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Topic: why listing on kucoin is worst idea (Read 478 times)

member
Activity: 350
Merit: 11
July 27, 2018, 03:27:31 AM
#45
Yes, there is such a problem, but many exchanges do this, not just Kucoin. For example, on the Yobit exchange there is a lot of information and how its owners listing shitcoins and are engaged in their pump and dump, earning on their users. Perhaps we should choose exchanges that accept payment for listing in ETH, BTC and then there is a possibility that there will be no such problems with manipulating the price and dropping all the coins of the exchange received for listing?
Yobit sucks, and kucoin is well too. not comparable as far as volume or popularity. I prefer binance and bittex. High security, low trade fee, variety of coins.
newbie
Activity: 182
Merit: 0
July 18, 2018, 10:18:40 AM
#44
You may be feeling this things bcoz some of your coins listed on kucoin and did not give expected result . but we can not blame like this without any proof . however yobit exchange can be alleged as i saw many fake or dead projects there are pumped on random days . but on kucoin scenario is different .
newbie
Activity: 97
Merit: 0
July 18, 2018, 09:25:54 AM
#43
Usually when listing on exchanges it costs $BTC not the actual coin you want to list..
So how can this create a dump?

full member
Activity: 420
Merit: 117
July 18, 2018, 09:20:11 AM
#42
Kucoin only uses sales people. But there are projects that I will buy beautifully.
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
July 18, 2018, 09:12:21 AM
#41
really depend on the projects, even when coin are listed in Bitfinex, Kraken or other old exchange it will be dumped if their projects suck. The same thing goes when even your coin is not listed in major exchange, maybe it only listed on small exchange like cryptopia or mercatox, but if your projects are legit and solid, your coin will be raise.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
July 18, 2018, 07:04:52 AM
#40
I do not think this is correct, you cannot single out kucoin here as well, it is just the bear market that is causing the dumps, just check all the ico tokens that were trading on idex in last few months, all are trading like 50-80% below ico prices, so dump has nothing to do with any specific exchange it is due to low volume and interest in market at the moment, i hope volume will be back soon and we will cross 1000 B market cap this year.

Yes, CBC got listed on bittrex few weeks ago and it got dumped. PundiX got listed on binance few weeks ago and it also got dumped, as well as any other market and any other new token, and I do not know why the OP would have singled out KUCOIN and giving something he cannot even show proof for.

The market is in a huge downtrend and it is normal to see markets take a dip in moments like this, which we all just have to live with.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
July 13, 2018, 11:39:03 AM
#39
Listed on Kucoin exchange is not the worst. Because I invest in 5 different ICO projects. And these five projects have successfully raised capital. But as soon as I was listed on the coinexchange.io exchange, bad things came to me. The price of these coins fell five times compared to the price of the ICO

But this is not problem with the exchange these are happening because of short term investors who invested on that ICO's you were invested.Kucoin is one of the good exchange but not reputed as much other exchanges but I didn't use that exchange personally,but even the reviews of the users were positive/
legendary
Activity: 1442
Merit: 1025
July 13, 2018, 10:47:16 AM
#38
I don't see this problem with kucoin as much. We should be worrying about the big exchanges like binance.

Thoughts on stablecoins like havven for exchanges??
The whole market itself is actually down and rather than pushing the whole blame on Kucoin as at why the tokens take a huge dip, I guess we focus on things that are much more important. This has been happening recently on every other exchanges with a token hitting the exchange and getting dumped, such as bittrex, binance and the likes.

Kucoin does not have any issue here and as long as the volume keeps growing bit by bit, that is what is important as we really need those exchanges to keep coming to create a more competitive space eventually.
newbie
Activity: 126
Merit: 0
July 13, 2018, 08:26:39 AM
#37
Listed on Kucoin exchange is not the worst. Because I invest in 5 different ICO projects. And these five projects have successfully raised capital. But as soon as I was listed on the coinexchange.io exchange, bad things came to me. The price of these coins fell five times compared to the price of the ICO
member
Activity: 454
Merit: 10
"Reserve Your Ledger at GYMLEDGER.COM"
July 13, 2018, 08:18:50 AM
#36
Don't single out kucoin. Because there are more exchanges that are more worst than kucoin. And i think its not fault by kucoin if one coin dumped.
member
Activity: 490
Merit: 10
July 13, 2018, 07:40:12 AM
#35
I do not care about the price of the penny after being listed on Kucoin. For me, Kucoin is a reputable and secure exchange, and this is my favourite exchange. I think the Kucoin has a better security than Binance.
member
Activity: 261
Merit: 10
July 13, 2018, 07:36:11 AM
#34
Kucoin exchanges are becoming more and more popular by airdrop programs on Kucoin every time there are new coins listed on this exchange. Your post are inaccurate. I find that the coins listed on Kucoin will often increase in price
member
Activity: 266
Merit: 15
July 13, 2018, 07:33:44 AM
#33
Kucoin is one of my favorite exchanges. Although Kucoin exchanges are not as popular as Binance and Bittrex. But Kucoin exchanges are very secure and secure. There have been no hacker attacks against Kucoin
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
July 13, 2018, 06:49:30 AM
#32
listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever  a coin is listed on kucoin no matter what it get dumped. any one thinking same?  
Before when Kucoin isn't so popular it is lower but when it managed to get more users and traders and gathered  a lot of traffic, they are increasing the listing fee. This same goes for the other exchanges.
No one will sponsor a coin to get listed because they are an avid fan or holder of it and of course that's the job of the coin management itself.
i do agree with this. On the first time when Kucoin appear, the coin that listed most of them have a good price and likely going up even though there are many bots trade there (it might because the market were on good conditions before) .
When an exchange isn't so popular and it's still starting, basically it has few traders but if it has a good platform and they are very active, their value is increasing.
That's right because those are trading it will try to spread the news to another traders and they are willing to buy that. Remember there is a lot of examples about that.
In fact the result of price depends on the hype of coin itself.
Not only about the hype but it's because of law of supply and demand. There are traders that doesn't like kucoin and other exchanges so they are saying such things.
hero member
Activity: 1274
Merit: 500
July 12, 2018, 11:44:36 PM
#31
listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever  a coin is listed on kucoin no matter what it get dumped. any one thinking same?   
I think paying just that can be listed on Kucoin and most people are dumping at extremely low prices. This Exchange has had a very low trading volume in recent months as there are no whales here and most of the people here are just for sale and do not tend to buy when an altcoin is listed in this trade.
legendary
Activity: 2114
Merit: 1656
July 12, 2018, 08:15:45 PM
#30
a completely false proposition, what you are suggesting has nothing to do with KuCoin. Almost every new project is getting dumped now as soon as it gets listed on any

exchange because Investors are in a mood of extreme FUD, no doubt influenced by mainstream media. During bullish market sentiments, it has been the exact opposite,

you need to make much a broader assessment of your financial insights.
jr. member
Activity: 359
Merit: 1
July 12, 2018, 07:24:06 PM
#29
listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever  a coin is listed on kucoin no matter what it get dumped. any one thinking same?   
now ku coin have voting for new listing and i think its free, and so many new coin like Kora make this voting like competition on telegram channel...
legendary
Activity: 3108
Merit: 1029
July 12, 2018, 07:12:13 PM
#28
listing on an exchange can cost from $3m - $10m. i think majority of this amount is payed by the token or coin to be listed. so there a chance of dumping these token by exchnges to their own customer. i think Kucoin is one of them. cause whenever  a coin is listed on kucoin no matter what it get dumped. any one thinking same?  
Before when Kucoin isn't so popular it is lower but when it managed to get more users and traders and gathered  a lot of traffic, they are increasing the listing fee. This same goes for the other exchanges.
No one will sponsor a coin to get listed because they are an avid fan or holder of it and of course that's the job of the coin management itself.
i do agree with this. On the first time when Kucoin appear, the coin that listed most of them have a good price and likely going up even though there are many bots trade there (it might because the market were on good conditions before) .
When an exchange isn't so popular and it's still starting, basically it has few traders but if it has a good platform and they are very active, their value is increasing.
That's right because those are trading it will try to spread the news to another traders and they are willing to buy that. Remember there is a lot of examples about that.
In fact the result of price depends on the hype of coin itself.
full member
Activity: 562
Merit: 101
July 12, 2018, 07:02:35 PM
#27
personally i never have an issue with kucoin
i think this exchange is good enough, so, maybe the problem is not with the exchange but with the tokens or coins believer it self
full member
Activity: 280
Merit: 101
OPEN GAMING PLATFORM
July 12, 2018, 06:41:16 PM
#26
I don't think it's the worst idea when any new token or coin wanna be listed on Kucoin because IMO, I think kucoin is a great exchange and there is no problem with this exchange Smiley. So many good cryptocurrencies were listed on this exchange and so many new tokens went to the moon after being listed on Kucoin as well. You should know that it's not Kucoin's fault cause when a cryptocurrency is really bad so everything will be the same although it's going to be listed on Binance Smiley
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