I think it's rarely for a cex to list project for free unless the project is really worth listed. Like for example Dogecoin, I think they got listed for free on Binance due to its potential but for new projects I doubt there will an exchange to do it for free.
So they got no choice but to pick dex. There is a project I know cryptomarketads and they resort to all free listing but the exchanges are just all dex such as forkdelta, bitcratic and etc which is technically free for those who dont know.
So they got no choice but to pick dex. There is a project I know cryptomarketads and they resort to all free listing but the exchanges are just all dex such as forkdelta, bitcratic and etc which is technically free for those who dont know.
That's certainly true, mate. Everything is about business these days. And centralized exchanges live off entirely from fees (maker/taker fees, and listing fees). The cryptocurrency project needs to have a certain level of legitimacy within the mainstream world to become widely accepted by a centralized exchange. It also needs mainstream adoption and community support. An abandoned cryptocurrency has a lesser chance of being accepted by a centralized exchange, than otherwise. In the case of a DEX, it's much more affordable for anyone to list a coin, but it lacks liquidity. At least, people will be able to trade their crypto to another crypto without paying high fees. But, the coin being traded on the DEX will have a very small trading volume than other cryptocurrencies being traded on centralized exchanges.
Nonetheless, ETH-based decentralized exchanges seem to be the best way to go for listing a token for free. I've toppled across McAfeeDex which allows anyone to trade any token on the Ethereum blockchain for free. This is great, as it allows developers to save costs on listing their own coin for other people to trade in the mainstream world. It also benefits the crypto economy in some way. Still, the exchange is not as popular as I've thought it would be. Which leaves devs no choice but to gather funds to list their coin in a centralized exchange.
Listing fee is one of the lifeblood of any centralized exchange and some "DEX". There is no way they are going to list new projects for free unless they are also a new exchange. They can offer free listing (without voting) within a few months after launching but once they gained their footing, they will also be charging some listing fees. Some may also offer no listing fees for a longer time but they'll be killing the traders with high transaction fees later.
I went over the exchanges board and found one with no listing fees according to their post.
I remember this unnamed exchange not charging listing fees before but requires new tokens/coins to do airdrops/rains in the exchange's chatbox. I'm not sure if that is still the case.
I went over the exchanges board and found one with no listing fees according to their post.
Coin Listing Requests:
If you would like to see a coin trading on Oodlebit you can fill out our request form by clicking here. We do not charge any listing fees.
If you would like to see a coin trading on Oodlebit you can fill out our request form by clicking here. We do not charge any listing fees.
I remember this unnamed exchange not charging listing fees before but requires new tokens/coins to do airdrops/rains in the exchange's chatbox. I'm not sure if that is still the case.
Thank you so much for sharing this. I'll take a look at these exchanges for listing a coin for free. Although, they're not as popular or widely-known as other exchanges in the mainstream world today. But at least, it's something.
