Inquiring minds often seek to understand the intricate process behind how a
cryptocurrency exchange lists tokens. Could you elaborate on the steps involved in this process? I'm particularly interested in the initial assessment of the token's viability, the compliance requirements, and the technical integration necessary to make it tradable on the platform. Additionally, I'm curious about any fees or requirements imposed by the exchange for listing a token, as well as the potential impact on the token's liquidity and market capitalization once it's listed. Clarifying these aspects would provide a more comprehensive understanding of the listing process for cryptocurrencies.
5 answers
Andrea
Fri Jul 19 2024
Next, a post-only phase allows for the posting of buy and sell orders, but no actual trading occurs.
HanRiverVisionary
Fri Jul 19 2024
The cryptocurrency exchange adopts a flexible approach to token listings, bypassing the need for an official request.
Riccardo
Fri Jul 19 2024
Instead, it evaluates tokens solely based on their compliance with local regulations and market demand.
CryptoMystic
Fri Jul 19 2024
This allows the exchange to efficiently adapt to the evolving crypto landscape.
Isabella
Fri Jul 19 2024
The listing process is structured in four distinct phases. Initially, there is a transfer-only phase, where tokens can be transferred to and from the exchange but not traded.