Leading cryptocurrency exchange OKX announced the inclusion of Avive (AVIVE) in its spot trading markets. On the other hand, cryptocurrency exchanges BitMart, Bybit and many more have listed various altcoin projects. Here are the details…
OKX announces AVIVE listing
Traders will now be able to interact with OKX’s AVIVE tokens, bringing new opportunities and diversity to the trading ecosystem. AVIVE deposit opening will be around 16:00 on December 14, 2023. Additionally, AVIVE/USDT trading pairs will be accessible starting from December 19th. The withdrawal process will begin on December 21.
BitMart and other cryptocurrency exchanges announce altcoin listings
INDODAX, one of the leading cryptocurrency exchanges, will list Band Protocol (BAND) with BAND/IDR trading pairs starting at 17:00 (UTC). In other news, BitMart announced listings for the following 6 altcoins:
- Sexone (SEX/USDT): Listed at 12:00 UTC
- GoMining Token (GMT/UST and GMT/USDT): Will be listed at 16:30 (UTC).
- Sundae the Dog (SUNDAE/USDT): Listed at 13:00 (UTC).
- ArtCoin (AC/USDT): Will be listed at 19:00 (UTC).
- FINSCHIA (FNSA/USDT): Listed at 08:00 (UTC).
- ENO (ENO/USDT): Will be listed at 18:00 (UTC).
Listings arrived from Bitrue and Bybit
On the other hand, Bitrue added the NEWM (NEWM/USDT) pair to its list. Cryptocurrency exchange Bitrue has included NEWM in the NEWM/USDT trading pair as of 11:00 (UTC). Additionally, cryptocurrency exchange Bybit has listed Myria (@Myria) and trading pairs have been available since morning today.
Why are exchange listings important for altcoin projects?
Exchange listings are of great importance in the cryptocurrency space for several compelling reasons. First, they contribute significantly to the liquidity of a cryptocurrency. By listing on reputable exchanges, a cryptocurrency gains access to a larger pool of potential buyers and sellers, promoting a more liquid and robust market. Moreover, stock exchange listings offer a crucial way to take part in the market. Cryptocurrencies featured on well-established exchanges are becoming more visible to a wider audience of investors. This increased visibility can attract new investors and accelerate the growth and adoption of cryptocurrency.
Reliability and trust are very important elements in the cryptocurrency market, and exchange listings play a crucial role in establishing them. Reputable exchanges typically conduct extensive due diligence before listing a cryptocurrency, instilling confidence in investors and signaling the legitimacy of the project. Exchange listings also facilitate price discovery. The presence of a cryptocurrency on more than one exchange allows for a more accurate determination of its fair market value. This transparency benefits both investors and investors who want to make informed decisions.
