Post
Topic
Board Marketplace (Altcoins)
Re: where do you trade your Altcoin?
by
KennyR
on 27/03/2019, 19:00:20 UTC
I guess everyone will be happy if they can always have access to translate the alt-coin they hodl to cash.
So what exchange let us do that if the coin not listed? I guess hard to find!! if you lucky you get it forkdelta

If your coins are listed you hope for volume in a serious exchange like the top ones which has really high requirement before listing
which lots of coin fail to pass because it mostly likely not  a well organized project

I use www.huobimena.com  for trading and also OTC deals

Telegram channel: https://t.me/HBMENA

A coin's growth depends upon yes, its project and i would say where it is listed as well. Its like taking your product to sell at a crowded market then taking it to a market where we do have less visitors, buyers and sellers. Yes the respective coin team has to be pay huge to get listed in a popular and the best exchanges like Binance.
But look at the exposure of the coin. We have huge investors trading there. Certainly one or the other day, the coin will become popular based on its service and demand it creates..

Hence, if you are a trader, choose the best exchanges where it has large number of traders. Choose the best coins to trade with as well. I do trade at Binance and Hitbtc.com. I am satisfied with its services as well.
Agreed, listing contributes good to the coins value. Product backing and its succes in the market contributes good, but on listing it adds more value than it gained through the crowdsale market. From the trader perspective it is true to use the best exchanges, than getting stuck on exchanges with low trading volume. Few of which has gained good reputation is listed in the above quote.