Why IDEX Does Not Charge Token Listing Fees: Quality over Revenue
It may come as a surprise to learn that popular cryptocurrency exchanges can charge fees up to $1 million for projects to list their token. To put this in perspective, the NASDAQ currently charges less for a listing. These token listing processes are notoriously difficult, often taking months, and are prone to problematic execution.
Sadly, these practices have become generally accepted in the crypto sphere. After all, the exchanges hold a lot of power, and they can command these fees. However, we believe this pay-to-play model is short-sighted and stifles growth and innovation in today’s crypto economy...
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