Kaspa, a cryptocurrency with competitive technology, has not been added to major exchanges like Coinbase and Binance. Axel, a member of the Kaspa community, shares his views on the reasons for this delay.
Technological Advantages of Kaspa
Axel describes that Kaspa processes more transactions per second than Coinbase’s Base chain and charges lower fees compared to Binance’s BNB Chain. Additionally, Kaspa relies on pure proof-of-work security, making it a direct competitor to the chains managed by these exchanges.
Reasons for the Listing Delay
Axel believes that the key reason for the delay is that listing Kaspa would bring increased interest and trading volume, which could divert developers and users from both exchanges' ecosystems. At the same time, it is important to consider that both exchanges require consistent trading volume before adding new assets. There are also legal and technical hurdles associated with integrating proof-of-work chains.
Conclusions and Predictions
While Axel is correct that Kaspa's growth may eventually make it hard for exchanges to ignore its listing, the current situation is such that slow price momentum and strict exchange policies make immediate decisions difficult. Kaspa features impressive technologies, but stronger market performance is needed to elevate its listing priority.
Thus, the delay in listing Kaspa on Coinbase and Binance could be attributed to both the internal priorities of these exchanges and insufficient market activity. However, as demand and activity increase, the situation could change.
