Facts about Zonda Global exchange
Zonda is a fully regulated cryptocurrency trading platform that has been available to users since its registration in Poland in 2014. Zonda is one of the largest digital asset investment platforms in Europe and is the first crypto exchange that got licensed with the Estonian Finance Intelligence Unit (FIU) in 2020. You may have heard about this platform under the name BitBay. However, in 2021, already after moving to Estonia, the company conducted a serious rebranding, changed its name and logo, and now is known as Zonda Global. The team consists of 70+ experts.
Currently, the Zonda ecosystem also includes such products as Zonda FIAT Exchange and Zonda Pay.
According to the information provided by Coingecko, as of October 2022, the platform’s users can get access to 58 coins that are currently available in 198 trading pairs.
How to list your token on Zonda
The Zonda team always attentively analyzes each token project before welcoming it on their platform. To conduct careful research they need to get detailed information from project teams to estimate the feasibility of listing their coins.
To make a decision on that, Zonda considers such data as coin market cap, project’s whitepaper, source code, and token technical parameters. Also, if you are interested in listing on Zonda, you will be asked to share your plans for future project development and the strategy that you apply for solving non-technical and technical issues related to your coin.
For the convenience of teams who want to submit their applications, Zonda provides a standardized form that can be filled in online on their official website. Submitted tokens will be presented for community voting. Those projects that will get the most votes will have the possibility to be listed on the platform fully for free. Moreover, Zonda promises to provide full-scale promotional support to attract the attention of its users to the newly listed coins.
Zonda’s score metrics
When choosing a platform for your token’s listing, it is important to check its reputation and general rank in comparison to other exchanges. A good choice is to check how CoinGecko, CoinMarketCap, and Nomics rate the exchange.
CoinGecko uses Trust Score, a rating algorithm evaluating the legitimacy of an exchange’s trading volume. Trust Score is calculated on a range of metrics such as liquidity, the scale of operations, cybersecurity score, and more. Zonda Global’s Trust Score is 5.
CoinMarketCap’s Exchange Score is based on the following factors:
- Web Traffic
- Average Liquidity & Volume
- the Confidence that the volume reported by an exchange is legitimate. Weights are assigned to the above-mentioned factors and a score from 0.0 to 10.0 is given to the Spot Exchange.
Zonda’s Exchange Score is 2.8.
Listing requirements
When you apply for a listing on centralized exchanges, the legal team will examine your documentation, which usually includes the certificate of incorporation, legal id of team members, whitepaper, etc. In certain cases (like stable coins), they may require additional documents. You will be asked to provide key information about your token, team, and community. This information should persuade the exchange team that your token will be successful after listing. Take the time to do it well.
The project review consists of several key points:
- Project Introduction: The token issuer should write a short summary of what the project does or fill out a form providing necessary project details and information for review by the exchange’s team.
- Token Overview: This includes chain type (BSC, ERC, TRC, etc.), blockchain explorer, smart contract address, use of token, etc.
- Token Economics and Fundraising: You will be asked to provide information about token distribution, token unlock schedule, or conducted token sales.
- Marketing Strategy and Community: To check the user engagement and quality of business partnerships, the exchange will check community hubs with their main geographies. They check the website, Twitter, and Telegram channels, including the number of followers and likes per post. Projects should also introduce strategic partnerships with expected results.
- Project Team: Introduce your team members with bio descriptions of the Founder/CEO and core members, including Linkedin profile links..
- Listing Plan: Outline your plan for listing the token. If it’s not your debut, you’ll need to provide the exchange team with information on your existing markets and trading volumes on them.
- Market Maker: You must specify a market maker who works with you and provides initial liquidity during the listing.
By addressing these points thoroughly, you increase the probability of the approval and entry into negotiations.
We help token projects get listed on Zonda. We can introduce you to their listing team and verify the communication channels to protect you against scams. We also can help you in the negotiation process and ensure liquidity for your token at the very first moment of your listing. You can specify Empirica as your market maker – that could be an extra point for you :)
Contact us to learn how to increase your chances of a successful listing on Zonda.
What is the cost of listing a token on Zonda?
Most exchanges do not officially disclose listing fees, which can vary widely across different spots. Sometimes, exchanges may not charge anything for listing, while other times the fees can be substantial, with no upper limit. These amounts are always under NDA, so you probably will not find any credible information on them across the websites.
We can provide you with an overview of the listing costs on various exchanges based on our experience. Schedule a free consultation. We can discuss the best listing strategy for your token. You can consider our help in the fee negotiation process. As we have helped many project to get listed on Zonda, you can count on us in this process.
Our services include extensive support in the following areas:
- Introducing to verified listing teams. Prevent listing scams by verifying listing managers and communication channels.
- Assist in the listing negotiation process in regard to price and KPIs.
- Ensuring both initial and long-term liquidity for the listed token, fulfilling the exchange’s KPIs.
- Stabilizing prices across CEX and DEX platforms
Contact us and let’s talk about the details.
Listing on Zonda with our help
We can support you on your way to Zonda listing and help you manage the liquidity on the platform. The usual process looks like this:
- We set up a call to understand the phase of your project. The following points will be discussed:
- Are you already listed on DEXes or CEXes?
- What is the tokenomy of your project?
- Do you have a listing strategy for your digital currency?
- We discuss the best possible liquidity strategy for your project.
- If we agree to set up a partnership, we introduce you to verified managers of one or more exchanges (listing support).
- After your project gets listed on a trading platform, we help you build your markets on platforms using our tools and services.
Do I need a market maker on Zonda at all?
Good exchanges, like Zonda, expect that you come with a market maker when applying for listing.
Managing a token startup is a real challenge. As a cryptocurrency project, you need to focus on building your products and services and get your liquidity powered by market makers.
A market maker will help you:
- deepen the liquidity on your token’s books and make them more stable – which helps mitigate the price fluctuations of your coin
- lower spreads between bids and asks so that the prices get fairer for investors; that reduces the cost of entering and exiting positions and encourages investors to trade your coin
In the 24/7 cryptocurrency markets, well-managed assets are supported by algorithmic market makers. They provide liquidity through their market-making services, supported by fully automated software algorithms. Empirica’s liquidity products are reputable top-notch algorithmic market making solutions.
REACH US TO DISCUSS THE LISTINGS AND BUILDING THE LIQUIDITY OF YOUR MARKETS
FAQ
WHERE IS ZONDA LOCATED?
Zonda started its way into the industry as a small Polish cryptocurrency exchange. But in 2019, it moved to Tallin, Estonia, where it is currently registered.
WHAT IS ZONDA’S DAILY TRADING VOLUME?
According to Coingecko, as of October 12, 2022, the daily trading volume on Zonda was $1,296,656.
IN WHAT COUNTRIES IS ZONDA AVAILABLE?
Zonda is mainly available in EU countries and also in some other regions. However, the exchange clearly states on its website that its services are not available to residents of countries that do not cooperate in anti-money laundering activities, that support terrorist activities, and those that are not acceptable for legal reasons.
WHAT IS TOKEN LIQUIDITY?
This term refers to the ease with which tokens can be swapped for other assets (other crypto assets or government-issued fiat currencies).
WHO ARE MARKET MAKERS?
A market maker is a company or individual that regularly buys and sells financial assets at a publicly quoted price to provide liquidity to the financial or digital asset markets. Their role is to satisfy market demand. Market making is also used as a profit-generation trading strategy by hedge funds.
What are the best exchanges to be listed on?
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