Major exchange listing tracker issue

[jamescowens]

This is a tracking issue to document our move towards getting (re)listed on a major exchange.

[RobertLD]

Binance Coin Listing Requirements

There requirements are taken from: https://www.binance.com/en/support/faq/how-to-get-your-coin-listed-on-binance-com-053e4bdc48364343b863d1833618d8ba

1. Application Process

• Complete the online application form for direct listing on Binance.com.
  • Ensure all relevant information is included in the form to provide a complete overview of your project.
  • Only the project founder or CEO is authorized to submit the application.

2. Ongoing Requirements (e.g., for Gridcoin)

• Regular Updates: Provide regular updates (weekly or monthly) about your project’s progress to the Binance team and your community, even after listing.
• BNB Integration: Integrate Binance Coin (BNB) into your ecosystem or consider raising BNB during your fundraising phase.
• Community Support: Actively support Binance within your project's community.

I'm not sure what they are implying by "BNB Integration"; but I'll continue pulling information from the different exchanges documented here. After which we can consolidate it into a document perhaps. @jamescowens

[grctest]

I'd be very cautious of listing on Binance.

For one their CEO went to prison for serious crimes committed at their exchange under his watch.

And another they have a tendency to delist, swap their users balances for USDT (CEX holders are very difficult to contact) then dump the tokens on the market. Look at Bitshares, they held several hundred million BTS over their heads for years now crushing the price lower than GRC.

I'd suggest rather picking those with spotless records, established in USA/EU/UK, with proper KYC requirements.

[alacar01]

How about Kukoin and gate listing? There are many lowcap coins in such exchanges means initial costs will not be too high. While crypto is now trending in the whole world, Gridcoin is missing all good opportunities while is out of play. İt will be too late if we miss bullish market. It won't make any difference in bearish market. Gridcoin has $2M market cap wich is less than most shitcoins. This is a gem but nobody knows it and has no value.

[barton2526]

How about Kukoin and gate listing?

KuCoin (sic) is currently displaying a large banner ad that they are banning US users next week...

I tried to go to the listing page on Gate.io (which is what I assume you mean by gate) and they have not allowed US users for over 2 years now.

[div72]

Getting on a CEX is nice, although we don't have much volume, nor a letter from a lawyer clarifying us to not be a security, nor an audit for our wallet so I reckon it'd be quite hard for us to get into a major one.

So in the meantime, what about getting onto a DEX? We can wrap GRC on another network, then get onto whatever the platform the network has.

[barton2526]

I think people are a little burned out on DEX's after the last one had the bridge operator run away with people's money (Bitshares).

[alacar01]

I think people are a little burned out on DEX's after the last one had the bridge operator run away with people's money (Bitshares).

Dex trading volume is $24billion last 24 hours (%144 increase last 24 hours). While it is a very big market, there can be always problems. There is no perfect solution. You can reduce risks but not eliminate all of them.

[grctest]

In the end most DEX require you to list a token identically to a centralized exchange, which is a centralized risk factor with extra risk of not being a trustworthy CEX.

A major problem with Bitshares (aside from the lousy gateway services which shut down) was that most price tracking websites do not publish trading volume for them, so trading there isn't reflected in marketcap.

I see promise in BitcoinOS' zksnark tech, which could lead to DEX trading on top of BTC in the future, but it's still not out yet. HTLC are possible but a nightmare to use in Bitshares IMO