Topic: why listing on kucoin is worst idea - page 3. (Read 478 times)
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.
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??
Thoughts on stablecoins like havven for exchanges??
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.
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?
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?
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