Why token pay for listing of exchangers

Accts4u2

member

Activity: 350

Merit: 11

Quote from: Windmoney@1 on September 01, 2018, 05:44:32 AM

Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem for it to be listed on Exchange...
Why exchangers charge millions of dollars to get a token listed on their exchange?

It depends on the exchange, the reputation of the exchange that a coin is listed on can do a lot to the price and value of a coin. Only the biggest and best exchanges charge a lot of money but when you are saying millions of dollars then you are just exaggerating. These exchanges are projects on their own and projects need money to run, they cannot make their services free

fudster

sr. member

Activity: 1190

Merit: 255

Because if tokens are not listed, it be considered dead shitcoin. If you are a developer and investors are exclaiming right on your face about the token be listed on the exchange, you might see the price of the token dip to its lowest when all of them sell at the dex. If will affect your reputation as a develop.
There are many tokens are not yet listed on exchanges though, the team prefer to just develop their project than paying.

babsjoe

full member

Activity: 490

Merit: 100

The increase in the demand for listing on exchange have led to competition to be listed! There are limited space for coin to be listed at any giving time and there many project wanting to he listed, naturally something has to give . The higest bidder will secure listing!

jouns

full member

Activity: 812

Merit: 106

Because in this way they filter out bad projects and maintain their reputation. And in the future they will not have to remove from the list of coins that which no one wants to trade.

^BuTcH^

full member

Activity: 671

Merit: 103

Moni

Because there are a lot of tokens, so there is a competency , that's why exchanges should claim listing fee.
Another reason is that exchanges should gain money as well.

bamb

sr. member

Activity: 938

Merit: 251

In the past, exchanges are always looking for a quality project with large community they want to list on their platform. One of the key factors they look for in a coin to be listed is popularity, tech! I hope we get back to what used to be so there will be sanity in the crypto ecosystem!

sinkfish

jr. member

Activity: 252

Merit: 1

Quote from: Windmoney@1 on September 01, 2018, 05:44:32 AM

Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem for it to be listed on Exchange...
Why exchangers charge millions of dollars to get a token listed on their exchange?

Exchanges wouldnt let any coin use their platform without any fees. some charge millions because the exchange already reputable and large user pool, hence the price is much more expensive.

corrado25

full member

Activity: 789

Merit: 100

Well some projects are very believable in their project and in order to popularize it they invest money so that the best exchangers have added their project to their exchanger.But in general if the exchanges did not take money for that, then the projects would not be paid.Everyone wants to make money Wink

TRONTON

sr. member

Activity: 868

Merit: 252

Quote from: KaramazovBro on October 18, 2018, 02:02:22 AM

Quote from: Windmoney@1 on September 01, 2018, 05:44:32 AM

Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem for it to be listed on Exchange...
Why exchangers charge millions of dollars to get a token listed on their exchange?

If a token appears on a popular exchange, then its value increases, the interest of potential buyers increases. Therefore, developers are willing to pay for their coin to be traded on this exchange.

in the world of trade it is always demanded to do the best for the convenience of its consumers so if you want to get trust then they should put tokens into a trusted market too. but I think the reason is not only that, because in my opinion, not all tokens that enter the exchanger are worth increasing, but at least they have the opportunity to get the best price, because in the famous exchange, the trading volume is also large.

GazorpPozorpec

full member

Activity: 294

Merit: 101

Lead generation one-stop shop platform powered AI

Quote from: Windmoney@1 on September 01, 2018, 05:44:32 AM

Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem for it to be listed on Exchange...
Why exchangers charge millions of dollars to get a token listed on their exchange?

Actually, I think it's wrong. Exchangers should not require millions for listing coins because it is not as effective as many think and just not fair. IMHO

erox

full member

Activity: 308

Merit: 106

Because if the token is listed on one of the top exchangers (like finance or Bitrix), it will receive the necessary liquidity and will be taken seriously by potential investors. IMHO

KaramazovBro

member

Activity: 308

Merit: 10

Lead generation one-stop shop platform powered AI

Quote from: Windmoney@1 on September 01, 2018, 05:44:32 AM

Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem for it to be listed on Exchange...
Why exchangers charge millions of dollars to get a token listed on their exchange?

If a token appears on a popular exchange, then its value increases, the interest of potential buyers increases. Therefore, developers are willing to pay for their coin to be traded on this exchange.

niublity

member

Activity: 378

Merit: 10

Quote from: Windmoney@1 on September 01, 2018, 05:44:32 AM

Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem for it to be listed on Exchange...
Why exchangers charge millions of dollars to get a token listed on their exchange?

The annual operating costs of open exchanges are very high. High quality exchange is also a symbol of strength. Therefore, coins that can be listed on such exchanges must have strength. This is also a kind of protection for investors.

Boctok

member

Activity: 378

Merit: 10

Quote from: Windmoney@1 on September 01, 2018, 05:44:32 AM

Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem for it to be listed on Exchange...
Why exchangers charge millions of dollars to get a token listed on their exchange?

The exchange charges a commission as proof that trading on it will give you more chances to make a sale. Exchange more popular

chandrarahmadewa

member

Activity: 308

Merit: 49

Quote from: Windmoney@1 on September 01, 2018, 05:44:32 AM

Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem for it to be listed on Exchange...
Why exchangers charge millions of dollars to get a token listed on their exchange?

Maybe a simple reason for business at the exchange place. I exemplify that if you have a company producing a product, you want the product to be in a supermarket.

Gromx

jr. member

Activity: 280

Merit: 1

If earlier almost any coin for money could get on the exchange, now the exchange is very selective in the choice of coins.If the project obviously scam-it is unlikely it will add.

dodgecharger

hero member

Activity: 1005

Merit: 500

Quote from: Windmoney@1 on September 01, 2018, 05:44:32 AM

Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem for it to be listed on Exchange...
Why exchangers charge millions of dollars to get a token listed on their exchange?

Almost all exchanges rely on funds to operate, but they are too violent to charge, and all of them are investors' money.

Lumada

sr. member

Activity: 520

Merit: 250

Quote from: Gotomoon on October 16, 2018, 06:17:47 PM

Well in this industry nothing is free, you have to pay money for listing in the exchange. Anyway it will benefited the developer once the project listed in the exchange. This will provide profit once their is investors on the project.

Exchanges is also a company, it is like being partnered in their company once they were listed in the exchanges, its a business thing.

b3llsf1l3s

member

Activity: 616

Merit: 12

Send&Receive Money Instantly, w/ no hidden costs

I think this is done, so that more people will see and be aware of the token. this should also be done in conjunction with the project itself, because if you only hope for listings in the exchange and expect prices to rise, it will be difficult. but if only with the release of the latest development of the project, eat that is what is expected

King Bounty

member

Activity: 392

Merit: 10

EndChain - Complete Logistical Solution

if in my opinion the token must pay for listing of exchange is so that the tokens cannot be carelessly entered into the exchange, because if not then a lot of tokens that scam will enter into the exchange and for the exchange income, because in my opinion exchange is a service, then we have to pay it.

Topic: Why token pay for listing of exchangers (Read 2878 times)