What are the steps to add a new coin to Poloniex exchange?
BO3LEDec 18, 2021 · 3 years ago3 answers
Can you please provide a detailed explanation of the steps required to add a new coin to the Poloniex exchange? I am interested in understanding the process and requirements involved.
3 answers
- Dec 18, 2021 · 3 years agoAdding a new coin to Poloniex exchange requires a thorough evaluation process. The exchange considers factors such as the coin's technology, market demand, liquidity, and security. Additionally, the coin's team must meet certain criteria, including a strong development roadmap and community support. Once the evaluation is complete, Poloniex negotiates the listing terms with the coin's team and performs technical integration to ensure seamless trading on the platform.
- Dec 18, 2021 · 3 years agoTo add a new coin to Poloniex, you need to go through a rigorous listing process. This involves submitting an application to Poloniex, providing detailed information about the coin's technology, use case, and market potential. The exchange then evaluates the coin based on various factors, including its team, community, and market demand. If the coin meets Poloniex's listing criteria, it will be added to the exchange, allowing users to trade it.
- Dec 18, 2021 · 3 years agoAdding a new coin to Poloniex exchange is a complex process. Poloniex carefully evaluates each coin based on its technology, market demand, and community support. The exchange aims to provide a secure and reliable trading environment for its users, so it thoroughly assesses the coin's security measures and team's credibility. If a coin passes the evaluation, Poloniex will list it on the exchange, allowing traders to buy and sell the coin.
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