Listing on CoinMarketCap - basic criteria for Exchanges

Listing on CoinMarketCap – basic criteria for Exchanges

CMC is the most popular rating platform in the world of crypto exchanges, with monthly traffic exceeding 40 million users. The number of exchanges exceeds 350, the competition in the rating is quite high because being at the top is an indicator of reliability combined with functional leadership. 

For new exchanges, the presence in the rating is a must have in order to take their place in the crypto market.

On a daily basis, CoinMarketCap receives thousands of requests to add specific crypto assets and exchanges to the website. In an ideal world, they would be able to entertain most of these requests, but the reality is that due to finite resources, they must prioritize listings based on set criteria and guidelines.

So let’s have a look through these requirements.

For an exchange to be considered for a tracked listing, it must meet the following prerequisites:

  1. A functional website with trading volume that matches its API data.
  2. Must publish a summary API endpoint that exposes the last price and 24h volume of each crypto asset. 
    1. See sample of ideal API endpoints. Exchanges must include a variable for ‘type’ of market to help CMC  distinguish derivatives (e.g. perpetual swaps, options, physically-delivered futures) from spot markets.
  3. Must be in operation for at least sixty days (The number of days that affiliated exchanges/projects of the same name have been in operation counts towards this requirement).
  4. Must allow traders to place buy and sell orders on an orderbook. DEXes with no orderbook data will be evaluated on a case-by-case basis.
  5. Must allow users to view all market pairs/order books without the need to log-in to the website.
  6. Must have direct URLs that display each asset unambiguously (full asset name and/or logo), preferably with a ‘System Status’ page that shows all listed assets.
  7. Must be able to provide a representative from the exchange with whom CMC can establish open lines of communication for any clarifications.
  8. Requests originating from emails that share the domain of the exchange will be prioritized.

    It is important to note that it is not described here that the exchange should have a community and a traffic level commensurates with trade volume – which is quite logical. And, the main reason for not adding your exchange if all technical requirements are met might be a small monthly volume of visits.

If you need help in the growth of your community and a quick boost of your project – contact us via telegram @mycoin marked #cmctraffic and get the best price on the market! 

Listing on CoinMarketCap - basic criteria for Exchanges

Listing on CoinMarketCap – basic criteria for Exchanges

CMC is the most popular rating platform in the world of crypto exchanges, with monthly traffic exceeding 40 million users. The number of exchanges exceeds 350, the competition in the rating is quite high because being at the top is an indicator of reliability combined with functional leadership. 

For new exchanges, the presence in the rating is a must have in order to take their place in the crypto market.

On a daily basis, CoinMarketCap receives thousands of requests to add specific crypto assets and exchanges to the website. In an ideal world, they would be able to entertain most of these requests, but the reality is that due to finite resources, they must prioritize listings based on set criteria and guidelines.

So let’s have a look through these requirements.

For an exchange to be considered for a tracked listing, it must meet the following prerequisites:

  1. A functional website with trading volume that matches its API data.
  2. Must publish a summary API endpoint that exposes the last price and 24h volume of each crypto asset. 
    1. See sample of ideal API endpoints. Exchanges must include a variable for ‘type’ of market to help CMC  distinguish derivatives (e.g. perpetual swaps, options, physically-delivered futures) from spot markets.
  3. Must be in operation for at least sixty days (The number of days that affiliated exchanges/projects of the same name have been in operation counts towards this requirement).
  4. Must allow traders to place buy and sell orders on an orderbook. DEXes with no orderbook data will be evaluated on a case-by-case basis.
  5. Must allow users to view all market pairs/order books without the need to log-in to the website.
  6. Must have direct URLs that display each asset unambiguously (full asset name and/or logo), preferably with a ‘System Status’ page that shows all listed assets.
  7. Must be able to provide a representative from the exchange with whom CMC can establish open lines of communication for any clarifications.
  8. Requests originating from emails that share the domain of the exchange will be prioritized.

    It is important to note that it is not described here that the exchange should have a community and a traffic level commensurates with trade volume – which is quite logical. And, the main reason for not adding your exchange if all technical requirements are met might be a small monthly volume of visits.

If you need help in the growth of your community and a quick boost of your project – contact us via telegram @mycoin marked #cmctraffic and get the best price on the market!