Cryptocurrency Exchanges are Still Listing Shitcoins

[sampoerna]

There are too many exchangers outside and it is impossible to prevent them from listing shitcoins. Moreover, sometimes good coins can be shitcoins suddenly. This is something unavoidable, so how to prevent them? It is a bit impossible. Anyway, if you think the exchanges are not good, then you can choose the others, right?

[Coin63@]

Yes brother sometimes good quality exchanges make a common mistake, they don't realise and analyse the project before listing. So after listing exchange reputation or demand decrease after becoming shitcoin. So before listing should be more analytical and reasearch the project and application to human beings.

[aiviaa485]

But if the Exchange wants to continue to triumph in the world of cryptocurrency, it is certain that the Exchange must make itself ready for existing regulations and be able to get rid of Shitcoin!
Shitcoin can be listed, right? Why does the Exchange still exist and operate?
Then surely the Exchange will only get distrust from its various consumers, I'm sure of that!

[alstevenson]

No they are not commiting mistakes perhaps low-class exchanges really want to list shitcoins because they get listing fee and at the same time their volume for trading fee. Thats the main reason why shitcoins can still get listed on exchange even though they have good usecase and trusted team.

[tonymillions84]

There are thousand and one of them that are no more. many crypto projects has signed out but still yet, they are on exchanges. CHT, MFTU, and so many of them that has no value again. worst case is that most still have people funds in exchange and they don't care about it.

[Nestle]

Exchange who receives coins without seeing who the person who develops them. Only a few small markets do that. Binance doesn't do anything like that because it impacts their users who will buy coins that don't have volume later.

[Senin]

I got into a similar situation. The coin was named PRE(Premine) and traded on the stock exchange Hit BTC . Exactly a month there was a large amount of coin trading and a lot of traders made money on it and a month later it turned out that such a project does not exist and it is a fake under the original with the same name. I advise everyone to be careful when buying crypto, buy those coins that are worthy of being purchased.

Yes, an interesting story. In fact, they traded air for a long time on the exchange. The main thing for exchanges is that there should be large trading volumes and because of this they have a good profit in the fees they receive. Therefore, shitcoins on exchanges, this is only a problem for traders. It is not even worth blaming the administration of exchanges, this is not their problem.

[RowanS]

As far as I know, there are many exchanges that are still listed as coins that are already dead and do not have good performance. Sometimes the exchange is not blamed but the project developer concerned is already not responsible for the future of their own projects.