Binance,KuCoin,And Bithumb Lead 2024 Exchange Listing Effect

Binance, KuCoin, and Bithumb have distinguished themselves in the realm of new coin listings, according to the "2024 Exchange Listing Effect Research Report" published by Klein Labs. The report highlights the unique strategies and market impacts of these exchanges, providing valuable insights for investors.

Binance, known for its stringent listing standards and extensive global liquidity, has seen new coins listed on its platform experience an average price increase of 58% within the first month. This significant rise underscores the strong market recognition and trust that Binance commands, making it a preferred choice for new coin listings.

KuCoin, on the other hand, has adopted a strategy of frequent new listings and mining activities. This approach has provided small-cap coins with opportunities for excess returns, attracting a substantial number of investors. KuCoin's dynamic listing strategy has positioned it as a platform that offers high potential returns, particularly for those willing to take on higher risks.

Bithumb has benefited from the high trading enthusiasm in the domestic market. The trading volume of domestic projects on Bithumb has surged by 3 to 5 times, reflecting the powerful influence of the "Korean Wave" effect. This local market enthusiasm has significantly boosted the performance of new coins listed on Bithumb, making it a key player in the regional market.

The report emphasizes that the listing strategy and market positioning of exchanges play a crucial role in the market performance of new coins. Investors are advised to consider the characteristics of different platforms to optimize their investment decisions. Binance's global reach and strict standards, KuCoin's frequent listings and mining activities, and Bithumb's local market influence each offer unique advantages that can impact the success of new coin listings.