Top 8 Exchanges to List Your Tokens for Free or Almost for Free
Let’s begin with a shocker. Listing a token can be very expensive. Crypto exchanges can rake as much as $3 million dollars from ICOs looking to secure a spot in high liquidity platforms. This being a cash cow, high-volume trading platforms can list practically any token provided they fill out an application and its owners are willing to pay the price. But the elephant in the room is: how many ICO operators can afford such hefty fees?
The good news is that if you can meet certain criteria, exchanges like CoinChangeX and many others will mention in this post will list your token for free or almost for free. First, you will need to prove your use case, market interest, innovation, and technical experience. Secondly, your token has to be totally legit for it to be listed.
So, let’s delve in and explore:
CoinChangeX
This is a decentralized exchange that lists quality tokens at minimal cost. The exchange shares FYN’s vision of helping small entrepreneurs make their ideas happen considering that most big exchanges charge extremely high for listing.
This is excellent news for FYN members because:
- Priority listing will be given to projects on FYN. They will, however, be subject to legal review.
- FYN holders will receive discounts on the trading fees. Also, trading will be totally free above a specific amount of FYN.
Other new FYN tokens benefits include:
- Access to exclusive deals through ICO pools on the FYN platform
- Monthly staking benefit
- Trading discounts on CoinchangeXs’ website
- Bounty airdrops from listed projects
COBINHOOD
COBINHOOD helps companies in launching their own tokens through their ICO underwriting service. The service includes automatic listing on COBINHOOD exchange after the ICO period is complete.
If your token is already past the ICO stage or is presently on the token sale phase, you can follow the process below to have it considered for listing on COBINHOOD exchange.
First, you have to fill in the token listing form. Next, you will receive an email within five business days from a member of the COBINHOOD team regarding your application. After this, the representative will guide you through the remaining process.
BitBay
BitBay conducts a careful analysis of every coin before listing it on their platform. Some of the factors that they take into account include:
- The tokens market capitalization
- A clear white paper
- A totally transparent source code
- The technical parameters of the token
- The currency founders’ strategy for dealing with technical and non-technical problems
- Plans for project development
The Exchanges team examines these features so as to obtain the most accurate information about the particulars of each currency and decide about its implementation on BitBay.
To get your coin listed on BitBay, you have to submit a duly filled application form. Your coin, together with other submitted coins will take part in voting by the BitBay community.
The coins that garner the most votes will have the opportunity to be listed on the exchange free of charge and get promotional exposure in addition to attractive prices for all the users, both new and old.
BiteBTC
BiteBTC lists coins and tokens for free. For a chance to benefit from this opportunity, cryptocurrency representatives should post an article devoted to the BiteBTC exchange and the services it offers.
Here are the stages of participating in the Bounty program
- A cryptocurrency representative fills 1the applicant’s form.
- The Commission analyses the application and gives details of their decision through the contact email provided.
- If the decision made is favorable, the cryptocurrency representative sends the commission a link to the placed article.
- The Commission checks whether the article meets the list of requirements and decides on whether or not the coins or tokens will be listed for free on BiteBTC.
The article should:
Have practical value. It should clearly outline the principles and mechanisms of the crypto exchange including the registration and verification process, the methods for depositing and withdrawing funds, the process for executing orders, how to trade effectively, a description of exchange arbitrage and how to use it and a comparison of BiteBTC with other exchanges.
CoinEx
To have your token listed on coinEx you should submit the following information:
- Your project or token description
- Your official website
- Investor introduction
- A link to your whitepaper and its pdf documents
- SNS links such as Twitter, Telegram, and Slack
- A description of the freezing period required
- Financing and funding profile
- Legal risk evaluation documents
- Any other documents you see fit to include
Unlisting policy
For full protection of user assets, the exchange holds all the rights to unlist any token or coin from the exchange due to the following reasons:
- Dismissal of the project team
- The occurrence of a technical or security issue
- Fraudulent disclosure of information
- A projects operation team requests unlisting from the exchange based upon its development needs and strategy adjustment.
- Any other matter that fails tp reach the requirements for continuing trading
The exchange gives a 5 days’ notice before unlisting your token. Your token holders are given 30 days to withdraw their assets from your platform.
CoinExchange.io
This exchange currently supports the following platforms:
- Komodo/Komodo chain assets
- ERC20/ Ethereum assets
- Bitcoin derived currencies/ Bitcoin core forks
- QRC20/ QTUM assets
However, they can also consider and negotiate your project even if it utilizes other platforms included in your application. So how can you apply to have your coin or token listed on coinExchange.io?
The applications are processed exclusively through their support system with no exception. Once your request is received, an official team member of the exchanges coin listings will be assigned your token they will provide you with guidance throughout the entire application process and also answer any questions you might have.
CoinExchange typically replies within three business days of submission. The process might take a shorter time, but it depends on the time you take to provide the required information. If your project is approved, it will take less than seven days to have the currency and associated markets listed.
But what if your application is declined?
A number of reasons influence the success of your application. Most of the time, unsuccessful applications are those that fail to meet the required legal and ethical standards.
In case your application is rejected, you will be notified through your freshdesk support submission. Coinexchange.io may also choose not to send any feedback or explanation for the rejection.
Nlexch
Nlexch is interested in coins with high community demand, a contribution to science or humanity or innovations in digital currency technology. Launching is free and is limited to a handful of coins every week.
Currencies that support any illegal activity and those that qualify as securities cannot be listed in this exchange. The exchange can also decide to charge an additional compliance fee for listing especially if your coins use is very complicated and requires further research to determine suitability.
To have your coin or token listed on Nlexch you need to submit the following information:
- Your coin’s name
- A description of your coin
- Your coins trading symbol- should be unique and the ticker should contain 3-5 letters and no symbols.
- Your coins logo-it should be in png format with a transparent background and dimensions of 1000 by 1000 pixels without any white space on the border.
- Launch date- past or future
- Github link –they only accept source code
- Did you raise Bitcoin or money in your coins ICO?
- Did you have a premine? Is it escrowed and how much is it?
- What is the maximum money supply for your coin?
- What exchanges are you currently listed on?
- Official Blockchain explorer
- Social media information
Satoexchange
To get your token listed on satoexchange:
- Log in to your account and click on VOTE NEW COINS
- Next click on add new coin for listing on the VOTE NEW COINS page
- Then, key in your coin or tokens information and click submit.
The satoexchange team will review your submission and approve or reject your application.
Conclusion
Getting listed on a reputable exchange is a big deal for any project as it profoundly impacts the level of adoption and market impact of a coin or token. The process may be a little bit daunting, and it varies significantly depending on the exchange in question. But generally, if you a great product and well equipped with the prerequisite documents you will find the process quite friendly.
If you would like to list your token on a top exchange almost for free, submit your token details here.