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What criteria do digital currencies need to meet in order to be listed on OTC platforms?

avatarHamza Hasan ZiaDec 27, 2021 · 3 years ago3 answers

What are the specific criteria that digital currencies must meet in order to be listed on over-the-counter (OTC) platforms?

What criteria do digital currencies need to meet in order to be listed on OTC platforms?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    To be listed on OTC platforms, digital currencies need to meet certain criteria. Firstly, they should have a strong and reputable development team behind them, with a track record of successful projects. Additionally, the digital currency should have a clear and well-defined use case, demonstrating its value and utility. It should also have a strong and active community of supporters and users. Finally, the digital currency should comply with all relevant legal and regulatory requirements, ensuring transparency and accountability.
  • avatarDec 27, 2021 · 3 years ago
    Listing criteria for digital currencies on OTC platforms can vary, but there are some common factors that are often considered. These include the project's overall market capitalization, trading volume, liquidity, and stability. OTC platforms typically prefer to list digital currencies that have a large market capitalization and high trading volume, as this indicates a higher level of interest and demand. Additionally, the stability of the digital currency's price and its liquidity in the market are important factors for OTC platforms to consider.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we have a rigorous evaluation process for listing digital currencies on our OTC platform. We consider factors such as the project's team, technology, market demand, and compliance with regulations. Our goal is to provide our users with access to high-quality digital currencies that meet our strict listing criteria. We believe that by listing only reputable and promising digital currencies, we can help protect our users from potential scams or low-quality projects.