The listing of a token on an exchange is an important step in the token’s life cycle, as it allows investors to easily buy and sell the token, allowing for increased liquidity and greater access to the token. Furthermore, a token listing on an exchange can also increase the token’s visibility, which can lead to increased demand for the token and a higher market capitalization.
However, token listing on an exchange also comes with a certain level of risk. As the exchange is responsible for the custody and trading of the token, it is important that the token issuer does its due diligence to ensure that the exchange is reputable, secure, and compliant with relevant regulations. Moreover, the token issuer must also be aware that the exchange may delist the token at any time, which can result in a sudden drop in the token’s value.
We at Hivelance have been delivering the Cryptocurrency Exchange listing services to make the coin listing process hassle free. We gained significant momentum in getting every cryptocurrency or tokens listed on the biggest exchanges without rejection.