Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Savix DeFi Token - Gas-free, Automatic, Predictable Staking Without Lock
by
Miiike
on 06/03/2021, 04:07:27 UTC

It'll be more feels like one exchange, exmarket is (in)famous for failed or PnD projects that I advise to leave them and chase better exchanges (if there any reachable within the timeframe). If there were none, I actually suggest to go solely with latoken. Just my 2 cent, though.

Exmarket is a very popular exchange. There are a log of projects on Exmarket. Trading volumes on Exmarket  are good and a good liquidity. I think the more exchanges will be for the listing of the token the better will be for liquidity.

Interesting opinion. Perhaps chasing this discussion would lead to an OOT subject, but I frequently stumbled upon investors on telegram and other channels who got dismayed upon exmarket, either for the lost fund, high withdrawal fee, or bad future of projects who launched their IEO on them. Moozicore, for example. Can you please perhaps name one or two projects that's launched their IEO on exmarket and managed a steady development and growth?

As for me I only think that Exmarket is better than nothing. Savix has a staking system and for staking system it is necessary to have a good liquidity. For this reason the token must be listed on the exchange with big liquidity. But the most important thing is that platform will be useful for people and it will be a lot of users. More users more liquidity.

With good liquidity and platform usefulness in mind as the most important matter, wouldn't it further strengthening the argument that they need an adequate exchange with good quality rather than average (or below average) ones with poor performance? If we suppose they goes according to plan, or perhaps adding three more exchange for IEO (a lower tier exchange), and one or two of them create troubles in withdrawal, high fee, lost balance, etc, wouldn't you agree that people will automatically reflect and consider the project as poor and faulty? I would prefer quality over quantity for IEO, and once the project established, they can add more (and perhaps less reputable) exchanges.