Exchange listing Update

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Last Post 01 August 2019

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Soferox posted this 30 May 2019

Hello Everyone,

Though you may not think it we are in communication with multiple exchanges trying to find the best option.

Currently we have 1 agreement in place for a medium sized exchange. They are asking 2 BTC for listing. We were hoping to spend 1 BTC per exchange, but simple matter is prices are still always at the mercy of an exchange. Our goal was to do 2 small-medium exchanges for a total of 2 BTC which is around 17k USD and then one medium-large exchange for no more than 4 BTC. This would cover us in a good area and give the chance for arbitrage trading. However, many of these exchanges take days to reply and multiple email request.

Everyone is quick to judge, but we can't help if exchanges take 3-4 to reply to our emails. This can make this project take a very long time. We are still awaiting some response from things we sent last week. Exchanges operate at their own pace and don't really care about the coins they are working with, just as long as they get paid.

So we ask our community are you that eager to get listed? If so we will spend the 2 BTC and proceed.

Thank you,
Soferox.

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Token Research posted this 30 May 2019

I can't comment on the price for listings, so maybe put a poll in Telegram to ask people about the last question with respect to spending 1 BTC or 2 BTC for one exchange listing.

After you have a listing(s) in place and there is volume on Soferox, could you also look at submitting your coin to https://coinswitch.co/ please. Not everyone uses exchanges or wish to go through KYC on multiple exchanges and I find that Coinswitch integrates with a number of places and works really well. Their customer service is also timely if users have any issues or suggestions.

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Token Research posted this 15 June 2019

Also, after Soferox is on an exchange can you submit a form to https://coinpaprika.com/ to have them list your coin? Not all of us use CoinMarketCap and Coin Paprika is pretty popular with some app developers.

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Token Research posted this 10 July 2019 - Last edited 10 July 2019

Could someone provide an update on the exchange listing situation please. 2 weeks ago https://forum.soferox.com/thread/exchange-listing-finalized/ this post mentioned you will state where you are listed but no update since.

If you're not listed yet, can we at least know what the hold up is this time around.

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Token Research posted this 12 July 2019

Glad to see we are up and trading at STEX https://app.stex.com/en/trade/pair/BTC/SFX/

No announcement on the main web page though, so posting here for others that don't get to Telegram.

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Token Research posted this 13 July 2019

Soferox - can you send a listing request to https://coinpaprika.com/ to have them add your coin please. They are already integrated with STEX, so it should be easy enough to get your coin on there. They are similar to CoinMarketCap but they list projects with low volume and their rules are less strict.

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Token Research posted this 13 July 2019

I'm not going to let the drop in value bother me at the moment. The project is still around and there have been hundreds of scam projects where people will never get back their money or investments.

I will say then that if someone believes in the project, they will use this chance to buy up more coins but unfortunately for those who do not, they would either have to sell now or wait until the price increases and then sell at a value they are comfortable with.

But whether crypto markets or the actual stock market, this was not the first and will definitely not be the last project that will drop in value from its ICO price to when it has listed. It all depends on what you do going forward.

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specter posted this 18 July 2019

Whats more frustrating is that the other projects around the same time had a huge spike, even if followed by a 99% drop. SFX could've launched an ERC-20 in the meantime to allow market participation. Anyways, good luck to everyone, maybe we get a minor revival in price eventually, but for now my $1500 invested will barely cover BTC transaction costs if traded now.