Saturday, September 30, 2023
  • Home
  • About Us
  • Privacy Policy
  • Contact Us
No Result
View All Result
Newsway
  • Home
  • Crypto News
  • Crypto Regulation
  • Business & Finance
  • Featured
  • NFTs
  • News
  • Loans
  • Opinion
  • Games
  • Beginner’s Guide
  • Technology
  • Home
  • Crypto News
  • Crypto Regulation
  • Business & Finance
  • Featured
  • NFTs
  • News
  • Loans
  • Opinion
  • Games
  • Beginner’s Guide
  • Technology
No Result
View All Result
Newsway

Getting Started with Token Listing on CEX

Grace OwellbyGrace Owell
March 3, 2023
A A
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

For a cryptocurrency project, listing tokens on a CEX is a huge accomplishment. It can give access to a bigger pool of potential investors and traders and boost the token’s visibility and liquidity. Nonetheless, there can be a lot of rivalry for CEX listings, and not every exchange will list every coin. Fortunately, this post will assist you in being familiar with the hows and rationales of token listings.

Token Listing on CEX

Centralized cryptocurrency exchanges like MEXC, Binance, Crypto.com, Coinbase and OKX are referred to as CEX. With the exchange order book, users can buy, sell, and trade cryptocurrencies with other users on this site.

A CEX normally goes through a vetting process before listing a token. It assesses elements including the technology, team, community, and market demand of the coin. Additionally, some exchanges could demand that the token adhere to specific legal compliance requirements.

READ ALSO

Crypto.com Enhances On-Ramp Infrastructure, Expanding Fiat Deposit Options with €EUR Fiat Wallet

September 28, 2023

PiChain Mall Announces Exciting Updates for the PCM Ecosystem

September 28, 2023

The Pi Network Users Unite for a Historic “PI UNITY RIDE” Event

September 28, 2023

The issuer of a token normally needs to submit an application to the exchange with specific information about the token and the project it represents in order to have it listed on a CEX. The exchange could also call for additional paperwork and verification procedures in addition to the application process’ potential charge.

Users will normally be able to purchase and sell the token using other cryptocurrencies or fiat currencies once the exchange confirms the listing and adds the token to its trading pairs. To support trading and liquidity for the token, the exchange may additionally provide a range of trading tools and services, including order types and market analysis tools.

Advantages of listing Tokens on CEXs

A cryptocurrency project and its stakeholders may gain from the listing of a token on a centralized cryptocurrency exchange (CEX). Some of the main advantages are as follows:

1. Increased Liquidity

A token can experience an increase in trading volume and liquidity by becoming more accessible to a larger group of prospective investors and traders by being listed on a CEX.

2. Regulatory Compliance

Several CEXs have regulatory compliance policies in place, which can assist raise a cryptocurrency project’s legitimacy and credibility by ensuring that it complies with all applicable rules and laws.

3. Potential for Price Appreciation

A CEX listing may contribute to positive perception and increased demand for a token, which may result in price growth.

4. Greater Market Visibility

By making a token more accessible to traders and investors who may not have previously been aware of the project, a CEX listing can boost a token’s visibility and reputation in the cryptocurrency market.

5. Trading Tools and Services

In order to boost liquidity and make trading for a token easier, CEXs frequently include a variety of trading tools and services, including order types, margin trading, and market analysis tools.

6. Access to New Markets

A cryptocurrency project may gain access to new customers and markets by using different exchanges, which may have diverse user bases and target markets.

MEXC is a cryptocurrency trading platform that supports a broad variety of currencies and trading pairs, with 1,629 currencies and 1,753 trading pairs accessible, according to Coingecko’s October data. Several projects are listed on the platform, including Aptos, Cosmos, Polkadot, Avalanche, Solana, Polygon, Aave, Uniswap, Curve, The Sandbox, Decentraland, Gala, Shib, and more. MEXC is a comprehensive trading platform for cryptocurrency aficionados since it supports a variety of sectors, including public chain, cross-chain, DeFi, NFT, Metaverse, DAO, Meme, and more.

0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

Latest Post

Crypto.com Enhances On-Ramp Infrastructure, Expanding Fiat Deposit Options with €EUR Fiat Wallet

September 28, 2023

PiChain Mall Announces Exciting Updates for the PCM Ecosystem

September 28, 2023

Ice Network Team Unveils Ambitious Development Roadmap with Mainnet Launch Date

September 28, 2023

The Pi Network Users Unite for a Historic “PI UNITY RIDE” Event

September 28, 2023

Pi Network IOU Price Surges 2.08% Ahead of Mainnet Roadmap Update in October

September 28, 2023

How Pi Network Users Can Spot Phishing Attacks

September 28, 2023
Crypto News

Crypto.com Enhances On-Ramp Infrastructure, Expanding Fiat Deposit Options with €EUR Fiat Wallet

by Terfa Ukende
September 28, 2023
0

...

Read more

PiChain Mall Announces Exciting Updates for the PCM Ecosystem

Ice Network Team Unveils Ambitious Development Roadmap with Mainnet Launch Date

The Pi Network Users Unite for a Historic “PI UNITY RIDE” Event

Pi Network IOU Price Surges 2.08% Ahead of Mainnet Roadmap Update in October

Crypto News

Crypto.com Enhances On-Ramp Infrastructure, Expanding Fiat Deposit Options with €EUR Fiat Wallet

by Terfa Ukende
September 28, 2023
0

In a move aimed at bolstering its user experience and expanding accessibility to the world of cryptocurrency, Crypto.com has unveiled...

Read more

PiChain Mall Announces Exciting Updates for the PCM Ecosystem

September 28, 2023

Ice Network Team Unveils Ambitious Development Roadmap with Mainnet Launch Date

September 28, 2023

The Pi Network Users Unite for a Historic “PI UNITY RIDE” Event

September 28, 2023

Pi Network IOU Price Surges 2.08% Ahead of Mainnet Roadmap Update in October

September 28, 2023
Previous Post

Piscrow integrates an image description function to help describe deals

Next Post

Benefits of Using an AI Crypto Trading Tool

Grace Owell

Grace Owell

Grace Owell is an expert freelance writer from Texas, United States of America. Her expertise measures solely on personal finance and health articles. She currently writes for newsway.com.ng

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Posts You May Like

Crypto.com Enhances On-Ramp Infrastructure, Expanding Fiat Deposit Options with €EUR Fiat Wallet

September 28, 2023

PiChain Mall Announces Exciting Updates for the PCM Ecosystem

September 28, 2023

Ice Network Team Unveils Ambitious Development Roadmap with Mainnet Launch Date

September 28, 2023

The Pi Network Users Unite for a Historic “PI UNITY RIDE” Event

September 28, 2023

Pi Network IOU Price Surges 2.08% Ahead of Mainnet Roadmap Update in October

September 28, 2023

How Pi Network Users Can Spot Phishing Attacks

September 28, 2023

How to Recover a Lost Passphrase and Protect Your Crypto Wallet

September 27, 2023

Pi Chain Mall Surpasses 15 Million PI in Transaction Volume, Showcasing Decentralized E-Commerce Success

September 27, 2023

Pi Network KYC Approval Delay Sparks Controversy Among Pioneers

September 27, 2023

Chase Bank Takes Firm Stance: Declines Payments for Bitcoin and Cryptos, Including Pi Network’s Token

September 27, 2023

McDonald’s Eyes Early Adoption of Pi Payments in El Salvador, Bolstering Crypto Acceptance

September 27, 2023

Pi Network Surpasses 2.27 Billion Pi Coins Distributed to 3.3 Million Wallets

September 27, 2023

Microsoft’s Crypto Wallet Plans for Xbox Could Boost the Pi Network Project

September 27, 2023

Elon Musk’s Endorsement Propels Pi Network Project Towards Sustainability

September 27, 2023

Crypto Influencer ‘BitBoy’ Ben Armstrong Arrested in Dramatic Livestream Outside Former Associate’s House

September 26, 2023
Next Post

Benefits of Using an AI Crypto Trading Tool

Pi Network steps up ecosystem development as speculated mainnet launch date approaches

Categories

Beginner's Guide Business & Finance Crypto News Crypto Regulation Featured Loans News NFTs Opinion Technology
Crypto News

Crypto.com Enhances On-Ramp Infrastructure, Expanding Fiat Deposit Options with €EUR Fiat Wallet

September 28, 2023
Business & Finance

PiChain Mall Announces Exciting Updates for the PCM Ecosystem

September 28, 2023
Crypto News

Ice Network Team Unveils Ambitious Development Roadmap with Mainnet Launch Date

September 28, 2023
Crypto News

The Pi Network Users Unite for a Historic “PI UNITY RIDE” Event

September 28, 2023

Recent Posts

  • Crypto.com Enhances On-Ramp Infrastructure, Expanding Fiat Deposit Options with €EUR Fiat Wallet September 28, 2023
  • PiChain Mall Announces Exciting Updates for the PCM Ecosystem September 28, 2023
  • Ice Network Team Unveils Ambitious Development Roadmap with Mainnet Launch Date September 28, 2023
  • The Pi Network Users Unite for a Historic “PI UNITY RIDE” Event September 28, 2023
  • Pi Network IOU Price Surges 2.08% Ahead of Mainnet Roadmap Update in October September 28, 2023
  • Home
  • Crypto News
  • Crypto Regulation
  • Business & Finance
  • Featured
  • NFTs
  • News
  • Loans
  • Opinion
  • Games
  • Beginner’s Guide
  • Technology

© 2023 Newsway -Nigeria's Top News Platform About us.

No Result
View All Result
  • Home
  • Crypto News
  • Crypto Regulation
  • Business & Finance
  • Featured
  • NFTs
  • News
  • Loans
  • Opinion
  • Games
  • Beginner’s Guide
  • Technology

© 2023 Newsway -Nigeria's Top News Platform About us.