Post
Topic
Board Altcoin Discussion
Re: How to check if an altcoin is a scam
by
oktana
on 07/01/2024, 11:36:45 UTC
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All your point you raise here are very valid, but for me what I mostly watched out for is if it's been listed on binance or bybit, if it's not been listed on any of it, I stay off that coin to avoid stories.

Neither Binance nor Bybit defines what project is a great project. Do you know how difficult it is to list on Binance? The requirements is a lot that some really great project still can’t meet up with it. It’s okay if that’s your assumption, however, I’ve invested in really good projects on DEX like Pancakeswap and Uniswap. And don’t you forget that Binance actually delists projects too, and that tells you that even their judgement isn’t always right because they were the same people who listed the project for trading.