Post
Topic
Board Altcoin Discussion
Re: Too many listed coins on exchange without volume, any reasons?
by
Bitbtc8
on 04/09/2020, 06:46:42 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's the work of unqualified developers, con artists and scammers, this is why its not safe to invest money on projects that have very low volume, though few brings unexpected results but the chances are just too slim, better demanding crypto projects are better