Cryptocurrencies
Crypto Exchanges in Anything-Goes Mode to Reverse Trading Plunge
- ‘Native’ token issuance is raising red flags among analysts
- Listing fees can vary by project in contrast to other bourses
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With digital-currency trading volume having plunged, some of the biggest crypto exchanges are turning to unorthodox practices to boost activity and win market share.
Bitfinex, FCoin and OKex are encouraging startups to drive depositors to their online-trading platforms to get coins listed. Other exchanges, such as Binance and KuCoin, are embracing listing fees that can differ by project. Many exchanges are also rolling out their own "native coins," which traders then use to vote on potential listings.