@DmgBautista probably a stupid question but defichain have indeed submitted

Question

DeFiChain - International

James

@DmgBautista probably a stupid question but defichain have indeed submitted

an application to be listed on bianace.. right?

#blockchain #cryptocurrency #defichain #english

0

24.12.2021

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DanieL BaptistA

Hey James! Not stupid at all! The only stupid question, is the one that's not done! I don't have such information, but I would say no if I had to risk a guess. The thing is, to be listed in Binances and the Coinbases of this life you need first of all, a lot of volume. Exchanges get their money from volume and we are currently not exactly there, altough rising. We have been more far than now 😉 If you dont have a big and steady average volume, only with some big donations. There is another way, in the example of Binance, in which a project representative can submit such application. For Defichain, that would mean that this decentralized project would need to have a representative (not exactly the main characteristic of a decentralized project) that can be held responsible for communication on a weekly basis with Binance, to present project performance, projwct roadmaps, metrics and much much more information. It would be a full time job (not kidding). I actually wrote that a few months ago, I will try to find that post if its possible. Thing is, as a decentralized project, things get a bit difficult as having such representative. Perhaps and in my opinion (correct or not), that "person" would have to come in the form of DAO.

0

24.12.2021

DanieL BaptistA

Just found my post (thought it would take a lot more time 😂. I'm sorry, it's a rather quite extensive article (CZ published this in the website a few months ago, some users may have seen it also I dont know. I'll tag you in it below so you can read it

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24.12.2021

Helldiver82 Hüter · Accepted Answer

Helldiver82 Hüter

I assume that Binance dont want to list our beloved Coin because its a competitor to BNB... same with CMC 😢 and the volume... we needed much mire volume for cmc and it was not reached due to unperfect dstock start... now it will probably not be reached next months

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24.12.2021

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@DmgBautista probably a stupid question but defichain have indeed submitted

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