We are currently discussing with a Top 10 Global Exchange(the name is confidential at the moment) to list FX tokens and our discussions are in the final stage. The daily trading volume on the exchange exceeds $400 million, and it has a huge international user base.
After a fruitful conversation with the exchange team, our listing team was able to negotiate the waiver of the listing fees. However , in order to distribute the funds to FX traders through various exchange marketing initiatives, we still need to contribute USD 50,000 in FX tokens as a marketing budget (this budget is mandatory).
We have a plan to submit a governance proposal to request this budget from CSP (Community Spend Pool), but we would first like input and feedback from you, the Function X community.
We believe that this exchange listing will increase the user base for FX, which is beneficial for the Function X foundation and all the FX holders. We look forward to hearing your thoughts.
The more platforms on which the FX token will appear, the better! More recognition.
And when will the popularity of the network, the token. There will also be a need for exchanges to add an fx core network.
P.S. The “FX FriendsX” validator would vote YES. Definitely)
i wont hinder anything here… just my opinion and calculation that another erc20 listing wont affect anything, since there are already really big and good erc20 listings… anything but a binance for erc20 wont change a thing…
we NEED a fx core supporting CEX, even if its just a 2nd tier exchange… that would be more efficient than another erc20 listing
I disagree I believe we need any move forward we can get, I can imagine the negations that have already been had to get it this far, it’s progress to have another exchange yes? a listing alone speaks we are moving to somewhere
but really this not for sure, if we make it nothing - ignore it - not promote it - bugger it lets go tell everyone and make it something - keep in mind maybe it might make all the difference but we don’t know until it’s done hey
I want to add my opinion!
The new listings of the FX token on the trading floors are definitely a positive thing. But this does not solve the already existing problem with liquidity on the exchanges and the lack of trading. On popular exchanges, the volume of trading in an FX token often does not exceed $1,000. And these are catastrophic numbers. And they say a lot. This needs to be changed. I hope the new listing is one of the tools!)