Criteria for Listing on CMC and Binance

in blurtafrica •  3 years ago 

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Welcome to my post for today which is on how to list a coin on coinmarketcap and Binance exchange, be bless as you read through my post.

Coinmarketcap (CMC)

  • Credibility:

First of all before a token can be accepted into Coinmarketcap, the token and it's users is expected to be credible enough before it's acceptable to be listed.

  • Verification:
    The token is expected to have a excellent verification system that won't easily fall, that it is expected to have a working consensus algorithm like the POW and POS etc.
  • Token reliability:
    The token in question must have to be always reliable despite any circumstances, to avoid investor's from losing their investment.

  • Trading volume:
    For an asset to be successful listed in Coinmarketcap the token is expected to have higher or a reasonable amount of trading volume, the trading volume also inform traders of the strength and future of the assets.

Categories of listing
  • Unverified Listing
  • Inactive Listing
  • Untracked Listing
Inactive Listing:

Tokens listed under this type of listing as the name implies are not actively trading on any Coinmarketcap exchange.

Unverified Listing Assets:

Tokens listed under this type of listing as the name implies are not yet verified for trading on any Coinmarketcap exchange.

Untracked Listing:

Tokens listed under this type of listing as the name implies are tokens that have not met Coinmarketcap listing requirements.

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BINANCE EXCHANGE

Listing on Binance involves three steps that can be thoroughly read by anyone who wishes to list a coin. The method is provided on the official binance website.

For a token to be listed on Binance exchange, three(3) basic steps has to be followed.

1. APPLICATION

As the names implies it's the process of applying, at this stage you are expected to fill your application, which should contain your full details such as the Email, desired Token name, token symbol, etc

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  1. DETAILED INFORMATION
    This is the process the platform gives you full information of the step you are about to carry out, it's the break down about what is expected from the token and it's users.

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After going through the document and answering the required questions, move to the next phase.

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  1. SUBMISSION
    As the name implies it's the stage where you submit all details filled on the application form, so it could be reviewed.

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Thank you for your time

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