Listing on MEXC – what should you know
If you are seeking to list on exchanges like MEXC, it might also be good timing to understand that you might need some help from an experienced third party. A party, that partners with trading platforms and can guide you through often an uneasy listing process. An entity, that can advise you where to list first and tailor a strategic listing plan for your token project.
Empirica – an active market maker on MEXC, offers token projects support in planning their listings. We will guide you step by step in launching your markets and making them liquid from day one. Check how we can support you in token listing.
As of April 2024, MEXC is one of the global leading digital-asset trading platforms, very popular among mature token projects (ranked 24. on CoinGecko among 215 crypto exchanges). With $1,365,345,217 of daily trading volume.
MEXC was established in 2018 and is registered in Seychelles. MEXC is known as the exchange of high performance and mega transaction matching technology. The team at MEXC are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC caters to more than 10 million users in more than 170 countries and regions around the world. During the 2021 Crypto Expo Dubai event, MEXC was awarded the “Best Crypto Exchange Asia” award.
Why list on MEXC
At the moment, MEXC offers 2,212 coins and 2,699 pairs for trading.
MEXC score metrics
When choosing a venue for 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. MEXC’s Trust Score is 8/10
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.
MEXC’s Exchange Score is 6.7 (ranked 11. on CMC).
CryptoCompare has established the notion of Top-Tier volume whereby investors can segment the market into higher and lower-risk volumes (A is the best and E is the worst grade). MEXC has a B Grade.
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 MEXC. 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 MEXC.
What is the cost of listing a token on MEXC?
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 MEXC, 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.