Post
Topic
Board Trading Discussion
Re: Are CEX Deposit-to-list campaigns recommendable for newbies?
by
dansus021
on 03/08/2023, 02:32:11 UTC
Seeing several CEX events that encourage investors to  participate in deposit to list events makes me wonder what's in it for the exchanges and how they manage to end up not listing the tokens in some instances.
Their intention is quite clear. Get as many people as possible to register for the exchange, pass KYC and make deposits that leads to increased trade volumes which translated to increased trading fees. It's always about just profits

Simple yet very true,



What do you expect this just one of a bunch of tool that Cex has been used to gain more user and trading volume so you can be the number one exchange in the list.

There actually cex strategy that I liked is Learn and Earn so basically newbies have to read or watch the video and at the end, the Centralized Exchange will give a some quiz and when your answer is right you will get reward