Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
Cubirez
on 04/12/2017, 06:37:09 UTC
And if you don't fancy Bitfinex, you can find a comprehensive list here :
https://coinmarketcap.com/currencies/iota/#markets

I saw it asked on another forum if IOTA has this 6 billion USD market cap, why would it not be listed on Bittrex.com.   600m USD a day volume.  Was there some disagreement or difficulty or because its feeless transfer maybe and not especially profitable to list on an exchange ?

I usually plot a graph for a crypto price before getting involved to have some idea of its momentum especially when its risen this fast, does anyone have projections maybe based on volume of transactions as well.

A high volume currency is always worth to be listed on exchanges, as they take usually between 0,10 and 0,20% of each transaction as fees, regardless whether the currency itself is feeless or not - when you trade on the exchanges (except for exchanges such a etherdelta or Waves DEX), the transactions are not done on-chain anyway.
I don't know about why Iota isn't listed on Bitrex but the fact that IOTA is not using a blockchain for ledger but a DAG called Tangle instead, makes it more difficult to integrate to the exchanges platforms (new tech so harder to add than an erc20 token or a blockchain platform).