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Questions and Answers
Which of the following is a potential issue with listing Bad Idea AI token on a CEX?
Which of the following is a potential issue with listing Bad Idea AI token on a CEX?
- Difficulty in attracting investors
- Limited trading options for token holders
- Lack of liquidity on the exchange
- Increased exposure to regulatory scrutiny (correct)
Why might listing Bad Idea AI token on a CEX result in limited trading options for token holders?
Why might listing Bad Idea AI token on a CEX result in limited trading options for token holders?
- CEXs typically have a smaller user base compared to decentralized exchanges (DEXs) (correct)
- CEXs have higher trading fees for tokens like Bad Idea AI
- CEXs do not support trading of utility tokens like Bad Idea AI
- Bad Idea AI token is not compatible with CEX trading systems
What could be a potential disadvantage of listing Bad Idea AI token on a CEX?
What could be a potential disadvantage of listing Bad Idea AI token on a CEX?
- Increased liquidity for the token
- Loss of control over the token's listing (correct)
- Higher trading volumes for the token
- Easier access to a wider range of investors
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