Post
Topic
Board Trading Discussion
Re: Why are exchanges still listing shitcoins?
by
Slow death
on 29/01/2020, 08:53:16 UTC
Why do you think exchanges are still listing shitcoins?

I think the answer to your question can be found in the altcoin section, but I will summarize what happens:

If a person X creates an altcoin without any purpose, without anything useful, but millions of people like that altcoin (it's complicated to try to understand what people like) and this altcoin has millions of people in its community, what do you think any exchange will do if that altcoin asks that your altcoin be listed on the exchange? Do you think the exchange will refuse? if the exchange refuses it can lose millions of potential customers and without customers an exchange cannot survive.

Do you think there are some advantages to having a bunch of shitcoins on an exchange?

yes it has advantages, as I said exchanges need customers and these shitcoins bring customers to the exchange