Post
Topic
Board Gambling
Re: 🎲BetFury.io|🎉BetFury Affiliate Program is live| 💸Earn with RevShare up to 60%
by
dwyane36
on 09/03/2023, 13:56:02 UTC
What do you mean? It's already in 2 centralized exchanges, Latoken, and Hotbit.
And if you look closely, it doesn't help the situation at all. People rather trade in dexes, and fake volume in some CEXes doesn't help either. Listing to more sites means just more fake volume and more tokens to dump to the markets as the team would need to pay the for the listing. Everyone will lose if we try to force the price up this way. We will do way better when we just wait for the token burns to take effect.

The problem is not the presence/absence of fake trading volumes, but the lack of liquidity. BFG listing on these two centralized exchanges turned out to be absolutely useless because there is a huge spread and almost no activity. In fact, the only place where users can normally buy/sell the BFG token is Biswap. By the way, the total liquidity of BFG/USDT on Biswap is about $1.5 million, and that should be more than enough for regular users. At the same time, this might not be enough if some whale decides to buy/sell BFG tokens for a few million dollars.