In recent months, the CEO of Binance had made similar statements, and it became necessary to remind investors once again. We see that altcoins not yet listed on popular cryptocurrency exchanges are being shared on social media as if they will be listed on exchanges X, Y, Z. However, it is known that exchanges do not allow the sharing of such insider information.
Altcoin Listing Alert
There are a few ways to guess which altcoins will be listed on popular cryptocurrency exchanges. For example, when popular network tokens like Arbitrum (ARB) issue tokens, they can make deals with exchanges due to high interest and achieve simultaneous listings. We also see that a significant portion of the altcoins added to Coinbase‘s review list get listed. However, predicting the listing of other altcoins on popular exchanges is impossible, and those who make certain claims about it can lead to you being scammed.
Binance and Coinbase officials had already made statements on this matter. Now, the CEO of OKX has made the following statement to warn investors about altcoin listings.
“Many friends call on me to list more brc-20 tokens. Thanks for these kind suggestions. I want to clarify, if we as an exchange use the simplest strategy, that is, just list all tokens, I believe it could help the exchange make money faster. But it would destroy the market. OKX never wants to be the most aggressive exchange in the industry in terms of listings. OKX may not be the biggest leader in the sector, but it has long-term philosophies such as building infrastructure, not causing harm, being as transparent as possible, and always being technology-focused.
Sending me spam listing requests via X (Twitter) will never work. Over the past many years, OKX CEX has established our 5 main principles for listing:
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Whether the Token is blockchain technology and product-oriented.
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The popularity of the Token within the community.
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Whether the project founder and investor team are long-term entrepreneurs.
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Legal and compliance review.
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We do not accept offers, but we select projects from the market based on our research.”
