Cryptopia Closes LTC/DOGE Markets and Gets Expneisve to Add New Coins

in bitcoin •  7 years ago  (edited)

This used to be small exchange but due to loads of ICOs and volumes it become huge.

They used to denominate every market in few coins.

Sadly LTC/DOGE pairs are dead now.

This means loads of smaller cap coins wont be able to trade on BTC pair, since LTC or DOGE was needed.

Listing STEEM ?

They used to list coins for free but now theres only paid service and it costs a bit of their internal coin.

By estimation (this is way lower actually) it would be..

This just shows how crazy crypto market is now.

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Most exchanges these days charge for listing new coins. Those exchanges high up there in volumes charge exorbitant amounts. Cryptopia isn't high up there in volumes to justify that high a listing charge.

The new coin listing fees are insane.

Even the coins that win votes take forever to get listed. XRB on Binance is an example... There's so much demand and these exchanges are struggling to keep up.

The services are not matching the insane fees...

Lot of new coins,prices of listings rise..This is good because,it filters a lot of shity scam coins that appear very day like mushrooms.They probably won't pay lot of cash for listing.

It's insane man. Look at the fee they are charging for listing of the coin that is unbelievable.
I personally think Binance is very good addition for steem trading.

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yes now the bitcoin exchange is attracting the traders by their referral commission & many others things like less fee etc so its better to trade on binance which is also listing many new coins their exchange.

Unbelievable, how can it be so expensive!

Wow, how cocky for such a "small" exchange, ridiculous.

everybody has his they they are simply encashing it

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Get steem listed everywhere :D

Once they start to make money they always "Go Hollywood"

Even gamers are having trouble building gaming PC's because crypto miners are buying up all the graphics cards pushing the price up

thats really true

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Thanks for this cryptocurrency news update providing.... i appreciate this post. i wait still your next post, best of luck dear friend

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Wow! Am sorry to hear that.

i'm new here I could not earn any more, i hope i can be like you @kingscrown

  ·  7 years ago (edited)

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i just trade on BTC pair which is a good thing for me to trade but its better to give a try to the other pairs instead of BTC ,than what if the thins like this gonna happen than it will just create panic among the trader of that exchange.

Thanks for the recommendation of other exchanges!

Thought its time to try other alternatives and i personally use mostof Binance and i'm glad they have STEEM listed :D

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Let's be honest most of the volume for cryptopia is electroneum. So not that bad.

really great post.tnx for update post.love it sir@kingscrown

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Good work,great post.

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there's a coin; it's called Monero.
Then at number nine, coming up the stairs,
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If you wanna reach your crypto quota,
number eight is called IOTA.
If you fear a crash, and you want a stash,
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Divesting is wise deterrent.
And you can always reinforce with Steem.
Either way, you can live your dream

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I was trading the day the LTC & Doge markets closed. It happened unexpectedly and people were freaking out. The truth is Cryptopia didn't have the infrastructure to handle the influx of new users and failed to scale up their operation. Not only did they fail to make changes but they simply didn't communicate to the users what was going on. It's a shame as Cryptopia was a wonderful exchange but has lost the trust of users.

Good info

Good news for marketer

The irony to hear the haters talk about "i told you so" but theses are the same people that said " i wish i bought bitcoin earlier"... now with the opportunity to buy in this bear market.. they sit on the sideline!

@kingscrown dogecoin started as whinsical digital currency,then one campany started to suck the fun out of it

Great article

Great info for us .I upvote u bro. Upvote my coment too. Thanks.

Great info for us .I upvote u bro. Upvote my coment too. Thanks.

95% of the users care about only 1 thing: a status or progress report concerning the LTC/DOGE markets. You did not supply any report about this for a long time. People are outraged. Please supply us with an update.

  ·  7 years ago Reveal Comment

I feel cryptopia is very immature. They delist coins because the community complains? SAFEx anyone?

I to like cyrptopia and after it i like binance. Cryptopia exchange charges higher then binance but contain log of al coins. I buyed Doge coin, paccoin, Reddcoin. Changelly https://changelly.com/?ref_id=3020a3569f91. One of best service provider. I use this service to buy Digitalnote. Cryptopia is good because they allow users to signup easily so you perform exchange but you perform exchange by LTC and BTC only other option don't allow to buy your fav. coin . Other exchange are also good but take high time to verify your account.

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I think these Cryptocurrencies gonna wash all world's wealth, BTC is going down and down and down. A Lot of investors will have heart fail on their losses.

Bravo. Good info in post
@kingscrown

Soon cryptopia will closed down too... if they closed those market and charge huge just to add a coin. No one will go to them, there are plenty of better exchange than they are.

They removed doge and LTC what are they mad!?

I think full dogecoin market is dead. If you see there is no trading pair with Dogecoin in Cryptopia

For NOOBs it may be much easier to use wallets with built-in exchanges (Coinomi) or decentralize/permissionless exchanges (flyp.me, etherdelta etc)

Expneisve is in your title. Might want to change that haha just helping out ;)

Well isn’t that an unexpected turn of events....well actually, it’s crypto- can anyone really be surprised.

Good to see that etherume in top position😍

  ·  7 years ago Reveal Comment

Feels good to buy a whole Litecoin. Loving the current dip!

Thanks for the info. Crazy with all the ICO's out there and how fast some of these exchanges are charging insane amounts of money to list with them. As always, appreciate all your crypto knowledge!

Good post
Thank for sharing..
@kingscrown

very good information @kingscrown, this is very useful for the crowds. Because here you describe the coin information for steemit. I really like this post. Because I can find out information about market developments. Thanks for sharing, I hope you will be more successful

Is this the bitter end for Bitcoin? For cryptos? Well, no, probably not. Get your head screwed on right and you’ll see that (for better or worse) many coins have seen unprecedented growth in the last six months to a year, even with Bitcoin’s price halved from holiday highs closer to $20,000.
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The whole crypto space is just crazy, the number of changes, amount of news, announcements... its just ovewhenlming. But fun. Great post :)

I actually don't see this as a "bad" thing. There are way too many coins so by elevating the treshhold only the better and robust coins will remain.

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omg! ethereum in top position.the new coin listing fees are crazy.

It's a perfect timing to ask these listing prices in a huge bear market ... I guess we won't see many new coins being added to Cryptopia in the near future ...

The developers for doge are gone, it has no support from the team it was only a matter of time. This was not an ltc thing!

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i am relay afraid off........ i don't know what is the future of cryptocurrency

They're opening an LTC sister site. Its going to be Ltc.Cryptopia.co.nz

upvote and re steem

Some of the exchanges are listing coins like crazy but they dont ajust the fees...Some of Binance fees are insane to withdraw, if you are a small fish it can be crippling.

I dont get why they cant just make an automated %Fee then convert that into the currency you plan to withdraw?

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Very interesting for your post, i know that because your posting

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great article , keep the good work

I just hope this move won't affect the value of litecoin and dogecoin. I was a bit optimistic about these alt coins since I could not be able to get ethereum. I'll just have to cross my fingers and wait for the better news about cryptocurrencies. Thanks for the info

It's amazing the kind of upheaval being experienced by the crypto market.

Thanks, this post is really resourceful. I didn't see that advertised elsewhere.

Nice to meet you. I first started to get into steemit. I'll follow you. Thank you for a good article.

i have pacc in cryptopia , no possible to widraw , you have solution tank you