Post
Topic
Board Altcoin Discussion
Re: No exchange? No Value!
by
Vishnu.Reang
on 29/08/2020, 05:43:30 UTC
This is what happens when you buy shitcoins/altcoins without doing proper research about them. It is totally you fault that you bought this token. I would never by an altcoin which is listed only on one exchanger. Becuase it has huge risk. If that exchanger goes off or they delist the token my token value will come to zero. This is what happened with you. So,from next time do some proper research before buying any shit coin.
the wrong thing is when you buy coins, but only list on one exchange and it's a bad exchange. When this happens, you have no other choice but to wait for the coin to list on some exchange again. try to join the telegram group, and ask it to the developer there.

Another option is to rely on DEX sites such as forkdelta and etherdelta. It is possible to trade most of the tokens in these platforms, even if they are not listed in the mainstream exchanges. But from what I have seen, the prices can be very low. If you want to sell some tokens for ETH, then depending on the token you may receive only 10% to 50% of the actual value. For getting fair price, you need to rely on the mainstream exchanges.