Digital coins on blockchains can be bought and sold at exchange offices. But this option is not suitable for everyone, since transactions are performed slowly and not always at a favorable rate.

Listing is the placement of a coin in the list of assets available for trading on the exchange. This process is often accompanied by a rapid increase in value, which allows you to hit the big jackpot in a minimum amount of time. Let’s take a closer look at how the listing of cryptocurrencies goes.


Listing procedure


The future of the blockchain often depends on how successfully a coin is placed on the exchange. If this process is successful, the trust in the coin will increase. This automatically increases demand, investors become interested in the project, and also invest in it.

Anyone can earn on the listing. To do this, you need to register on the trading platform and get acquainted with the news in a timely manner. Then, at the right time, you should purchase blockchain tokens and wait until they rise in price. Please note that sometimes you need to purchase new coins only for a certain cryptocurrency. For example, the coins of the Binance Smart Chain blockchain at the start of sales were only available for BNB, which is understandable.

But listing is not an instant procedure and consists of several stages. They may vary depending on the platform, but in general, the algorithm looks like this:

  1. Placement on the exchange of the road map. This is a document that describes in detail the blockchain, the cryptocurrency on it, and the entire project as a whole. The creators indicate the purpose for which they are developing the platform, when there will be releases of various updates, and provide technical documentation. The source code of the blockchain and information about the team are also usually placed.
  2. Analysis of the information provided. The administration of the exchange examines the provided documentation and concludes that it is possible to place it on the site.
  3. The exchange concludes an agreement with the creators of the project and provides access to trading. The listing schedule is pre-agreed. Also at this stage, the creators and the exchange decide whether the coins will be available to buyers before being listed. That is, in this way, registered users can purchase coins before they enter the free auction.

The listing procedure on decentralized exchanges is simpler and faster than on centralized ones. But in this case, the risk of fraud is high. In this case, if there are a large number of complaints, there are small trading volumes, or the requirements of the regulator are put forward, the crypto may be removed from the list of available ones. This process is called delisting.