What are the strategies used by crypto exchanges to obtain a variety of coins?

1 answers

• McCarty McGarryJul 06, 2023 · 2 years ago
  To obtain a variety of coins, crypto exchanges employ different strategies. One common approach is to establish partnerships with blockchain projects and token issuers. By collaborating with these projects, exchanges can list their tokens and attract users who want to trade them. Another strategy is to participate in ICOs and token sales, allowing exchanges to acquire tokens at an early stage. Additionally, exchanges may engage in direct negotiations with coin developers and miners to acquire coins for listing. These negotiations can involve purchasing coins or providing incentives to developers and miners. Overall, the strategies used by crypto exchanges to obtain a variety of coins involve partnerships, investments, and direct negotiations.
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