Listing-BEP20Token
How to register your token Centralized exchanges facilitate trading and manage people’s capital and their private keys. They are a popular choice for all newcomers to the world of cryptocurrencies due to user-friendly platforms. On top of that, they provide certain services such as margin trading and landing. Plus, they stop losses or include wallets for storing your cryptocurrencies. In addition, thanks to their popularity, they offer higher liquidity, allowing you to convert cryptocurrencies into fiat currencies faster. One of the most significant advantages of CEX over DEX for everyone looking to dabble with crypto for the very first time is that they allow payments via fiat currencies, such as bank wire transfers, as well as credit and debit card payments. Since decentralized exchanges accept only cryptocurrency deposits, CCE is a starting point for almost every crypto trader out there. Another key aspect to consider when choosing the right exchange is safety. While most user accounts are insured, centralized exchanges have been a lucrative target among many hackers due to their high trade volumes. It is worth mentioning that 5 biggest crypto hacks led to a loss of $1 billion. Popular Centralized Exchanges Bitfinex Binance Coinbase Pro — GDAX Huobi Bitstamp Poloniex Kraken CEX.IO Coinmama Coincheck Bittrex OKEx Decentralized Exchanges Decentralized exchanges eliminate the need for a middle-man (centralized exchanges); instead, they operate P2P. One of the biggest benefits of decentralized exchanges is the anonymity they provide. That has to do with the way decentralized exchanges operate — miners validate transfers and your information is only revealed to the buyer/seller if the exchange method involves a bank transfer. At the same time, miners require a much smaller fee than centralized exchanges, which makes DEXs much more appealing. You must already be wondering why decentralized exchanges are not used as often if they are that much better. The answer to that question lies in a few disadvantages of DEX over CEX. Namely, decentralized exchanges have a much lower trade volume compared to centralized exchanges, meaning that it will take some time before you can find a buyer/seller. That is a huge disadvantage for anyone looking to make a profit by playing the market. What’s more, due to much smaller liquidity, it might take a while before you can exchange your cryptocurrency into fiat. However, one thing that decentralized exchanges have going for them is that they aren’t regulated by any governing body and are not required to operate by any country’s know your customer (KYC) and anti-money laundering (AML) laws like centralized exchanges. Popular Decentralized Exchanges EtherDelta IDEX OpenLedger Radar Relay Coinffeine Block DX — Blocknet BlackHalo CryptoBridge AirSwap Wavesplatform Omega One — Omega Dark Kyber Bisq Fork Delta
List Instructions Listing a trading pair is a rather advanced feature in DEX. To list your token, you can follow the step-by-step instruction here.
There are the steps to get your tokens listed:
workflow
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Issue Tokens on Binance Chain Please refer to this token issue doc to learn about how to issue your own asset on Binance Chain.
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Submit Proposal On-Chain Proposal Request
Please refer to this governance doc to learn about how to create a proposal about listing a new trading pair on Binance Chain.
Please ensure that you test EVERYTHING on our testnet (multiple times at least) before you officially execute this on the mainnet.
Community Thread Proposal (Recommended)
It is recommended that Token Issuers first create a thread under the “Token Issuance & Listings” category in the Binance Chain Community Forum (https://community.binance.org/). The whole guideline is here
- Send List Transaction Please refer to this list doc to learn about how to send a list transaction and finish listing process on Binance Chain.
Please ensure that a list transaction must be sent before expire-time.
FAQ about Listing Tokens Which trading pair can be listed? Simply allowing trading between two assets seems easy enough, however it is expensive for not only the network but also its users in long term (and liquidity costs can be much larger). In order to efficiently use the network, Binance Chain only list assets against BNB and other widely accepted market quote assets.
How is a trading pair created on Binance DEX? The design philosophy of Binance DEX adheres to the idea that the most efficient and low cost way to perform trading and price-discovery is still to use single order book. This single order book is managed and replicated across all full nodes with the same, deterministic matching logic.