Token Listing
If you are interested to list your digital asset on BITPoint with FIAT and Crypto Trading Pairs, please contact us at ops@bitpoint.com.pa
Please note that Future listings and delistings on BITPoint will be based on the general principles below.
Product quality evaluation
- Open-source code – a detailed review by parties not related to the core development team.
- Prototype – the presence of a well-functioning alpha or beta producto to be checked by the public.
- Security – a demonstrated chain of improvements in the code after each disclosure of vulnerability
Founders and Leadership
- Team – the evaluation of the engineering team’s capability.
- Operations – the evaluation of proper budget allocation and proper fund management.
Scalability
Roadmap – a clear itinerary showing all key development stages.
Practical Applications – the future use of the product is clearly explained.
Type of Blockchain – the product can be seen as a separate blockchain with a new architecture or it is built on the basis of an existing blockchain
Regulation
Legislative Framework – the asset cannot be classified as a security under any legal framework.
Market Liquidity
Global Market Capitalization – the market capitalization of the company compared to market capitalization of peers on the market.
Circulation – total amount of tokens/coins in circulation.
Customer Demand – the product is tailored to fully meet customer demands and expectations
Developers and Contributors – a growing number of developers and contributors alongside the increase in the scale of the project
Community Activity – the team actively communicates with customers in various channels,
Crypto Economics
Type of Token – the token is protected from scammers and theft of funds thanks to strict security measures taken by the company.
Ethics or Code of Conduct & Transparency – ethical standards the company sticks to should be included in the white paper or the project website.
De-listing
BITPoint reserves the right to remove any token from the Exchange for any reason, prior to a notification period.
BITPoint shall review the following factors while taking a decision to delist a token or remove it from the market:
- Standards introduced by the regulator or compliance-related issues
- Serious abuse during the use of the tokens or a poor reception by the community
- Defects or faults occur in the blockchain or related technology
- A limited trading volume on the exchange, a detection of a suspicious trading activity
- Experience with token applicant, team and their handling of information requests
- Cases of violation of terms and conditions of Covesting’s token listing agreement
