How is listing on the exchange

Listing initiators are usually the creators of the coin. It happens that trading platforms can take the initiative and add an asset if the coin is already in demand among traders. Also learn about new cryptocurrency. How to add cryptocurrency to the exchange? The methods may differ, depending on the site chosen and its popularity. Each trading platform sets its own rules and requirements for adding an asset. Some exchanges set fairly high standards, while others are more loyal to new cryptocurrencies. To add to the exchange, the issuer needs to go through several stages: Fill out a questionnaire where you need to specify the basic information about the project: creation date, page on Github, White paper, mining opportunity, emission, etc. Based on the data received, the trading platform will analyze the profitability and liquidity of the asset. Based on the analysis, a special commission will decide whether to add cryptocurrency to the list. If the decision is positive, the issuer and the trading floor enter into an agreement. The main thing that cryptocurrency exchanges pay attention to are the usefulness, functionality and value of the coin. The next most important criterion is security, since if a cryptocurrency network is hacked, the exchange will also suffer. They also pay attention to the reputation and professionalism of the developers. Sometimes sites hold contests and surveys among traders. Bidders are encouraged to vote for pre-listed coins. The winning cryptocurrency will be added to the list.