Hi Everyone!
I was recently browsing through Twitter when I saw BitMart list TSL. After digging around the internet for a while, I couldn't find anything. Not a website, github page, facebook page... nothing.
I wrote an article about this experience and I would love to hear what you think. Why do you think exchanges are still listing shitcoins? Do you think there are some advantages to having a bunch of shitcoins on an exchange?
Cryptocurrency Exchanges are Still Listing Shitcoins
I can't wait to hear your thoughts!
If I am not wrong, users get a chance to vote for a coin to get listed, right? Probably, most of the votes are given by users that shill for the coin and users that get paid voting for that shit coin. The exchanges are also at fault over here. To get listed on an exchange, as far as I know, the developers has to pay a huge amount of fee/money to get listed in the exchange. The more the reputed the exchange is, the higher the fee. Those shitcoin developers pay those exchange, and then the exchange lists them all for the money.
yeah users are sometimes including for a vote so the coins will be listed but of course if the involve is shitcoins and shit exchange we can expect but money matters only.they will pay and then will list as simple as that.
and this same manner that investors are now backing out to invest in these coins and also affected the whole crypto market.
i believe that this must be stopped and let legit currencies flow int he market and these scammers must put in jail for scamming people.