Post
Topic
Board Gambling
Re: 🎲BetFury.com|🎰Sign up & get Welcome Bonus up to 590% + 225 FS
by
Fivestar4everMVP
on 01/03/2025, 12:01:58 UTC
But atleast, Fun token from freebitco is already listed on Binance but I also know that the token was already listed before freebitco bought it over, but they should have delisted it if really they had no interest in listing casino tokens.

I personally think that the reason why casino tokens are not listed on major exchanges is simply because casino tokens lack big community support, lack tangible utility that could guarantee price steady price increase, and casinos are not ready to spend money to buy a listing spot for  their token on one or more of this major exchanges, this i believe is the only reasons why we don't see casino tokens on major exchanges, I tell you that if betfury will pay Binance to list BFG, BFG will get listed in no time, but then casino don't want to spend the huge amount of money this exchanges often demand as listing fee for tokens without good community backing.

I think the reason isn't the lack of community support or the fact that the casino is not ready to spend a huge amount on listing. Personally, I think the point is that any gambling token might be an "inconvenient" token for centralized exchanges because of various restrictions from regulators.
Regarding Betfury, the listing on CEXs has been discussed here many times, and I think it is obvious to all users that the Betfury team isn't interested in listing BFG on CEXs at the moment.
Well, you may be right about casino token being an inconvenient token for centralized exchanges due to regulations, but trust me, I still will say that this is not a good enough reason why centralized exchanges won't list casino tokens, if regulations happens to be the issue, they can simply implement a system that disallows users from places where gambling is not allowed; from purchasing or trading the casino tokens, it's as simple as this.

But still, I still do not believe regulation is the issue really, casino tokens do not have or get alot of interest from investors and traders, centralized exchanges have always been known to avoid listing tokens that won't do xx volume in trading on daily basis.
Exchanges listed alot of controversial tokens and kept it listed even when the company behind the token going through a legal battle with the SEC, example is XRP (Ripple), how much more casino tokens?.