Post
Topic
Board Altcoin Discussion
Re: Altcoin CEX listing. Tranfer coin from Metamask?
by
Bttzed03
on 06/04/2021, 07:07:10 UTC
When an altcoin is listed on a CEX such as GATE.IO would it be seen as good practice to transfer the respective coin to the exchange from Metamask?

I was thinking that it would be better place for the coins to be for liquidity purposes when wanting to sell or trade.

I guess it's fine if you are actually planning to sell them in a short time. It's not a good practice if you're plan is to store it there and sell after months or wait until it reaches your price target (this is a common practice though). Don't mind the liquidity on the exchange unless you're a market maker.