Some Exchanges Kill Token Price

[Mexite]

I have observed that one of the determinants of the price of a token from the very first day of listing is the type of exchange where the token is listed. Centralized exchanges like Binance, Houbi, OkEx, Kucoin, generally list the token at prices higher than the ICO/IEO price.

However, some centralized exchanges are price killers. Most of the times when new projects list their tokens on this platforms, the price tanks deeply. This may be attributed to the fake volumes and low traffic on these platforms. From my personal observations, exchanges like P2pb2b, Coinsbit, Stex, Latoken, are just a few of such exchanges.

Note: I'm neither promoting or disparaging any exchange, it's just my personal opinion.

Do you agree with my view? I will like to hear your own thoughts on this too.

Thanks.

[@chison]

You are correct by saying they list with false volume. This exchanges that kills token comes up with different untruth about their trading process and lack transparency.

[Mexite]

You are correct by saying they list with false volume. This exchanges that kills token comes up with different untruth about their trading process and lack transparency.

Their lack of transparency has turned their platform into graveyard of many project tokens. As a matter of fact, once I see a new project doing IEO on such exchanges, I quickly have a rethink.

[TomPluz]

I have observed that one of the determinants of the price of a token from the very first day of listing is the type of exchange where the token is listed. Centralized exchanges like Binance, Houbi, OkEx, Kucoin, generally list the token at prices higher than the ICO/IEO price. However, some centralized exchanges are price killers. Most of the times when new projects list their tokens on this platforms, the price tanks deeply. This may be attributed to the fake volumes and low traffic on these platforms. From my personal observations, exchanges like P2pb2b, Coinsbit, Stex, Latoken, are just a few of such exchanges. Note: I'm neither promoting or disparaging any exchange, it's just my personal opinion. Do you agree with my view? I will like to hear your own thoughts on this too. Thanks.

I want to agree with your observation and I think this can really be true though of course we need some good facts to back up this big claim. However, one thing for sure is that big exchanges where there can be real volume of trades and where there are a big number of traders can have a strong impact on a particular token. Now, in many cases, it is not so easy to enter big and popular exchanges, and they can be costing money to do so that is why many projects just settled those exchanges you mention and that can be a fatal mistake because without excitement a token can slowly die. But then again, if a token will not be listed in any exchange after a long wait then the same fate can happen: slow death.

[Malam90]

I have observed that one of the determinants of the price of a token from the very first day of listing is the type of exchange where the token is listed. Centralized exchanges like Binance, Houbi, OkEx, Kucoin, generally list the token at prices higher than the ICO/IEO price.

However, some centralized exchanges are price killers. Most of the times when new projects list their tokens on this platforms, the price tanks deeply. This may be attributed to the fake volumes and low traffic on these platforms. From my personal observations, exchanges like P2pb2b, Coinsbit, Stex, Latoken, are just a few of such exchanges.

Note: I'm neither promoting or disparaging any exchange, it's just my personal opinion.

Do you agree with my view? I will like to hear your own thoughts on this too.

Thanks.

I agree with you mate. Few exchanges like p2pb2b, latoken, coinsbit run IEO at a rate which fake volume, fake rates with huge trade. I have observed that trend as i have account in all of those shit exchanges. Tokens that run IEO in any of those, either vanish or huge drop after IEO end. Investors and promoters will suffer a huge losses but If a project is listed in Binance, Kucoin or top few exchanges, its price is over the IEO because their financial and team base is strong that impress the investors.

[trauchot]

There are a lot of scam cryptocurrency exchanges where only bots trade, and there are no real traders at all on these scam cryptocurrency exchanges, and therefore any cryptocurrency that will only will be traded on the scam exchange will die very quickly and here is a small list of the most scam cryptocurrency exchanges, these are p2pb2b, probit, latoken, vindax, exmarkets, well, this list is really huge and announcing all scam cryptocurrency exchanges will take a very long time.

[vitek146]

Cryptocurrency exchanges appear almost every month, and each promises that it will achieve great heights and break into the top. But very often they either draw beautiful numbers of volumes, or simply kill all the coins that start to list there. They add tokens that, to put it mildly, do not inspire confidence and show work and at some point either disappear or continue their "work" simply by collecting commissions from gullible users who decide to trade there. Trust the top exchangers, in extreme cases, if a token or a coin is traded only for nouns, then at risk and if there is no choice, you can sell there (in the case of bounty tokens), but still it is better to wait.

[masterrex]

I have observed that one of the determinants of the price of a token from the very first day of listing is the type of exchange where the token is listed. Centralized exchanges like Binance, Houbi, OkEx, Kucoin, generally list the token at prices higher than the ICO/IEO price.

However, some centralized exchanges are price killers. Most of the times when new projects list their tokens on this platforms, the price tanks deeply. This may be attributed to the fake volumes and low traffic on these platforms. From my personal observations, exchanges like P2pb2b, Coinsbit, Stex, Latoken, are just a few of such exchanges.

Note: I'm neither promoting or disparaging any exchange, it's just my personal opinion.

Do you agree with my view? I will like to hear your own thoughts on this too.

Thanks.

YES! I agree with you mate and we shared the same sentiment and observation, most likely if the coin/token was listed on a not well-known exchange the price will dump hard so, in a matter of days. IMO, the exchange is also important in terms of taking the token price and liquidity healthy. But the sad truth is most projects are not considering this fact, Instead, they will continue to list their token on shitty exchange thats why the result is not good. 

[Riya143]

Some exchange tokens help to improve a lot. Some exchanges help kill tokens. The following exchanges help to kill any token. P2pb2b, Coinsbit, Stex, Latoken. It goes without saying that there are no investors in these. Because investing there is detrimental. So investors go to these exchanges. like Binance, Houbi, OkEx, Kucoin etc exchanges are good.

[Gravatai]

Perhaps the problem is not in the exchanges, but in the fact that after listing, often those who participated in the bounty, the project team and those who received tokens for some work sell their tokens and the price goes down. The artificial volumes of these exchanges cannot lower the price, on the contrary, they help the coin look better than it really is.

[StreakW]

I disagree, it is not the exchanges that kill the token price, but the projects itself. Even if the token listed in untrusted exchanges like as you say but the price is from the team of the project not from the exchanges

[Pluto25]

I think exchange don't kill projects but investors, traders and holders kill the projects partially. Project owners kill the projects partially, ProBit, coinsbit, P2Pb2b, whitebit , chainx , latoken, exmarket, stex , etherdelta, etherflyer , vindax , etc partially kill the projects.

[Lenipiw]

Binance, Houbi, OkEx, Kucoin etc are very good in the market. Most of the projects listed there increase the level of much more investment. Again, P2pb2b, Coinsbit, Stex, Latoken, if any token is listed in them, it is much more damaged. So I think exchange is very important for any project.

[Tnoy30]

In some exchanges, tokens are destroyed when they are listed. All investors get bad experiences from these exchanges. The latter does not want to invest or trade. Such as P2pb2b, Coinsbit, Latoken. I have had many bad experiences from these three exchanges. Most investors use good quality exchanges to invest, that is, to buy any cryptocurrency.

[bigcash2011]

This is because of the fact that these exchanges have low number of real traders so low volume and hence low liquidity. This means no or low buying orders that will result in dumps and price crashes only.