Bybit has announced the implementation of a new listing and delisting system for cryptocurrencies aimed at enhancing user protection, upholding market integrity, and promoting the overall health of the blockchain ecosystem.
New Listing and Delisting System
Bybit's new listing and delisting system will set a new standard for adding and removing cryptocurrencies. Projects will be required to list key dates such as protocol upgrades, token burn, and frozen maturities. Clear delisting criteria will also be formulated that include performance metrics, compliance failures, and fraudulent activities.
Key Features of the System
The system will include several key elements: 1. Listing of key dates such as protocol upgrades and token burns. 2. Clear delisting standards including performance metrics and fraud cases. 3. Enhanced project requirements to maintain high levels of transparency and security.
Bybit's Growing Market Share
With Bybit's spot market share rising above 20%, the platform has become the most preferred listing platform, adding 151 new tokens to the spot market in 2024.
Bybit continues to strengthen its position as a leading cryptocurrency listing platform through the implementation of a new listing and delisting system aimed at enhanced user protection and market integrity.
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