, facebook page... nothing.
I wrote an article about this experience and I would love to hear what you think. Why do you think exchanges are still listing shitcoins? Do you think there are some advantages to having a bunch of shitcoins on an exchange?
Cryptocurrency Exchanges are Still Listing Shitcoins
I can't wait to hear your thoughts!
The benefits that they can get in listing shit tokens in their exchange is the profile especially if that certain token paid a good amount of money just to list that shit token for any reasons that they have. Everything can be paid especially in crypto space so this kind of happenings are only normal. I was recently browsing through Twitter when I saw BitMart list TSL. After digging around the internet for a while, I couldn't find anything. Not a website, github page, facebook page... nothing.
I wrote an article about this experience and I would love to hear what you think. Why do you think exchanges are still listing shitcoins? Do you think there are some advantages to having a bunch of shitcoins on an exchange?
Cryptocurrency Exchanges are Still Listing Shitcoins
I can't wait to hear your thoughts!
And there are cases also that they own that certain shit tokens, meaning they list it so if someone will try to buy it then they can earn. Other than that, I cannot think of other reasons why they are doing it.
Having lots of tokens or coins in their platform doesnt really guarantee that they would really get that listing fee unless if you are a known exchange then its just normal
but some do list out tokens without having some strict requirements.They list as much as they can hoping for those coins to build up volume.
We know that if an exchange build up huge volume would really correlate into its reputation.They list as much as they can with those several factors.
What do you mean by "doesnt really guarantee that they would really get that listing fee"? Exchanges which require listing fee will always get that money from those projects that wanted to be listed. They will not open the trading unless those projects fulfil the necessary requirements from their end. So those smaller exchanges will ask smaller fees or there are actually some exchanges that doesn't charge anything just to get some coins listed on their exchange. And hoping that there will be traders and get some profits out of it.
Hi Everyone!
I was recently browsing through Twitter when I saw BitMart list TSL. After digging around the internet for a while, I couldn't find anything. Not a website, github page, facebook page... nothing.
I wrote an article about this experience and I would love to hear what you think. Why do you think exchanges are still listing shitcoins? Do you think there are some advantages to having a bunch of shitcoins on an exchange?
Cryptocurrency Exchanges are Still Listing Shitcoins
I can't wait to hear your thoughts!
The benefits that they can get in listing shit tokens in their exchange is the profile especially if that certain token paid a good amount of money just to list that shit token for any reasons that they have. Everything can be paid especially in crypto space so this kind of happenings are only normal. I was recently browsing through Twitter when I saw BitMart list TSL. After digging around the internet for a while, I couldn't find anything. Not a website, github page, facebook page... nothing.
I wrote an article about this experience and I would love to hear what you think. Why do you think exchanges are still listing shitcoins? Do you think there are some advantages to having a bunch of shitcoins on an exchange?
Cryptocurrency Exchanges are Still Listing Shitcoins
I can't wait to hear your thoughts!
And there are cases also that they own that certain shit tokens, meaning they list it so if someone will try to buy it then they can earn. Other than that, I cannot think of other reasons why they are doing it.
Having lots of tokens or coins in their platform doesnt really guarantee that they would really get that listing fee unless if you are a known exchange then its just normal
but some do list out tokens without having some strict requirements.They list as much as they can hoping for those coins to build up volume.
We know that if an exchange build up huge volume would really correlate into its reputation.They list as much as they can with those several factors.
Hi Everyone!
I was recently browsing through Twitter when I saw BitMart list TSL. After digging around the internet for a while, I couldn't find anything. Not a website, github page, facebook page... nothing.
I wrote an article about this experience and I would love to hear what you think. Why do you think exchanges are still listing shitcoins? Do you think there are some advantages to having a bunch of shitcoins on an exchange?
Cryptocurrency Exchanges are Still Listing Shitcoins
I can't wait to hear your thoughts!
The benefits that they can get in listing shit tokens in their exchange is the profile especially if that certain token paid a good amount of money just to list that shit token for any reasons that they have. Everything can be paid especially in crypto space so this kind of happenings are only normal. I was recently browsing through Twitter when I saw BitMart list TSL. After digging around the internet for a while, I couldn't find anything. Not a website, github page, facebook page... nothing.
I wrote an article about this experience and I would love to hear what you think. Why do you think exchanges are still listing shitcoins? Do you think there are some advantages to having a bunch of shitcoins on an exchange?
Cryptocurrency Exchanges are Still Listing Shitcoins
I can't wait to hear your thoughts!
And there are cases also that they own that certain shit tokens, meaning they list it so if someone will try to buy it then they can earn. Other than that, I cannot think of other reasons why they are doing it.
As long as it has its value, it will continue to be listed in an exchange.
Some may be dead, some are close to being dead but as long as it has its values, it will continue to be listed. You can even see dead coins in there, just ignore them and let that be a memory that instills there, it would just remind you that no matter how expensive it is in the past, it is now dead and that will be the same for all of the cryptocurrencies.
Yeah if a certain coin that most people call "shitcoins" has still its value then the exchange having it will still keep it and not take it away from the list because it still a alive coin its not dead yet but maybe close to being dead because of low demand but as long has its alive and have value the exchange will keep it. Some may be dead, some are close to being dead but as long as it has its values, it will continue to be listed. You can even see dead coins in there, just ignore them and let that be a memory that instills there, it would just remind you that no matter how expensive it is in the past, it is now dead and that will be the same for all of the cryptocurrencies.
Hi Everyone!
I was recently browsing through Twitter when I saw BitMart list TSL. After digging around the internet for a while, I couldn't find anything. Not a website, github page, facebook page... nothing.
I wrote an article about this experience and I would love to hear what you think. Why do you think exchanges are still listing shitcoins? Do you think there are some advantages to having a bunch of shitcoins on an exchange?
Cryptocurrency Exchanges are Still Listing Shitcoins
I can't wait to hear your thoughts!
Only shit exchanges will accept listing shitcoin. then exchanges will get fee listing and have revenue, simply like that. because each CEO and each exchange has different missions. There are people who create exchanges with the purpose of creating the most reputable and powerful exchanges, and these are exchanges like Binance, Bithumb global, Upbit, Huobi global. There are also many exchanges born just to cheat new people, that list is Coinbene, Hitbtc, Exmarket, Idax, P2PB2B. so be careful when choosing exchange to trade, there are lots of scams. I was recently browsing through Twitter when I saw BitMart list TSL. After digging around the internet for a while, I couldn't find anything. Not a website, github page, facebook page... nothing.
I wrote an article about this experience and I would love to hear what you think. Why do you think exchanges are still listing shitcoins? Do you think there are some advantages to having a bunch of shitcoins on an exchange?
Cryptocurrency Exchanges are Still Listing Shitcoins
I can't wait to hear your thoughts!
Except bitcoin, almost coins are shit coins. They don't have uses except trading of exchange. However there is also few potential coins with good developer team and they are try continuously to improve uses. Exchange listing shit coins just because of fee, they need money, nevermind if its shitcoin. Because exchange has no loss for listing shit coin, traders will loser. That's why shit exchange list shit coins. Some reputed exchange like Binance doesn't list easily and their fees quite high. That's the reason why shit coins won't list on well reputed exchange (due to high listing fees and weak developers team). Just ignore shit exchanges so you will able to skip shit coins as well.
Big exchanges such as binance or bitfinex has some requirements before your coin/token get listed into their website. Those requirements are atleast the token must be listed first into two exchanges, its doesn't really necessarily have to be popular one's, as long as the owner has money those coin will get listed regardless being a shitcoin.
But it makes no sense at all having these bunch of shitcoins coz it also reflects their reputation as well. Yet, it can deny that Money is a powerful tool as of today and some developers will make use of that just to get listed just to prove to their investors that they are doing good care of them. But the question is, are they still profiting from it? Its nothing but a lose. 
Big exchanges such as binance or bitfinex has some requirements before your coin/token get listed into their website. Those requirements are atleast the token must be listed first into two exchanges, its doesn't really necessarily have to be popular one's, as long as the owner has money those coin will get listed regardless being a shitcoin.
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