why some others market like coinbase or kraken not but checklist Iota?
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Think some of us have been waiting for that answer since 2017. Soon™
Politics
Several reasons, but the main one is that IOTA Foundation won’t pay for it. It’s a sad reality but exchanges don’t really care about anything but making money.
Iota Is not yet decentralized technology
These answers you’ve got are spot on.
Exchanges list coins for two reasons:
* Bribes
* Volume (more exchange fees)
Ask Coinbase and Kraken.
Iota is feeless so it’s harder for them to skim off the top with fees without backlash. Foundation won’t pay for it either
Usually the issue with US exchanges is regulatory risk.
If it could be deemed as a security, they won’t list it. (unless its too huge)
Because until the coordinator is removed AND making iota decentralized, unfortunately IOTA have a bad reputation of never delivering and not giving ETAs is making it worst.
Iota isn’t popular. That means it has a low trading volume, that means low trading fees generated for the exchange. If I was running an exchange I wouldn’t list Iota either, basically not worth it.
The founders are huge ethereum and bitcoin bagholders. Iota invalidates their stash. A fee free instant transaction dapp defi coin that scales infinitely would quickly replace bitcoin and ethereum for grocery store transactions or daily transactions and would directly outcompete banks which need fees to pay employees. The monopoly is all fighting iota to stay relevant from old coins to banks. That is the elephant in the room. Iota and especially the decentralized shimmer is TOO good.