Post
Topic
Board Altcoin Discussion
Re: Do you think it is safe to buy coins that are only listed on one small exchange?
by
Snappycoco
on 08/12/2021, 14:51:36 UTC
I want to start investing in early projects, and I want to ask if you buy coins on small exchanges? Is it safe? And to what extent are such exchanges protected from hacker attacks?

I am interested in such coins as nwc, cdt and mana, what do you think of these projects? Should you buy these coins?

Some big exchanges requires volume for a coin to be listed. Just like binance, I heard that they require a 5M$ of any coin who wants to be listed in their added by the fee for listing. This is where this little exchanges helps. Don't underestimate these coins specially those who really have a real life usage. They may be listed to smaller exchange and that is because of the fact that they are limited to what other exchanges requires. Just beware to those scam ones.