Posted in: Press Releases
Published:
June 20, 2019 1:07 PM UTC

Wanna Get Listed? That’s What You Should Do! A Detailed Guide by Platinum Q DAO Engineering and BTCNEXT

In this article, Jitendra Rathod talks about listing on exchanges. Working as a Marketing Manager at Platinum Q DAO Engineering, Jitendra collaborates within the huge team to develop hi-end solutions, including the full-cycle business models for crypto projects. For the past 3 years, Platinum Company…

In this article, Jitendra Rathod talks about listing on exchanges. Working as a Marketing Manager at Platinum Q DAO Engineering, Jitendra collaborates within the huge team to develop hi-end solutions, including the full-cycle business models for crypto projects.

For the past 3 years, Platinum Company became the biggest Listing Broker in the world: we have listed more than 300 projects on Top Exchanges and supported Market Making for more than 70 projects.

Platinum STO/ICO fundraising dashboard and tokenization platform are now installed to 30+ projects, and it has helped them to raise more $350,000,000.

In Platinum Q DAO Engineering we are creating a lot of cool stuff:

BTCNEXT – most secure, compliance and regulated exchange, built by traders for traders;

Decentralized stablecoins KRWQ, USDQ, JPYQ, CNYW (we are second Stablecoins DAO after Maker DAO)

Crypto market has its own unofficial rules. One of them says “Your project doesn’t exist if your tokens aren’t traded on exchanges”. Among many qualities of blockchain projects, investors value liquidity of their tokens and the possibility to buy or sell a stack of tokens instantly. A very promising project will have a much lesser valuation if it’s not listed on any of the major exchanges. Thus the next logical step after organizing a tokensale and building a community around your project is getting your token listed on exchanges. In this article I’ll explain how to do it, step-by-step.

Step one: preparing for listing

First of all, you need to understand that every coin and token, listed on any exchange gets backed with the reputation of that exchange. Listing means “we have checked it, it’s good by our standards”. That’s why one of the most important requirements is being innovative. If your project offers new ways to solve an existing problem or does something better than its competitors, it has higher chances of getting listed.

Also, the code of your project must be thoroughly audited to determine that it doesn’t have any serious vulnerabilities. The exchange is responsible for its users’ funds, and if someone manages to hack it because of unsafely written code, anyway the exchange should compensate the stolen amounts to its users.

Step two: choosing an exchange

After completing the previous step, we’re ready to move to the next one. Now we have to choose and contact exchange. Various exchanges have various additional requirements, coupled with those from step 1. Some of them want your token to comply with American laws, such as passing the Howey test and may ask for an official statement from a law firm, that your token isn’t a security. If you plan to list a utility token or a cryptocurrency, or this exchange doesn’t work with American citizens, this is unnecessary.

Most exchanges clearly state in the Contacts section how they can be reached, usually by email. For example, to list on BTCNEXT, you can simply write to info@btcnext.io. That would be enough to start the process.

Step 3: providing all information

As it was already mentioned before, exchanges are very curious when it comes to the listing: they want to see all your documentation, whitepaper, and the code of your project, usually it’s uploaded to GitHub.

If all information is good enough to approve the listing, then it’s time to integrate the wallet and it’s all done! Some projects with their own unique blockchains require more time to integrate because it should be done from scratch. At the same time, if you have an ERC20 token, no additional effort is required – once integrated, an Ethereum wallet can suit for all ERC20 tokens, as they function in the same way. Don’t forget to prepare a logo and a ticker symbol in advance.

Congratulations, you’ve listed your token!

Step 4: making sure that you’re listed on BTCNEXT

The more exchanges your token is traded on, the more liquidity your holders will have, and the more valued the token will be. You can try to contact as many exchanges as you can, but one of them stands out, as it searches for interesting projects and tokens for listing. That’s BTCNEXT. This exchange has high-end security and unique 24/7 customer service. Also, BTCNEXT offers to trade in pairs with USDQ and KRWQ, decentralized Bitcoin-collateralized stablecoins, in the future more Q DAO stablecoins will be added. The stablecoins and the exchange itself were built by Platinum Q DAO Engineering Team, which is a company, offering services of listing, conducting IEOs and market making.

Now you know all the necessary steps for a successful listing. Sometimes it’s a complicated process, but usually, all efforts get rewarded. Good luck with your project!

BTCNEXT exchange, the next generation spot and margin-trading platform, has been developed by Platinum Q DAO Engineering, which has also brought USDQ and KRWQ to the market, looking to edge together innovative solutions in collateralization. They plan to achieve it by using stabilizing mechanisms and neural networks for high-endurance stable coins.

The one aspect of USDQ and KRWQ which makes them unique is that these stablecoins are decentralized. Every Q DAO stablecoin has Bitcoin as a collateralized cryptocurrency debt backing up the value, instead of a centralized authority holding dollar bills, as in the case of Tether (USDT).

In order to protect investors’ funds, BTCNEXT developers have implemented more than 300 security measures. In the near future, users will be able to trade over a hundred types of tokens including Bitcoin, Ethereum, and Litecoin. For more information about BTCNEXT, visit their website and follow them on Twitter, Instagram, Telegram, Facebook, Medium, and LinkedIn.

PLATINUM Q DAO ENGINEERING TEAM team is the technology development arm of Platinum  Q DAO, the global leader in tech, advisory, and marketing services for blockchain projects. Employing over 100 specialists, it has helped raise in excess of $200 million for many projects. It is also the largest listing service provider for STO, IEO and ICO projects.

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.

Last modified: January 14, 2020 10:37 AM UTC

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