Post
Topic
Board Beginners & Help
Re: Good exchange for altcoins
by
$crypto$
on 24/01/2021, 17:51:16 UTC
Let's say I am an holder (min 3 month).  The altcoin I found are not listed in famous one like Binance. They have really low market cup: 100k.
At the moment I am just seeing them on Coinmarketcup and would like to start selecting them by the exchange they are listed.
So I would like to understand if the exchanges are good or not.
How should I interpret the volume and liquidity values for the exchanges?

So in my opinion it is better to sell these altcoins because they have a fairly low market cup, it will probably not go up as usual they only rely on the lowest exchange to list them, if this altcoin is the result of buying then immediately don't let the price fall further and usually. Altcoins that are not found on major exchanges are difficult to determine whether they are good or not.