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Are there any profitable outcomes from these deposit to list events?


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Frequently, I see 'deposit to list' events on various CEXs, especially those that are still growing. 
During these events, the CEX sets a predefined deposit threshold for a specific token within a specified time frame. If the required amount of deposits is met, they list the token on their platform and frequently provide incentives to the depositors. I'm eager to understand the advantages this brings to the CEX, as well as the potential benefits for investors engaging in these opportunities.

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By participating in deposit-to-list events, investors have the opportunity to receive free rewards as incentives. This can lead to significant profits, as they get to share the incentives allocated by the CEX. The cryptocurrency is listed for trading once the deposit threshold is met. Bitget has organized one such event for Grimace coin, which includes an $8,000 GRIMACE prize pool. However, investors need to conduct their own research before getting involved in the event.

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Traders may have more confidence in the listed projects on the exchange, knowing they have passed certain criteria and have invested in the listing process.

And as well, the deposit acts as a safeguard for the exchange against potential market manipulation or price volatility caused by newly listed tokens. That's why big Exchanges like Binance takes time to list any coin. A perfect example I'd like in this category is Bitget, they always seem to be careful on whatever they list and even during the listing. The story of REELT made me really give them my 100%

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On 02/08/2023 at 10:06, AnanyaBushra said:

Frequently, I see 'deposit to list' events on various CEXs, especially those that are still growing. 
During these events, the CEX sets a predefined deposit threshold for a specific token within a specified time frame. If the required amount of deposits is met, they list the token on their platform and frequently provide incentives to the depositors. I'm eager to understand the advantages this brings to the CEX, as well as the potential benefits for investors engaging in these opportunities.

Sure there are, asides the fact that it helps tokens to gather liquidity before listing, it can be an opportunity to earn passive income for participants

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 Listing new tokens through deposit to list events can attract more traders and investors to the exchange. This increased trading activity can lead to higher liquidity for the newly listed tokens, making it easier for traders to buy and sell them at competitive prices.
The aforementioned exchange is amongst the few exchanges that has a wide geographic reach, which will allow the project to tap into new markets and reach users from different regions around the world. More so, listing on a reputable exchange can provide a platform for accurate price discovery. The increased trading volume and diverse range of participants can help establish a fair market value for the newly listed token. 
 
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On 02/08/2023 at 10:06, AnanyaBushra said:

Frequently, I see 'deposit to list' events on various CEXs, especially those that are still growing. 
During these events, the CEX sets a predefined deposit threshold for a specific token within a specified time frame. If the required amount of deposits is met, they list the token on their platform and frequently provide incentives to the depositors. I'm eager to understand the advantages this brings to the CEX, as well as the potential benefits for investors engaging in these opportunities.

Are you new to the crypto space? Deposit to list often give participants opportunity to participate in the token listing earlier enough to benefit from good price increase after its listing. It also gives participants opportunity to participate in airdrops on-time, just like Bitget does. 

It also gives brand awareness of the platform on which the token is listed so new participants that are interested may join. 

Usually, they are good ways to encourage new projects that are just made and potential ones too.

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Of course there is, quite a number of times, I've benefitted off committing a certain amount of BGB on Bitget to earn passively. It is clearly one of the simplest ways to earn, easy peasy. The deposit to list events also give users some voting rights on the listing of their favourite tokens, it also let them earn for the early support. In nutshell, some of these activities are ones to capitalise on.

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  • 2 weeks later...
On 07/08/2023 at 01:18, Megamind said:

Are you new to the crypto space? Deposit to list often give participants opportunity to participate in the token listing earlier enough to benefit from good price increase after its listing. It also gives participants opportunity to participate in airdrops on-time, just like Bitget does. 

It also gives brand awareness of the platform on which the token is listed so new participants that are interested may join. 

Usually, they are good ways to encourage new projects that are just made and potential ones too.

That's how I added some GRIMACE to my pf, now with a good price trend hoping to get a decent return. 

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Been an early bird in this kind of events has enabled me to take advantage of good initial price trend. Rn im enjoying good returns from the GRIMACE token i secured in the aforementioned exchange not long ago cos the price trend has been bullish lately 

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