Post
Topic
Board Altcoin Discussion
Re: Too many listed coins on exchange without volume, any reasons?
by
Saisher
on 04/09/2020, 02:37:19 UTC
It obvious that higher trading volum = more liquidity. liquidity refers to the ability of a coin to be converted into cash or other coins easily. Liquidity is important for any tradeable assets including cryptocurrencies.
Unfortunately, I have obversed that most coins listed this days on certain exchanges are without volume, that is, illiquid.
It is very clear that this situation was not common found before 2019.
What could be the reasons for this abnormalities. Your thoughts.


That is not good when you are holding a coin and there is no way to liquidate it on the exchange it is listed you have something to worry, the coin will soon get delisted and you will have no chance to liquidate it, there's little chance that a coin get listed with other exchange with no trading support, you can consider that a loss in your portfolio.