Have you ever heard about listing crypto? If not, you should read this article. Today we will talk about what is Listing in crypto and how does a crypto get listed. Let’s find out by reading the article below.
What is a listing?
Listing is the process that occurs when an exchange offers trading pairs for a particular asset. In traditional markets, this means that company shares (or physical assets) are tradable on that particular stock exchange. Generally, this means that the listed company has passed certain thresholds of financial and regulatory viability in addition to gaining a certain level of trust from the exchange.
How does a crypto get listed?
Binance
On Binance, to list a currency, users fill out an application form with one of three options: direct listing, Launchpad, or Launchpool. One of three listing possibilities is selected based on a series of criteria, such as whether the project has a certain token circulation or has not yet held a token generation event.
Binance has no strict requirements on which coins they accept or reject, as they are open to every coin that demonstrates its relevance, team qualifications, and large user base. A coin should solve a specific problem (e.g. slow transactions and high gas fees) and prove its worth by attracting the interest of an audience.
Binance's approval process is based on comprehensive audits - the exchange team conducts a series of internal screenings, communicates with project key figures (CEO, project owner), observes how the team treats the project community to ensure the reliability and trustworthiness of the coin.
Coinbase
Coinbase provides users with a convenient web application to track all coins applying for listing and their progress.
Additionally, Coinbase has built-in tools for bringing assets into the exchange community.
Everything can be managed from a single app, making their web interface a powerful and effective tool for listing and promoting cryptocurrencies.
I hope this article will help you to learn what is Listing in crypto and how does a crypto get listed. When an asset is listed alongside Ethereum (ETH) or any other major exchange pair such as BTC, the project and its assets receive the same level of trust as their trading counterparts. Additionally, when an asset is listed, it indicates that the connected trading pairs have sufficient liquidity. Hence, the pair is able to generate proper price discovery.
