Topic: Why token pay for listing of exchangers - page 9. (Read 2896 times)
Because this is a reward for exchange platform and usually its really huge. Some of the exchanges have voting listing, this is the best way to get listed I guess, but these exchanges are not so popular
Most of the good companies that create projects pay a lot just to enter the stock exchange. Payment is so big just because the exchanges do not want to lose their reputation. Why should they take shitty projects into development.
Strangely, why is it at all worth the money? I think that the exchanges earn only from the commission for the transfer of tokens from one place to another, just thought that the exchanges work like banks when you make money to them.
Like we will play games or play in the middle of someone else's field, it requires permission to play in that place, so just as we have coins we must be able to exchange the coins we have to where we want and we pay for the place and all the requirements. So this is already familiar to those who are used to exchanging coins as desired.
A very good topic indeed. The fees of listing coins are very high right at this moment and it is creating a problem for the organizations that wants to list the coins. Moreover, scammers are also bypassing it by paying large amount of money and later collecting it from the investors they are scamming. A verification would have been a better alternative in my opinion.
Most of the good companies that create projects pay a lot just to enter the stock exchange. Payment is so big just because the exchanges do not want to lose their reputation. Why should they take shitty projects into development.
Strangely, why is it at all worth the money? I think that the exchanges earn only from the commission for the transfer of tokens from one place to another, just thought that the exchanges work like banks when you make money to them.
when an exchanges sites list any coins without having to pay it will be crowded with shitcoins. well this is also business they want to earn too. maybe for themselves or the development of the site.
Yes normally. What do you mean why? So the exchanges can make more money obviously. If an exchange thinks the volume will be really high they'd probably list it for free.
That is to support that altcoin to its traders upon listing to the exchange market. We all know that most of the time, an altcoin gets dump upon listing on the market but might pump depending on the budget given to that trading platform or the team of the project manipulating the altcoin price itself. The trading platform need that token pay to protect their business against massive dump by the traders.
The exchanges need to make money in order to operate properly, hence, they collect the amount from the token or coin owner or CEO. Moreover, it removes the doubt that the coin is not a scam, since scam coin's owners would never spend so much behind listing their coins on the exchanges. But, sadly, the plan is not foolproof and scammers are taking the advantage of it.
Most of the good companies that create projects pay a lot just to enter the stock exchange. Payment is so big just because the exchanges do not want to lose their reputation. Why should they take shitty projects into development.
Because when the coin is already listing in the exchanger the dev also will get profit from up and down the coins,the more traders buy sell the more profit also the dev so that when the volume of trading is high the dev also gain profit. When they successfully listing on big market the more trader will buy such coins,so from the exchanger gives expensive rate to fit in exchanger. 
This is actually not required but w do not live in a world were things run by ethics. The exchanges do that because they need money for their staff and all. But then there are other exchanges too who do not charge huge amounts of fees either.
of course they want to make money especially those popular exchanges, but I don't think that they charges million of dollars just to get listed in exchanges, what kind of exchange is that? better to list in shity exchange just for free to get list lol.
Maybe that's how it works. If you want to make money, you need to spend money. The exchanges demand a lot of money for listing the tokens that are potential enough in the market.
There are other exchanges who do no charge any large amounts of fees to be enlisted in it. But the main reason that they do it because they want to make more money, their staff needs to be paid and for the sole purpose of the goodwill that is associated with the exchanges.
Well it could be the case that the fake ICO are trying to get them enlisted to make money out of the bogus project that they are trying to sell. So, they need to make money and in order to make money they charge in the entire list-coin-fee for this reason. It will be better to not to get associated with it since they might be dangerous.
It strongly depends on an exchange. Small stock exchanges with a small day volume take from 0.1 to 2 bitcoins for listing (I know the developer of one who takes 3 bitcoins for listing). The largest exchanges can take up to a million dollars. IMHO, the future behind decentralized exchanges, where users themselves decide the fate of the coin.
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?
Yes, it is because when token get listed on the big exchange like Binance, Poloniex and Kucoin etc. the demand and supply of token make them get a high value of users in trading that makes the project expensive in the market exchange.Why exchangers charge millions of dollars to get a token listed on their exchange?
That's the business way of exchange, just like you are renting a space in the public market just to sell your product and you need more people for the possibility of higher returns income from your product.
That's absolutely right. Like you pointed out already, there is a great incentive to force your token on exchanges because the value of that token will can be inflated several times
Based on this perspective I think fake ICO’s are trying to getting enlisted based on this situation they want to make money and so they are charging in various purpose based on this do not associate with such types of things.
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?
Yes, it is because when token get listed on the big exchange like Binance, Poloniex and Kucoin etc. the demand and supply of token make them get a high value of users in trading that makes the project expensive in the market exchange.Why exchangers charge millions of dollars to get a token listed on their exchange?
That's the business way of exchange, just like you are renting a space in the public market just to sell your product and you need more people for the possibility of higher returns income from your product.
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