So you have built an exciting crypto project from scratch and are ready to take it to the next level, i.e. token listing. In the crypto economy, the native coin is at the project’s core. As of 2022, there are more than 18,000 cryptocurrencies in circulation. To get a context, there were just cryptocurrencies in April 2013. With hundreds of cryptocurrencies emerging with every passing day, the competition in the crypto market is cutthroat. One way to beat this competition is to list your crypto token on leading crypto exchanges like Binance, Kucoin, Huobi, and FTX. But getting a token listed on such major exchanges can be tricky.
Source: Exploding Topics
In order to list your crypto token on top exchanges, you need to send separate proposals to them. Once the proposal is sent, it is up to the exchanges whether they accept or reject it. There are certain guidelines that different exchanges follow while considering a crypto token for listing. Understanding these guidelines better can help you draft a good token listing proposal.
How To Apply?
There are two ways you can apply for token listing: independently and through an agent.
If you intend to proceed independently, you will have to put in a lot of effort. Every exchange has a ‘listing application’ option on their websites.
However, there are high chances that, as a new crypto project, you lack the necessary expertise to prepare an ideal crypto token listing application. Collaboration is extremely important in the crypto industry, and you can always take the help of a crypto marketing agency or a cryptocurrency listing agent to ensure the listing of your token on a top exchange.
Possible Drawbacks Of Proceeding Independently
- Confusion over which exchange to choose for listing
- The application may lack required information, resulting in prolonged delays in response from the exchange
- As a beginner, you might face difficulties in negotiating with the representatives of the exchange
- Unlike professional agents and agencies, you don’t have connections within the industry. This might make the entire process time-taking
The Road To Listing
Crypto token listing is a 3-step process: Pre-Listing, Listing, and Post-Listing.
The Pre-listing phase is where you send a listing application to an exchange of your choice.
After the exchange accepts your application and lists your token, you have the access to a wide global audience.
In the post-listing phase, you can collaborate with the exchange and utilize their platform to boost community engagement.
Steps To List Your Crypto Token
- Step1: Click on the ‘Listing Application’ option on the website of the preferred exchange
- Step 2: You will be redirected to the login page. Log in to your account or Sign up if you don’t have an account on the exchange
- Step 3: Once you have logged in to your account, you will be asked to fill out a form. In the form, the exchange asks for project-related information. Make sure you fill all the details correctly
- Step 4: After filling in the basic details, you will need to fill out another form that asks for more project-related information. Fill out the form correctly. Avoid making false claims while filling out the form
- Step 5: The application to list your crypto token on the exchange is complete. Sit back and wait for a response from the exchange
Final Words
Top crypto exchanges are extremely picky about the projects they want to list on their platform. A strong tokenomics and full transparent token distribution model are extremely important for the exchange to consider your token for listing. Make sure you read the listing-related guidelines on the exchange thoroughly before applying. Be mindful of those guidelines while filling out the application form. If you are facing any difficulties in proceeding independently, it is only wise to collaborate with a listing agency/agent to speed up the process.