Getting Started with Token Listing on CEX

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.

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.