Listing process basics for newbies

Listing process basics for newbies

Lia Jonon
Lia Jonon
Author
Listing process basics for newbiesIn the cryptocurrency industry, the term "listing" refers to the process of including or adding a new cryptocurrency to an exchange, allowing traders to buy, sell and trade that cryptocurrency on that platform.The listing process usually involves the following steps:
  1. Application: The cryptocurrency developers or their team submit an application for listing on the selected exchange. The application may include information about the cryptocurrency's specifications, usage, development team and other relevant data.
  2. Verification and analysis: The exchange conducts verification and analysis of the offered cryptocurrency. This may include evaluating its security, liquidity, technical aspects and compliance with exchange rules and requirements.
  3. Decision-making: Based on the analysis, the exchange makes a decision on whether to list the cryptocurrency. If the application is approved, the cryptocurrency becomes available for trading on the exchange.
  4. Trading and liquidity: After a successful listing, traders can start buying and selling the cryptocurrency on the exchange. The greater the demand for the cryptocurrency, the greater its liquidity and potential trading activity.
When a cryptocurrency goes through the listing process, it becomes available for trading on a particular exchange. This can be a large cryptocurrency exchange or a small platform that specializes in certain types of cryptocurrencies.
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