Most of the new crypto coins are traded in small exchanges like Yobit, Stock Exchange, BigONE. Are these tokens safe for use, or are they a scam?
1) Have you purchased any new token which somehow been missing after a time
2) Have you observed any uncertainty in the price of token
3) The wallet is missing of those particular token and funds are missing
4) Does you find wallet of such token on any other platform apart from one which you used to buy
5) Are you able to transfer, if so, do exchanges charge high fee which could lead to a loss ..
These are some of observations related to new tokens which launched and somehow after sometime users go through these issues ..
Yes there are many coins that list on smaller exchanges in the first place. Then later on step by step upwards list in good exchange but it can cause the strength of the team.The team can certainly take a good position if they want to.It's not a scam just because it will be listed on a small exchange first, there are many coins that slowly rise to the top or good positions, and there are many coins that end up here.Again, I've seen many coins get listed on minor exchanges and then dump and die.