Quote from: joinfree on December 13, 2019, 04:36:47 PM

HitBTC is one of the worthless exchange in this industry full of fake trades and volume. It's so shameful how people are taking advantage of the blockchain industry to commit all these scams. Project managers should make the necessary research about exchanges before listing their coins over there because so many coins have lost their value when listed on HitBTC because of its low fake trading volume.

This.

At this point, it's not just on HitBTC -- but as the publication discusses, the entire industry.

If a blockchain project (ICO or otherwise) lists on HitBTC, now that this is public knowledge, they're essentially saying "we don't care about the risks to users of our coin/token, nor the problems HitBTC poses to the industry."

There are numerous other listing options, some of which are cheaper. It's fairly likely, at this point, if a project can only get listed on HitBTC, it's because they failed/would fail due diligence of reputable exchanges. A red flag in and of itself.