Why is it important to list a cryptocurrency?

The launch of a cryptocurrency has, as we have said, several phases and all of them are fundamental. There are several reasons why list a token or cryptocurrency within an exchange is extremely important for the life cycle of a token, and its adoption.

How does listing a token help you evolve?

In simple terms, it can be understood as a distribution phase of a token in its initial stage. However, listing a cryptocurrency is important for both startup and life cycle.

The listing of a cryptocurrency in an exchange is much more than what we think, it is actually about placing it in specialized markets, from where exchanges, purchases or sales can be made freely. Of course, although trading has been a traditional activity for thousands of years, the exchange of a cryptocurrency is a specialized platform where practically any user can access democratically.

Cryptocurrency exchanges represent the nexus between the token and the real world. Returning to the original example that drove the popularity of Bitcoin, the first exchange platform called «new liberty standard>» opening to exchange bitcoin for dollars, a mechanism that increased the penetration of bitcoin in the world and opened the door to cryptocurrencies. Thanks to the exchanges, bitcoin currently enjoys a penetration in the global economy that competes with the currencies of the world, but from a decentralized front.

Benefits of listing a cryptocurrency

Specifically, some of the main reasons why it is so important to list a token are related to financial freedom in the first place.

Although it seems an idealistic and unnecessary term, the concept of “freedom of exchange” is fundamental. Since it is not regulated, the value of a token ends up obeying the law of supply and demand, without its value being a cupular and unattainable determination for most people. Listing a cryptocurrency on an exchange democratizes its adoption and growth.

Listing a cryptocurrency makes it easy that regardless of its initial value, it has enough movement to facilitate its exchange and eventual positioning and reach. The lists of cryptocurrencies and tokens more than an asset gateway, they are the launching pad for them to begin to circulate freely.

By massifying its scope, the positioning of a cryptocurrency encourages its listing. Contrary to the traditional financial system, all the protocols to achieve its access and circulation, increase the cost of any currency, but not its value. The exchange are platforms that guarantee the free and open circulation of all kinds of tokens.

This explains the importance of listing a token in an exchange, at Bluemanakin we have the service of Listing in Cryptocurrency Directories and Exchanges. A tool that is undoubtedly fundamental in the creation of a new currency.