How To Get Listed On A Crypto Exchange
Getting listed on a crypto exchange is essential for any cryptocurrency, including yours. Without trading, or at the very least providing liquidity to those looking to buy your token, not only will the currency become stagnant but investors and users of your technology will become restless.
The industry has changed, for the better, where huge listing fees are now being called out and the trading exchanges realise that projects are no longer swimming in free cash, as they were in late 2017. That being said, a quality exchange listing can still add 15%-20% to the value of a token once listed.
Now exchanges need trading volume to survive just as much as you need your token traded and a as a result, the extortion of 2017 has somewhat improved.
Binance will even take your investors hard earned money and give it to a charity of their choice, now that theyre safely the wealthiest and biggest crypto exchange on the planethow nice of them.
So what should you do to get listed on a cryptocurrency exchange?
Best For Altcoins: Binance
Geared for more advanced users
Binance US has fewer trading pairs than international version
Not all states supported
The Binance exchange is an exchange founded in 2017 with a strong focus on altcoin trading. Binance offers over 100 different trading pairs between different cryptocurrencies. It offers plenty of fiat-crypto pairs as well.
As of July 2021, Binance dominates the global exchange space, making up a significant portion of crypto trading volume daily. The exchange only allows for U.S. Dollar deposits by global users via SWIFT, but it does allow you to directly purchase a select number of cryptocurrencies with a credit or debit card. Deposits using 12 other fiat currencies are allowed, including the Euro.
Binance is suited to people who would like to trade or invest in lesser-known altcoins. Binance offers more than 50 different cryptocurrencies to trade and is a good option for anyone who wants more advanced charting than most other exchanges. The features, charting abilities, and data that come with your account are truly impressive, especially when you consider their reasonable fees.
Top 5 Metaverse Coins To Buy On Bybit Crypto Exchange
For some time now, Metaverse coins have been the most hyped in cryptocurrency as investors and traders are looking to pump capital on the new trend.
This new innovation keeps stirring different questions in the minds of people. Questions like
- Where can I get these Metaverse tokens?
- Which of these Exchanges can I get the best from? and how do I know the top best metaverse to invest in. These questions are very important when investing.
As an investor, there is always one important purpose or aim for investing, which is to make a profit, that is why you cannot just afford to invest at random but to carefully pick the top best of them all.
I will be listing the top 5 metaverse tokens you can buy on bybit.
is one of the fastest growing and popular centralized exchanges established in March 2018, with more than 1.6 million registered users.
It is built on customer-centric values, providing a professional, smart, intuitive and innovative trading experience for retail and professional clients around the world.
The top 5 METAVERSE coins on Bybit are listed below.
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Why Aren’t You Listing
While we strive to add every single cryptocurrency in the universe, it’s virtually impossible to list everything. Listing cryptocurrencies is largely a manual process that takes time and resources to ensure the accuracy of our data. Please refer to the Listings Criteria section of the methodology for detailed information on this topic.
Becoming An Exchange Owner
When most people think of owning and running their own crypto exchange, they imagine the complicated process of hiring a whole team of developers and creating an exchange from scratch. To them, creating an exchange would be a costly and difficult task theyd rather not undertake.
However, this is far from the current reality. The same way most of us can create a website with tools like Wix or WordPress without needing web development skills, you can now create a crypto exchange using white label tools like HollaEx, ChainUp, and AlphaPoint.
Compared to the costly affair of actually building an exchange from scratch, most of these allow an entrepreneur to do this at a lower cost. Take HollaEx, which offers what it calls an open-source crypto kit through which you can set up every aspect of your exchange yourself, including its fee structure, its listing mechanism, and so on. Once this is done, your exchange can be hosted either on the cloud or locally, also known as a DIY exchange. All this can be done for free until you are ready to launch your exchange through its platform.
Another market offering is ChainUp, a Chinese-made white label crypto exchange software platform that allows users to create their own crypto exchanges with a number of features including OTC, derivatives, and even some types of ETFs. Having launched over 4 years ago, this Chinese company is considered a go-to for creating exchanges with a wide roster of features.
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Best Crypto Exchange Reviews In Numbers
As experienced crypto experts & enthusiasts, we made it our mission to take out the complexity of successfully investing in cryptocurrency. Our expert reviewers have developed guides, reviews, tutorials & comparisons so you could find every bit of crypto-related information in one convenient place. Either you’re a newbie or a pro, our fact-checked insights will help you find the top crypto exchanges.
Buy Sell And Trade Crypto Easily With Professional Crypto Trading Platform
Looking for a reliable online exchange might be a complicated task. Thus, trusting a platform with extensive coverage and a positive reputation among its users might save your time.
CEX.IO products, including the Bitcoin and crypto trading platform, combines the crucial features: enhanced security, variety of services, and high market liquidity. The team applies every effort to make your trading on the platform as convenient and safe as possible.
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What To Pay Attention To When Choosing An Exchange
Of course, every exchange claims to be the best. But what you need to know is that almost all exchanges have some amount of fake trading volume. And some of the exchanges sit in the top for years solely because of those fake volumes they have almost no real traders or liquidity, but are able to sell expensive listings by pretending to have more activity, leading to disappointment and a waste of money for projects. We are sometimes approached by projects that have been deceived in this way with a request to support them. There are not many such exchanges, but there are some. Therefore, you have to be skeptical of ratings and trade volume reports, and you need to know and understand the market well to identify them. Listing agents, which we will discuss in the next sections, can help you to do this correctly. In the meantime, let’s figure out what you need to pay attention to when choosing an exchange in principle.
Average daily volume
Despite the fact that this indicator may be inflated, it remains one of the most important when evaluating the exchange. There are two main sites that are most often referred to when evaluating volumes and the exchange as a whole:
Average number of visits to the exchange’s website per month
Quantity and quality of traded coins
Community and the quality of working with it
Geography of the exchange
Reputation in the Internet
General Requirements For Exchange Listings
Before contacting exchanges to get your digital token listed, it is important that you meet the general requirements for a listing. These include:
- An innovative, original project
- A whitepaper that details all important aspects of your project
- High quality, audited code
- Passing the Howey Test
- Details about project owners and ownership structure
Once you have compiled the basic necessities for a listing, you need to check the individual listing requirements at the exchanges where you would like your token to be listed.
The Application Process
As you would expect in the heterogeneous world of digital assets, the application process to have a newly-issued digital token listed differs somewhat from exchange to exchange.
The most common applications process, however, involves filling out an online application that requires blockchain startups and/or digital currency projects to provide the following information:
- Project name
- Link to BitcoinTalk forum announcement page and social media channels
- The blockchain on which the project is built
- Link to its smart contract
- Details about the projects token economics and supply management
- Details about the token sale and token type
- Any legal documents or terms and conditions about the project or token
- Additional information
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How To Transfer Cryptocurrency From Coinbase To Coinbase Pro
Wanting to upgrade your exchange?
Coinbase is the entry point for many cryptocurrency holders, but as its users become more crypto-savvy, they are opting to transfer their assets to the more advanced Coinbase Pro.
Coinbase is the more simplistic version of the Coinbase Pro exchange and wallet. It offers an accessible user interface that doesnt require much knowledge or experience to use. However, it does lack some features compared to the Pro version.
Heres how to transfer cryptocurrency to Coinbase Pro.
Why List Your Token On A Major Digital Asset Exchange
The majority of ICO tokens especially those issued on the Ethereum blockchain can be traded on decentralized exchanges and directly on a peer-to-peer basis. So, why are blockchain startups so keen to get their tokens listed on large exchanges? The short answer is liquidity.
Generally speaking, the more liquidity there is in a digital currency or token, the more likely investors are to invest in it. If it is not possible to enter into and exit large positions in a digital token, well-heeled investors will avoid buying it. That means the ICO token would have to rely exclusively on small investors to buy and trade it, which means it will likely struggle to perform given the increasing competitiveness of the digital asset market.
Oliver Bussmann, former CIO of UBS and head of Swiss fintech advisory firm, Bussmann Advisory, told Business Insider:
If you prepare for an ICO, you have to prepare for a listing. Its important to get access to liquidity. That means the bigger the exchange is, the more effort and also more cost to get listed. If you dont get access to certain exchanges, then its tier two exchanges, which means access to investors is limited.
Large, reputable digital asset exchanges are, therefore, of key importance for startups to list their tokens if they want to increase their chances of seeing the value of their digital token increase over time.
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How To Transfer From Coinbase To Coinbase Pro
Given both Coinbase and Coinbase Pro exist within the same exchange network, transferring between the two is relatively easy, and most importantly, free. Heres what to do:
- Sign In or Sign Up For Coinbase Pro.
- Choose your desired cryptocurrency from the pop-up tab, and then select the transfer from Coinbase.com
- Input the amount you want to transfer to Coinbase Pro. If you want to deposit all of your cryptocurrency holdings, select Max.
- Press the Deposit button.
And thats it. While cross-exchange transfers such as those between Binance and Coinbase may be more complex , its a relatively simple process for inter-Coinbase transfers.
Contact Us Now About Exchange Listing
Should you use advisors to get listed on an exchange? Short answer is no, an advisor will simply not have the resources to get your project where it needs to be. They may provide some good advice, but the leg work of getting listed will still land with you and your team.
2.1 Dont only talk about your project This is a golden rule in sales, which is what youre doing here, selling yourself, but dont only make this about you. A top cryptocurrency exchange is looking for projects who can be successful, have the potential for high trading volumes and will add value to their exchange through effective listing announcements and PR.
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Benefit From High Liquidity Markets
Our liquid order books allow high-speed order execution even for huge-amount trades. Additionally, we regularly evaluate and improve the performance of the currency pairs presented on our marketplace. Still, when considering listing a new coin or token, we estimate its demand, fault tolerance, and throughput to avoid shady coins with zero market activity. Besides, millions of active crypto and Bitcoin traders help us to maintain markets of a high-quality and appropriate liquidity level.
We believe that an intuitive and laconic interface together with advanced trading instruments and world-class security make CEX.IO the best place to trade cryptocurrencies.
Best Decentralized Exchange: Bisq
Transaction speed can be slow
Trading volumes can be low
Not designed for active trading
The premise of Bitcoin itself is that it grants open and free access to a unit of account. Banking products, like a checking or savings account, are only accessible if you have a legally provable government-issued identification. With Bitcoin, this isnt necessaryit can be accessed regardless of nationality or location, and without any identification.
While many argue that this accessibility opens up possibilities for criminal activity , it also immediately grants units of account to individuals in countries with less-developed banking systems. Millions of people in the world do not have access to bank accounts or means to trade because their countries may not have the proper financial infrastructure, or the individuals may not have government-issued identification. Bitcoin, used in tandem with a decentralized exchange like Bisq, can be a good solution in these cases.
Bisq is a downloadable software and peer-to-peer decentralized Bitcoin and crypto exchange. This means that Bisq has no central point of failure and cannot be taken down, much like Bitcoin itself. Bisq is non-custodial, meaning no one other than the user touches or controls the users funds.
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What Should You Look For When Choosing A Crypto Exchange
Picking the best crypto exchange can be a complicated process.
Important features to consider, says Stephen McKeon, an associate professor of finance at the University of Oregon, are fees, security, and whether they list the assets that you are interested in buying.
First and foremost, youll want a secure exchange, says Spencer Montgomery, founder of Unita Crypto Consulting, which helps the uninitiated learn how to start investing in digital currencies.
As crypto has grown more popular and desirable, its become an increasingly large target for hackers, and many leading exchanges, including Binances international operation and KuCoin, have been hacked recently to the tune of tens of millions of dollars. While exchanges often reimburse those whose coins are stolen through their insurance, you probably dont want to be in that position to begin with. Thats why its important you only invest your money on reputable exchanges, says Montgomery.
You can minimize your risk by spreading your crypto purchases across multiple exchanges or moving your crypto off of an exchanges default wallet to your own secure cold wallet that is not connected to the internet , though youll need to keep up with your passcode or you could lose access to your crypto forever, he notes. But youll also need to look out for withdrawal fees when you move crypto off of an exchange. These often vary by coin type.
Whats more, low-trading markets may end up costing you on sales.
Cexio Made It Easy To Work And Earn With Crypto
Among the numerous websites providing Bitcoin exchange services, CEX.IO is an entire ecosystem of products and services that allow customers to engage with the decentralized economy from various aspects. The positive reputation of CEX.IO and market tenure make it worth the trust of customers all over the world. With a client base of over 4,000,000, the platform is recognized as the trading company that can be relied on.
Our customers know what it means to work with a regulated platform that has a substantial history, a deep understanding of the market and customersâ needs. We are constantly working on enhancing security and adapting our systems to the latest regulatory requirements. Compliance with the international standards allows us to implement numerous payment options and work with reliable banks and payment providers.
CEX.IO is also regularly expanding the list of cryptocurrencies. Still, every cryptocurrency has to pass a thorough verification to be listed. Our due diligence and concerns about the quality of the service pay off. Now, we are moving forward to achieve the status of the best cryptocurrency exchange.
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The Future Of Crypto Exchanges
With the crypto market evolving at its current pace, there will be even more options for entrepreneurs, including running their own crypto exchanges. From the reduced cost of launching a token to the control of their token distribution, there is a world of benefits for those who choose this route.
Thanks to white-label services like HollaEx and AlphaPoint, you can create your own crypto exchange without the need for technical know-how and with even more ease than ever before. For crypto entrepreneurs, this means more control and more access to their customer base and for the wider crypto world, it means easier access to quality crypto products and more options.
How Much Does A Token Listing Cost In 2018
According to information received by Bitcoin Market Journal, the majority of digital currency exchanges charge a listing fee. The fee, however, varies greatly and is usually tied to the size and popularity of the exchange.
- For small exchanges, the listing fee can be as low as 1 to 5 BTC , which is arguably affordable for most blockchain projects.
- To get a cryptocurrency listed on a medium-sized exchange, however, there is a substantial jump in listing fees. The prices that second-tier exchanges charge range from 10 to 50 BTC , which is a substantial amount for a startup that managed to raise less than one million during their token sale, for example.
- The top tier exchanges with the largest trading volumes will charge between $1 to $2.5 million for a token listing.
There are some exchanges small, medium, and large that genuinely do not charge for token listings. However, these are often also the exchanges on which it is most difficult to get listed as they base their listing decision purely on the merit of the token and the project behind it.
Interestingly, while popular altcoin exchange Bittrex does not charge a listing fee, for example, there has been an incident recently where the exchange asked the Bitcoin Gold developer team to pay a fee for their digital currency to remain listed on the exchange.
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