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qortal_101 [03/27/2023 19:27] – [Listing QORT on Third-Party Sites or Exchanges] gfactor | qortal_101 [03/27/2023 19:30] (current) – [Listing QORT on Third-Party Sites or Exchanges] gfactor | ||
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CoinGecko or CoinMarketCap. If anything, it gains Qortal more exposure and credibility. We have been listed on CoinMarketCap as an ‘untracked listing’ since QORT is not listed on any of their approved third-party exchanges. It turns out CoinGecko will only approve projects that are listed on exchanges they approve. So CoinGecko is not an option considering the next point below. | CoinGecko or CoinMarketCap. If anything, it gains Qortal more exposure and credibility. We have been listed on CoinMarketCap as an ‘untracked listing’ since QORT is not listed on any of their approved third-party exchanges. It turns out CoinGecko will only approve projects that are listed on exchanges they approve. So CoinGecko is not an option considering the next point below. | ||
- | We have no interest in listing QORT on third-party exchanges: 1) we have our own Trade Portal, 2) listing on exchanges typically requires fees, and 3) are mostly centralized and totally against the Qortal ethos! The biggest risk factor is working with a CEX’s database and just like your traditional bank, your balance is a virtual credit that you are assuming is able to be cashed out at any time. In other words, users assume the CEX has proof of reserves which historically is not always the case. There’s just too much risk associated with these services so from an ‘official’ stance, our project wont be supporting the idea of listing on CEXs. These centralized exchanges are exactly why Qortal’s Trade Portal is being developed - to offer true peer-to-peer (P2P) trading and local wallets without any middleman and nonsense that has historically come with it! | + | We have no interest in listing QORT on third-party |
===== How to buy QORT ===== | ===== How to buy QORT ===== | ||