{"id":21022,"date":"2022-08-05T14:39:48","date_gmt":"2022-08-05T14:39:48","guid":{"rendered":"https:\/\/p2pb2b.com\/blog\/?p=21022"},"modified":"2024-03-07T13:32:42","modified_gmt":"2024-03-07T13:32:42","slug":"how-to-avoid-crypto-listing-on-scams-exchanges","status":"publish","type":"post","link":"https:\/\/p2pb2b.com\/blog\/how-to-avoid-crypto-listing-on-scams-exchanges\/","title":{"rendered":"How To Avoid Crypto Listing on Scams Exchanges"},"content":{"rendered":"

Intro<\/strong><\/h2>\n

Listing a project in pools of traded assets on cryptocurrency exchanges is an important milestone in developing and establishing any cryptocurrency project. Listings increase interest in a coin, fuel liquidity, and increase the chances of success of the entire project.\u00a0<\/span><\/p>\n

A clear example \u2014 after the news that Litecoin (LTC) will be in the <\/span>crypto listing<\/span><\/a><\/span> of South Korea’s largest digital currency exchange Bithumb in 2017, the price of the altcoin jumped immediately by 15% within 24 hours.\u00a0<\/span><\/p>\n

Interesting fact \u2014 On June 08, 2022, the exchange announced that it plans to stop supporting this token and exclude it from its<\/span> listing projects<\/span>.<\/span><\/p>\n

The reason cryptocurrencies’ prices rise sharply in the background of news and rumors about the imminent <\/span>listing projects<\/span> on major trading exchanges is apparent \u2014 the inclusion of a token in the <\/span>cryptocurrency exchange listings<\/span> opens access to liquidity, the most critical factor for the success of any crypto project.\u00a0<\/span><\/p>\n

It would be best if you were wary of fraud in pursuing your projects in <\/span>crypto exchange listings<\/span>. Yes, scam exchanges are dangerous for creators of crypto projects as for investors and traders. Adding a token in a <\/span>crypto listing<\/span> of the fictitious or unscrupulous exchange leads to severe consequences, ranging from financial to reputational losses and, consequently, the project’s collapse. However, the advice in this article will help you avoid <\/span>crypto scam<\/span> exchanges and place your project in proven <\/span>cryptocurrency exchange listings<\/span>.\u00a0<\/span><\/p>\n

#1 Check a registration of exchanges in which listing projects you want to appear<\/strong><\/h2>\n

One of the ways to check a crypto exchange is to request information about its registration and activity in a particular region. If it is a scam organization, likely, it did not pass any registration with state authorities and doesn’t have even a minimal set of documents to leave no financial and legal traces. This applies to little-known and local crypto exchanges.<\/span><\/p>\n

Taking into account that\u00a0 <\/span>listing projects<\/span> are paid options, and cost significant money as a rule, this is the first place when you can face a scam. <\/span>Fake crypto exchange<\/span> can offer to list your project on a promising innovative exchange at a significant discount. <\/span>However, when you pay, the scammer will immediately disappear, so always check with whom you are communicating. Moreover, some exchangers are practicing a dishonest trick, initially overpricing the listing project to offer you seemingly favorable conditions.<\/span><\/p>\n

In addition, carefully read the terms of use, which are often overlooked \u2014 you automatically agree to these terms when using the services of a trading platform.\u00a0<\/span><\/p>\n

#2 Check crypto exchange on Coinmarketcap and Coingecko<\/strong><\/h2>\n

\"Coinmarketcap<\/span><\/p>\n

A great way to find the best exchanges for <\/span>crypto listing<\/span> is to look at their rankings on web resources such as <\/span>Coinmarketcap<\/span><\/a><\/span> and <\/span>Coingecko<\/span><\/a><\/span>. Focus on businesses with a high level of trust and stable growth rates. Suspicious metrics changes can signify that an exchange plays unfairly and manipulates prices or other numbers.<\/span><\/p>\n

Focus your attention on the top 100 exchanges. Choose companies to list a project based on your needs and capabilities, and the platform must meet the objectives of your business. Again, this is a partnership, not a favor, because it is also beneficial for the exchange to have promising projects in its <\/span>cryptocurrency exchange listing<\/span>.\u00a0<\/span><\/p>\n

#3 Check security level of crypto exchanges on special platforms<\/strong><\/h2>\n

In addition to checking the exchanges you are considering for crypto listing on Coinmarketcap and Coingecko, we recommend ensuring you have a high level of security by using a service like <\/span>Cer.Live<\/span><\/span><\/a><\/p>\n

In July 2020, CoinGecko’s TrustScore began using information from\u00a0<\/span>this platform, which suggests that their estimate is consistent with reality and worth taking into account.<\/span><\/p>\n

#4 Check the website domain of the listed cryptocurrency exchange<\/strong><\/h2>\n

Scammers can create a copy of the site of the existing platform whose <\/span>crypto listing<\/span> you want to get into. Agree that most people rarely pay attention to the domain name in the browser when they see a familiar interface. Leave sensitive information in the registration process; you can’t avoid problems.\u00a0<\/span><\/p>\n

#5 What community says<\/strong><\/h2>\n

Before getting into a <\/span>crypto listing<\/span>, check what its users think of it. It is essential that users highly rate this exchange; thus, they trust this platform and are ready to invest money in its assets. Suppose you list on exchanges with bad reviews. In that case, the bad reputation, like concentric circles, will spread to the assets in its listing projects. If you’re starting a project, you don’t need it.<\/span><\/p>\n

There are many independent resources where you can read reviews about a crypto platform. We have listed the top 5 most popular ones:<\/span><\/p>\n