It is considered that a token listing is one of the most important stages of an ICO and even a necessary condition for the launch of a blockchain start-up and successful croudfunding campaign. What about now?

What is listing for and why would one ever need it?

It would seem that the answer to this question is obvious — to make the price of a cryptocurrency grow. Although, in practice, it does not always get this way. After a listing, things can go two ways.

The classic variant is when a token, around which a community has already been formed, gets listed on an exchange, the interest to it grows, its sales increase and so the coin rises in value.

There is a second variant — when tokens appear on an exchange after an ICO. There are situations when investors who bought tokens during a pre-sale begin to sell tokens massively, which drops the value of a crypto currency. This scenario is quite common, but it doesn’t have to happen always.

By the way, not all projects get listed immediately after a token sale — the same GRAM token of Pavel Durov’s messenger is still not traded on exchanges.

The Sea of ​​Cryptoexchanges

Understanding the hundreds of existing cryptoexchanges and choosing the ones that are reliable is quite difficult, especially when you take into consideration that the situation is changing very quickly.

If you look for exchanges on the basis of ratings and Internet reviews, you can come across the fact that many exchanges that were in the top ten even six months ago have already closed, got mixed up into a major scandal or simply stopped accepting altcoins.

More or less relevant information on exchanges can be found on the sites that monitor exchanges — you can understand which exchanges are popular by the number of transactions per day. Sites like DappRadar or Coinhills are quite useful resources for this, where you can see the trading volume on each exchange, as well as the currencies that are traded there.