A beginner’s guide on how to get your crypto token listed on an exchange
in my first post i posted that how to make your own token you should check out that first
and this blog is not gonna technical this post is totally fundamental based
While most cryptocurrencies are purpose-built differently to serve various use cases, tokens that make a name for themselves in the marketplace share some common traits — that are highly appreciated by crypto exchanges.
when it comes to getting listed on crypto exchanges, the tokens need to prove their worth across multiple factors.
the token blockchain matters mostly it should be your decreasing point when your token is maded on the etherum(erc-20) and youre going to binance to launch it{for example}
the main important thing is the proven team like you can start it with blogging team to promote your self on the social media and you main goal should be making the team
who should intract to the development,marketing,progress,web3
introducing new features based on the previously established roadmap and white paper.
you should check the bndx token team,white paper,roadmap,their twitter,marketing stragies in the web 3 world
you needed the strongest team ever
usefulness
the usefulness of the token determine by the use cases it aims to serve and the community which hides behind it{team,marketing works}
the long term sucess of any token its based on its usefulness
Most cryptocurrencies on the market launch with the goal of solving at least one of the existing pain points within the crypto or traditional finance space.
suggestion:-if youre looking to make a iger thing so you have to collobrate or affiliate with the web 3 gaints like solana etc
and yeah we maded our token on our last blog on the blockchain of the solana
it is important for tokens to serve use cases that can solve real-world problems.
{like imagine the situation in your mind that a company levono gonna make its nano technology based headd set which connect us with their store in the web3 so you can for surely offer your technology with them but i highly recommend you should have your own coin for it and not just the token}
Large user base
As previously discussed, a large user base serves as a clear indication of a project’s success. Community-focused initiatives such as airdrops and launchpads, known as (IDO) platforms, are the primary means for crypto projects to harness an initial user base
Liquidity
on the cryptocurrency ecosystem, higher liquidity relates to the ease with which tokens can be traded with each other on platforms such as crypto exchanges. In addition, having the ability to sell at will instills trust among investors in turn promotes more participation from the community.Security
its the main factor you have to coverMajor crypto projects are just one orchestrated attack away from being drained off all funds and shutting down.
its essential to build the trust in the open market
Exchange-specific requirements to get your tokens listed
if your token covered the above conciquences now the including Binance, Coinbase and FTX have disclosed certain guidelines that help token-owners navigate through the specific geography-based requirements.LOLL FTX FORGET THE NAME OF IT
Get your token listed on COIN BASE
Coinbase, too, takes a similar approach for LISTING new crypto assets on its exchange, which begins with filling up a form. Upon submission of the application, the tokens undergo evaluation based on Coinbase’s self-derived digital asset framework.Coinbase does not charge an application fee initially but may impose it in the future, depending on the volume of the submissions and related operational costs. The exchange also lists tokens without requiring an official listing request — purely based on its compliance with local regulations and market demand.
The crypto exchange rolls out new token listings in four phases: transfer-only, post-only, limit-only and full trading. Each phase represents the degree of functionality Coinbase has allowed for the particular token.
What to do once you’ve applied for a token listing?
SHARE REGULAR UPDATES LIKE MAKE THE WEBSITE AND TWITTER AND ITHER SOCIAL MEDIAS LIKE YOU SHOULD SEE THE BNDX BONDEX TOKEN UPDATES DAILY
Embed native ecosystems AS I MENTIONED ABOVE THERES A SAME CONCEPT IF YOUR TOKEN IS MADED ON THE BNB THEN YOU VE THE HIGHER PROBABLITY OF LISTING ON THE BINANCE
Wait until your application is approved
Crypto exchanges are on the receiving end of countless applications for token listings — ranging from promising projects to someone that’s just trying their luck. As a result, exchanges are known to take a lot of time to sift through the applications and approve only those who adhere to the listing requirements.Crypto exchanges recommend applicants continue working on their projects regardless of being selected or not. Exchanges often monitor older listing applications and may choose to contact them based on their ongoing market performance despite being rejected in the past.
Finally, projects must refrain from reaching out personally to officials and owners of crypto exchanges for updates on the approval status or sharing any WHITE PAPERS When contacted by the crypto exchange, projects must make sure they have received the communication from an official email address, which is usually signed with a digital signature. Keep in mind that the selection criteria for getting listed on a crypto exchange keep evolving over time as and when new regulations and offerings come into play.
Trading as a marketing tool
SEE YOU SOON POST IS FOR THE INTERMIDIATE LEVEL EXPERTS IN THE CRYPTO WORLD