According to Xu, the OKX team thoroughly evaluates the project behind each coin before making a decision, taking into account the following factors:
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Whether the cryptocurrency is truly decentralized and built on blockchain technology;
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The token’s popularity within the crypto community;
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The long-term commitment of the project’s founders and investors;
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Compliance with legal requirements and regulatory standards.
Xu further emphasized that the exchange doesn’t base its listing decisions on project pitches but rather independently selects coins that meet their criteria.
“Although OKX may not be the largest industry leader, we remain committed to our long-term philosophy of prioritizing infrastructure, avoiding harmful practices, promoting transparency, and being driven by technology. Contacting me on Twitter for listing requests will never be effective.”
In response to numerous requests to add more BRC-20 format tokens to OKX, Xu revealed these pre-listing requirements. He believes that including all tokens in the listing would be detrimental to the cryptocurrency industry as a whole.
“Let me be clear: if we adopted a strategy of simply listing all tokens, it may generate quick profits for the exchange but would have serious repercussions for the market.”
Founded in 2017, OKX is a globally recognized cryptocurrency exchange. It offers spot and futures trading markets, as well as copy trading and the use of trading bots. OKX boasts over 50 million users and ranks sixth in trading volume according to CoinMarketCap.