Bybit To Establish New Standard For Listing And Delisting Coins!

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Aug 14, 2024 9:32

Bybit has announced the implementation of a comprehensive listing and delisting framework designed to enhance user protection, uphold market integrity, and promote the overall health of the blockchain ecosystem. It will establish a new standard for listing and delisting coins, requiring projects to list key dates such as protocol upgrades, token burn, frozen maturities, etc., and will formulate clear delisting standards, including performance metrics, compliance failures, and fraudulent activities. With Bybit’s spot market share rising above 20%, Bybit has become the most preferred listing platform, with 151 new tokens listed in Spot so far in 2024.