One of the key stages a cryptocurrency must go through before entering the open market is listing on an exchange. In this article, we will explore this concept.
Listing is the process of adding a cryptocurrency to the list of exchange assets, allowing users to buy and sell the asset, along with depositing and withdrawing funds using external wallets.
Once a coin is listed, it becomes available for trading and conversion.
Stages of cryptocurrency listing:
1. Submitting and application
2. Analyzing the project
3. Making a decision
4. Agreeing on terms.
5. Commencing the trading.
Why is listing important?
Listing on a major and reputable exchange increases trust in the cryptocurrency, contributes to its liquidity and value growth. This is an essential step for recognition and successful development of the cryptocurrency in the market.
Spintria Listings
The $SP token has been successfully listed on the decentralized exchange Ston.fi in early June, which tripled the value of the token within the first day.
The Spintria team is actively working on entering centralized exchanges and will soon surprise you with new listings. Stay tuned for updates.
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