JAKARTA – One of the crypto trading giants in the United States, Coinbase, recently announced the procedure for coin or token issuers who wish to register their digital assets on its platform.
According to a statement from his official blog written by Coinbase head of product Surojit Chatterjee, stating that the process of listing a new crypto asset can start with the asset issuer creating an account and submitting a proposal.
Furthermore, Coinbase's Digital Asset Listing Group (DALG) evaluates the app using a standard listing evaluation framework to ensure it meets legal and security requirements.
If approved, the asset will be listed on the exchange and closely monitored to ensure it continues to meet platform requirements, according to Coinbase. The exchange said it may decide to remove certain altcoins from listing if they fall outside the company's standards.
Other factors considered include the lack of clarity about fundraising methods and whether virtual assets are distributed before being used for stated purposes.
“As part of our efforts to level the playing field, listing assets on Coinbase is, and always has been, free. We do not charge any registration or application fees to asset issuers,” Chatterjee said.
“Unlike many exchanges, we also do not charge any prerequisite asset marketing fees or require issuers to adopt other Coinbase services. Some speculate otherwise, but that's not true…” he concluded.
The head of Coinbase product stated that his party is committed to providing protection to consumers. Because of this, Coinbase selects strictly the assets to be listed on the largest US crypto trading platform.
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