Cryptocurrency Exchanges demand up to $3 million to list ICO tokens

Cryptocurrency exchanges are sitting in the “pound seats” so to say as they are now charging huge listing fees to ICO’s. According to a report by Bitcoin.com and Autonomous,  to list an ICO on well-known cryptocurrency exchanges can cost anywhere between $1 – $3 million.  With these astronomical listing fees, ICO’s could be over funding their projects just to cover these costs.   Interestingly to note, the fee on the Nasdaq Capital Market for a listing of up to 15 million shares costs $55,000, substantially lower than the charges touted…

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Decentralized vs Centralized Bitcoin Exchanges, Binance wants both

Binance has just announced that they plan to develop a public blockchain in order to create a new exchange.  This time, a decentralized exchange.     Taken from the Binance statement:- “After extensively researching decentralized exchange frameworks and analyzing existing implementations, we believe significant improvements can be made in providing Binance users with a level of trading experience to which they are already accustomed. Centralized and Decentralized exchanges will co-exist in the near future, complementing each other, while also having interdependence. We stand here today because we believe that Blockchain…

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SwapFox introduces OTC Trading Desk for EOT

OTC, known as Over-The-Counter, is where cryptocurrency is traded through a dealer peer to peer network rather than through a centralized, formal exchanges such as, Coinbase, Gemini, Huobi, Binance; or even decentralised exchanges such as Waves, Tidex and CryptoBridge.  OTC trading has no physical location and all trading is done electronically.         SwapFox offers the services of an Over The Counter (OTC) Trading Desk for open source cryptocurrency and encryption coin, EOT. Through the SwapFox trading desk, traders and investors will be able to access digital currency…

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