Listing Crypto Coin on Exchanges. How To Figure Out which Exchange

Techaroha helps with Listing Crypto Coin on Exchanges with the minimum possible fees. Below blog will help you to explore different exchanges and cost to list your coin on the exchanges.

List Your Crypto Coin on National and International Exchanges
List Coin on National and International Exchanges

Note: All figures and Stats mentioned are as on date of analysis. This might have changed when you are viewing the article.

References :

    1. https://poloniex.com/
    2. www.binance.com
    3. Hitbtc.com
    4. https://yobit.net/

 

 

 

Brief Requirement of Study

 

  • To Study the Impact of coin on Different Exchanges
  • To Find the best possible exchanges and list the coin
  • To mention the risk , pros and cons  of Different Exchange
  • Cost involved to list the coin and ROI

 

Service We need to Buy from Exchange

  1. Coin Listing
  2. Air Drop of our coins
  3. Emailing to existing Users
  4. Some assurance of Minimum Buy

 

General Analysis  – Importance of Exchange

Main target to list the coin on exchange is

  1. To get more buyers of our coin.
  2. To Give worldwide exposure to our coin
  3. To get Listing in Coin Market Cap

Let’s get directly to the quantitative analysis. See the table below

Exchange NameTotal Volume Low Volume Coin (Less than 0.001 BTC)Percentage of Total
Poloniex.com4000 BTC3< 1%
Binance.com154704 BTC10<1%
HitBtc.com40582 BTC50> 30%
Yobit.net3731 BTC70+>50%
Mercatox.com800 BTC50+>50%
Stocks.exchange32 BTC100> 60%
BitRidex.com250 BTC3>50%
Cryptocrix.netNot Known3>80%

 

Above table clearly shows that  considering the exception of Poloniex and Binanace , it’s clear that Coin Listing in Big Exchanges doesn’t guarantees that coin will be purchase on huge volume.

Even in very big exchanges there are coins which don’t have enough volume. Coin volumes mainly depends on following factor

  1. How much big is the community
  2. How much active is the development team
  3. How many places where coin is readily accepts as other form of payment
  4. How Strong is the technicalities of the coin.
  5. How strongly it’s being promoted and it’s being brought in the attention of Crypto Users.

Time Taken to Grow on the Exchanges

After coin is being listed on the exchanges , it’s not wait and watch. Lot of efforts need to put up to get the users attention.

To do self sell and purchase and buy more coins , this needs to be done to pump up the rate.

Coin dumping needs to be avoided to maintain the rates.Need to ensure private source code or heavy mining machine. Because Crypto Miners immediately start mining and sell them when the price is right. They may even start dumping the coin.

After all the above steps are taken post listin the coins , lets see how much time is required to attend the organic 1 BTC Volume. Without our own pumpers.

Time Taken By Exchanges to Reach 1 BTC Volume in Organic Way No Pumping by Founders

Exchange NameTotal Volume Time in MonthsComments
Poloniex.com4000 BTC3-4 MonthsNo Guarantee but chances are high
Binance.com154704 BTC3-4 MonthsNo Guarantee but chances are high
HitBtc.com40582 BTC6-7 MonthsNo Guarantee. Chances are high if you by their other services
Yobit.net3731 BTCNo Guarantee
Mercatox.com800 BTCNo Guarantee
Stocks.exchange32 BTCNo Guarantee
BitRidex.com350 BTC4-5 MonthsGuarantee if you buy Specific Package.
Cryptocrix.netNot KnownNo Guarantee

 

Above analysis clears that reaching volume is again off line work , it’s like promoting coin to international users. International Crypto Users are not fool to buy the coin , just seeing them on Exchange. Lot of other efforts are required , main in marketing and technical upgrade of coins on regular basis.

 

Pros and Cons of Exchanges

Lets analyse the pros and cons of reference exchanges and see where we fit.

 

ExchangeTotal Volume ProsCons
Poloniex.com4000 BTCHigh Volume , Listed on Cryptomarket , Good User BaseCheck  Criteria , many coins don’t fit here
Binance.com154704 BTCHigh Volume , Listed on Cryptomarket , Good User BaseCheck  Criteria , many coins don’t fit here
HitBtc.com40582 BTCHigh Volume , Listed on Cryptomarket , Good User BaseMany coins are listed , No attention to small coins , high listing fee of upto 10-25 BTC
Yobit.net3731 BTCHigh Volume , Very High User Base , Listed in CryptocompareBad Support , Many Coins without Volume , No Attention to Small Coins
Mercatox.com800 BTCAverage Volume , Average User Base , Listed in CryptocompareMany Coins with 0 volume , No Support from Exchange related to Coin Boost Up.
Stocks.exchange32 BTCListed in Cryptocompare Airdrop is cheap and can help to boost coin presenceMany Coins with 0 volume, No attention to new or small coins. Airdrop is average
BitRidex.com250 BTCAverage Volume , Great Support for Coin Pumping.Average User Base , Accepts private repository with additional payments Not listed in Cryptomarket will take more 4 months as mentioned by support team , Average User Base , Support response time is 24 Hour which is slow.
Cryptocrix.netNot KnownCheap Listing in around 0.1 to 0.2 BTC. Good Support in 24 Hours. Withdrawal cycle every 6 Hours.Low Volume , Low User Base , Not listed in Cryptomarket

 

Understanding Exchange Fees

Every Exchange has some good features and their fees is also high.Coin Owner needs to choose between the best available features and his requirement and most important is the budget. Below is the rough comparison of different exchanges in relation to Budget.

Exchange NameTotal Volume FeeServicesComment
Poloniex.com4000 BTC     0 BTCOnly Coin ListingCoin’s don’t feet into Criteria.
Binance.com154704 BTC    0 BTCOnly Coin List , AirdropCoin’s don’t feet into Criteria.
HitBtc.com40582 BTC    10-25      BTCCoin LIsting , Aird Drop , Twitter UpdateToo Costly
Yobit.net3731 BTC    1.5 BTCCoin Listing , AirdropIf Not Listed 100% refund guarantee.
Mercatox.com800 BTC   0.5 to 5 BTCCoin ListingIN Most cases its 2-5 BTC since
Stocks.exchange32 BTC   1 BTCCoin ListingLow Volume
BitRidex.com250 BTC   0.3 – 3 BTCCoin Listing .Guaranteed Purchase of upto 1000$ Per Month.Will take 4 Month to be on Cryptocompare
Cryptocrix.netNot Known   0.1 to 0.3 BTCCoin Listing , AirdropGrowing Slowly good investment for long run.

 

.Hope You would have understood the above analysis. Though we have mentioned the exchanges name , but consider them as a category and then take our decision.

Consider them as 8 Types of Different exchanges.

Launching and developing the coins is very very simple task , but putting it in right place in front for right people is a very big challenge.

If you still need help you can always contact us at : +91 8422996372. If you want to submit any of your query please click here.

 

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Founder at Techaroha Solutions Private Limited. 10 Years experience in Software Industry with a special focus on SugarCRM,Artificial Intelligence , Deep Learning , Block Chain Technology and Crypto Currencies and Decentralization of Power using Block Chain. Block Chain Trainer and HyperLedger Trainer
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