Post
Topic
Board Gambling
Re: 🎲BetFury.io|$10 000 Daily Battles|🚀BFG Mining Extension voting
by
Fredomago
on 30/07/2022, 06:56:25 UTC
I don't fully agree. What is the real benefit of getting listed on small exchanges with a very low volume? If you have a token that you want to get listed, you always need to aim high and try to get listed on the places with a high amount of volume.

There is no benefit from listing on small exchanges. As an example, the BFG token is already traded on smaller centralized exchanges such as hotbit, cointiger, and coinsbit. The problem is that listing on these exchanges turned out to be absolutely useless because there is minimal activity and no liquidity. However, even if the BFG is someday added to one of the top exchanges, it won't guarantee a huge volume. I mean, the developers' actions are also crucial since it depends first of all on them whether there will be an increased demand for the token or not.


Developers and the community needs to back it up if ever one day the coin got listed to big exchange like binance, adding it is not going to end their there's a need of movement to bring new interest, traders and investors are everywhere they just needed to be aware on what the potential a project can bring to their investment.

though with how we witness those coins that being added to this established centralized exchange and how they engage with potential investors, there's a big impact on this asset if the team succeeds adding this coin in binance.