How To Get Cryptocurrency Listed On Exchange
The world of digital trading isn't possible if you take out the cryptocurrency in the equation. Since we live in the technology era, we cannot only rely on physical materials around us. The trade happens online nowadays, so you must manage your cryptocurrency well. This article will give you some ideas on how to get cryptocurrency listed on exchange.
Countries that Supports Cryptocurrency Exchange
It's tempting to try when there's a word "free," like free coin listing exchange. But no matter how free it is, you should also consider the countries that support cryptocurrency exchange. It’s undeniable how fast this virtual currency took the market. Some of us may have been using it before it became more popular. And we can't blame them for that because cryptocurrencies are convenient to use if you can handle them well. We made a list below to help you determine which of the countries around the world legalizes the use of cryptocurrency.
- Russia – this country doesn't forbid the use of bitcoin. However, if the citizens wish to use it for trading, purchasing, etc., and it didn't go well, the government isn't accountable. So it is up to you whether to use it or not.
- United States – this country supports Bitcoin. But other cryptocurrencies are two steps behind if we talk about legalization. And just so you know, it was only in 2013 when they allowed bitcoin to participate in different transactions.
- India – this country is neutral with cryptocurrencies. However, as in Canada, some of its banks don't allow its use in any transaction.
- Japan – this country is considered as the topnotch in exchange for cryptocurrency and trading in Asia.
- Belarus – just recently, this country legalized the use of crypto-coins and smart contracts by the government's urge. This makes a clear statement that the country is ready to enhance its digital economy.
- Thailand – this country supports the use of bitcoin. However, the trading and exchange of virtual currencies are allowed only if the bitcoins are licensed.
- Malta – this country may take long before embracing the cryptocurrency, but it took it seriously by approving a law that allows it to be involved in the trade with regulation. So technically, this country is full support for its use as well as the citizens.
- Germany- this country is one of the most active cryptocurrency users. The citizens were granted to make their trade, buy, sell, or exchange using the bitcoin. With the convenience of using it, it even participated in the development of solutions for blockchains.
- Vietnam – this country supports cryptocurrency in terms of purchasing and trading. However, the citizens aren’t allowed to pay using virtual currencies.
- France- this country comes after the United States when it comes to the legalization of cryptocurrency. It does allow the exchange, taxation, authority, and trade using cryptocurrencies. Another fact that will blow your mind is that you can make your own cryptocurrency in France. But of course, you need to follow the proper procedure.
- Singapore – this country supports bitcoin, but tax is applied in some cases. It is legal to use bitcoin and other virtual currencies in this country. So the citizens and traders have the liberty to use it in making transactions.
- Canada – this country legalizes the use of cryptocurrency. However, some Canadian states, as well as the banks, oppose this to be involved in their trading transactions. So yes, it is legal but limited if we may describe it.
- Holland – this country has its so-called bitcoin city in of its regions where trading, purchases, and deals are 100% legal. Many of its citizens support the use of virtual currencies. However, it is not yet clear if its government will support other cryptocurrencies.
Some countries are not on this list because the legalization of cryptocurrency is not yet clear. So, going back to your question, how to get cryptocurrency listed on exchange? Learn how below.
Finalize Your Cryptocurrency Exchange
Your first step on how to get cryptocurrency listed on exchange is to finalize your cryptocurrency exchange. Remember that it should be compatible with the country where you want it to circulate. Aside from that, you must finalize the exchange, whether it is decentralized or not. If this all is clear to you, then you proceed to the next step.
Prepare the Documents Needed
The next step on how to get cryptocurrency listed on exchange is the documents. Your cryptocurrency will not be declared legal if you cannot provide the papers needed. You can inquire to the professional to help you get the documents you need to prepare because it varies in some countries.
Wait! Wait! Wait!
Normally, you have to wait two months for the listing. It can be shortened or include more days, depending on your token's status. So you have to wait patiently. You will also be paying for the listing of your cryptocurrency, so you have to be prepared.
Conclusion
There are so many things that you can do with cryptocurrency. And though you cannot feel it, they play a big role in digital trading nowadays, unlike your physical currencies. Now that we have taught you how to get cryptocurrency listed on exchange, you can secure your cryptocurrency exchange assets. And who knows, you might be the next multimillionaire once your assets grow. Just make sure you keep your assets genuine, and that would be possible. Find out more about cryptocurrency here!
