[LISTING] MEXC x GRIN

There are a few costs associated with supporting a new coin for exchange. You need to maintain a node, keep up to date software version and familiarize yourself with the protocol to make transactions. So to charge a listing fee should be somewhat commensurate to what is previously mentioned. I know of one exchange which may be willing to list Grin without charging exorbitant listing fees which is FreiExchange although they seem to focus more on the older generation of cryptocurrencies. After that there are not too many exchanges that would provide anything different from the services already provided by Gate and Ogre. A Kraken listing could integrate Grin with some more liquidity but that seems increasingly unlikely as time goes on.

I also contacted Coinex form ardocrat@gri.mw but got no answer.

3 Likes

i also emailed and talked with Mexc and they demand 20k listing fee and 50k usd worth of Grin coin liqudity. No replied back via email after all.

2 Likes

Dunno why we so against paying for a listing, it must just be out of principle cuz Iā€™m pretty sure we have the plenty of funds.

I donā€™t pretend to know what best for GRIN, but more listings would help decentralize the project. Right now itā€™s tradeogre or nowhere basically.

So if thereā€™s anything I can fo to help with the listing, count me in.

1 Like

would help decentralize the project

Consider this other scenario: people donā€™t actually exchanging GRIN for fiat or another cryptocurrency when buying products or services, they simply give GRIN to the other party. Wouldnā€™t this promote even more decentralization? There is no middleman (currency exchange), only the buyer and the seller.

If they are demanding more than fifty thousand USD, is listing the preferred use for that money? Thatā€™s more than double what I got in the year of 2022! Wouldnā€™t investing that on projects that make GRIN the coin for settlement in transactions something that makes it more decentralized? Isnā€™t encouraging the use of exchanges defeating the whole purpose of cryptocurrency?

2 Likes

The 50k liquidity, if done correctly, could actually generate pretty decent revenue for the project. My trading style is market making so itā€™d be fairly easily to provide liquidity for grin with a project funded account. So if someone needs to manage that I could, or Iā€™m sure a script could be written to do it as well. Although that may be more risky.

3 Likes