Ascendex Exchange Listing

I want to inform about this.
I opened an account and checked that Ascendex (Former Bitmex) Cex listed MWC with slatepack method.

As groundskeeper i filled forms, applied for Listing and now in contact with their listing manager. I will inform comnunity about the process.

Feel free to tag Ascendex and share your support for GRIN on social media! It will be good to show that GRIN is a lively and engaged community is evident, as they actively discuss market making and liquidity topics.

https://x.com/M_W_Coin/status/1901445835113824288

9 Likes

For the latest info, Ascendex prone to listing, but demand fee.

Ckeci,
We have come to an agreement on all marketing and Market Maker activities, along with collaboration with the Grin Community and Ascendex. We are dedicated to assisting with all upgrades and providing technical integration support through our skilled developers, who will allocate their time and contribute to community initiatives. However, the listing fee presents a significant hurdle for Grin, as it is a decentralized cryptocurrency lacking a foundation or CEO. How should we proceed?

@AscendEX,
That said, we want to make this work. Many decentralized projects in the past have done community fundraising to cover fees, and we’re flexible on payment structure. We can start with 50% upfront to kick off the technical integration, and once everything’s ready for launch, you can pay the rest — we’ll go live based on your timeline.

Also, to make things easier, we’re offering a 50% rebate on trading fees — it’s our way of helping support the project long-term

@AscendEX,
Let me know your thoughts, happy to work together to find a solution that fits the Grin community

1 Like

I am getting less and less hopeful any exchange is going to list grin purely out of support for the project. Perhaps it is time to create a separate group of people who wants to work on Grin listing at exchanges, with its own fund to which people (e.g. miners) can make donations.

If an exchange would be willing to commit long term, e.g. listing grin for at least the next 10 years for a certain fee, it would not even be so bad to donate to such a fund. The problem is that none of them to my knowledge are willing to commit long term. The real issue is that to my knowledge, 99% of the exchange purely do listing as a business as follows:

  1. Collect a large fee and list perhaps for 6-12 month
  2. Start to complain about costs and low liquidity,
  3. De-list the project
  4. Repeat to extract more money from projects

Only if an exchange would be willing to commit long term, it might become worthwhile to collect funds for listing.

4 Likes

thanks for Negotiating with the exchange

@Cobragrin Perhaps that would be a good question to ask them, if they would delist if the liquidity is low. For how long would listing be guaranteed if we raised money for it?

Let me ask about it. :+1:

I’m a little curious, it’s easy for me to trade grin at gate.io.gate.io exchanges are not available in your region?

Gate.io is not easily accessible in some regions like the US and EU, and trading “privacy coins” is prohibited for users from these regions. Personally I like Trade Ogre for trading.

Ascendex response;

Delisting is extremely rare and only considered in exceptional cases — if a project is completely abandoned and shows no trading activity, and there’s been no communication from the team over a long period.

At AscendEX, we take our responsibility to users seriously. In such situations, we will always reach out first to discuss potential solutions before taking any action. Our priority is to work with you to find a path forward that supports both your project and our trading community.