Crypto Exchanges charging Up to $3 million to list tokens

in #cryptocartalk7 years ago

Crypto Exchanges Charging Up To $3 Million To List Tokens

Cryptocurrency trading exchanges are charging as much as ten times the amount traditional exchanges request for securities, according to a paper released by Autonomous Research, a fintech analysis firm.

“The market price to list a crypto token on an exchange is $1 million for a reasonably regarded token, to $3 million for an opportunity to get quick liquidity,” explained the authors of the report.

Tokens become more attractive if buyers know they can trade them easily, meaning the success of an ICO often comes down to getting the listing on an exchange.bold