Evedo will soon be traded in 2 new exchanges
We have decided to allocate 2 900 000 EVED from our token reserve. The tokens will be kept in a wallet, dedicated entirely for liquidity providing for the exchanges that we will be listed on.
As you probably already know Evedo’s token — EVED is already listed on two big exchanges — BitForex and P2PB2B (You can check the latest news and price of our token at CoinMarketCap).
Our team has been in negotiation process with more then 15 different exchanges for the past 7–9 months. We have done our best to secure new trading platforms where EVED will be listed.
Today we are happy to announce that EVED token will soon be traded in 2 new exchanges (of course, we won’t be listed in both of them in the same time). We will announce their names soon, so stay tuned.
But why is it so important to get listed in new and bigger exchanges?
Being listed on one exchange as opposed to another can mean the difference of a new coin or token getting a lot of new interest, attention, recognition, and positive exposure.
This allows it to receive a lot of purchases and trades, then reach new heights. A token being listed on a major crypto-exchange can bring about a lot of response and interest. This can also greatly increase the value and trading volume in a token or coin.
That is why it is of utmost importance that cryptocurrency projects, new and old alike, seek for the highly coveted listing spots on the world’s best and most respected crypto exchanges. A project may have a lot of potential but may not be able to reach that potential due to a lack of exchange listings.
Without being supported by an exchange, buying and selling a crypto asset becomes extremely difficult (if not impossible). We can say that there is a clear relationship between the success of a cryptocurrency and the quality of exchange it affiliates with and lists on.
We believe that working on getting our token listed on more exchanges will help us grow not only our visibility but also our trading community.
What does the process of listing look like?
Getting listed on a crypto exchange can be a make-or-brake moment in the widespread adoption of the token.
Exchanges are often the on-ramp for users to access your ecosystem, and dictate how widespread the distribution and utility of your token will be. They are also a mark of community acceptance and project validity — as if you can pass an exchange’s screening and due diligence procedures you will often significantly increase public perception of your token.
One of the most difficult aspects about dealing with exchanges is that they are facing such a significant project demand — which results in significant delays in the listing process.
Each exchange has its own tendencies, habits, connections, and preferences of types of tokens listed. The valuable exchanges asks for listing prices that are quite big. This is where the negotiation process comes in.
What is our current roadmap of listing?
We are happy to announce that we have already passed the due diligence process with the majority of the exchanges we have spoken so far. Our token is admitted in most of them and will be listed in 2 new exchanges as soon as we finish our negotiations.
It’s important to mention that we are also on the verge of signing FREE listing contracts! This is possible obviously because our project is highly valued in the crypto community — this is why a lot of exchanges have raised an enormous interest in signing a listing deal with us for free. We will allocate a certain number of tokens for those exchanges which will provide liquidity.
Due to the future opportunities that are yet to open, our team has officially decided to allocate 2 900 000 EVED from our token reserve. Those tokens will be kept in a special wallet, created and dedicated entirely for liquidity providing for the exchanges that we will be listed on.
This is the address of the wallet: 0x1DEABADec6FAf55efE145A8d400432bb6cc183a3
The allocation will be done on the 22th of December.
We believe that we will provoke and initiate an additional growth in our trading community. By doing so we will also enhance the health and life of our token. From strategic perspective this will result in long-term growth of our product.
Let us know what you think!
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