GETTING YOUR TOKEN OR EXCHANGE LISTED ON COINGECKO AND COINMARKETCAP
If you ever googled cryptocurrencies, you probably stumbled across CoinGecko or CoinMarketCap. You know that two sites you use when your mate tells you about the project that will go 100x. As for exchanges and token issuers, being listed on CoinGecko and CoinMarketCap is important as it provides them with visibility and exposure to a large audience of potential investors and traders. These platforms offer real-time market data, analysis, and rankings, which can enhance the credibility and reputation of a project or exchange in the cryptocurrency community. In this blog post, we will discuss the steps to list token projects and how exchanges get listed on CoinMarketCap and CoinGecko.
What are CoinMarketCap and CoinGecko?
CoinGecko is a leading independent cryptocurrency data aggregator, founded in 2014 by CEO TM Lee and COO Bobby Ong. With a commitment to democratising access to crypto data, CoinGecko tracks over 12,000 different crypto assets across 600+ exchanges worldwide. In addition to providing comprehensive data, CoinGecko delivers valuable insights to its users through a variety of resources, including cryptocurrency reports, newsletters, and publications. By staying at the forefront of the crypto space, CoinGecko empowers users with the knowledge they need to make informed decisions.
CoinMarketCap (CMC) is a website that provides data and information about cryptocurrencies. It is one of the most popular and widely used websites for tracking the prices, market capitalization, and trading volumes of various cryptocurrencies. CMC collects data from various exchanges and provides real-time information about the performance and price of cryptocurrencies, making it a useful resource for individuals and organisations interested in the crypto market. In addition to its data and information offerings, CMC provides tools for tracking portfolios and staying up to date on the latest developments in the crypto industry. With its comprehensive and user-friendly interface, CoinMarketCap has become a go-to resource for those looking to stay informed about the rapidly evolving world of cryptocurrencies.
Both CoinGecko and CoinMarketCap are excellent resources for tracking the prices of various cryptocurrencies. CoinGecko offers a user-friendly interface and is independently owned, making it a great choice for those who prioritise a clean and streamlined experience. On the other hand, CoinMarketCap is owned by Binance and provides more short-form content and video links, making it a good option for those who are interested in staying up-to-date on the latest crypto trends and news. Ultimately, the choice between these two platforms will come down to individual preferences and needs, but both are valuable resources for anyone looking to stay informed about the cryptocurrency market.
OK, but why would I want my project to be listed on CoinGecko / CoinMarketCap?
The answer is pretty straightforward – because these sites are go-to sites for looking up token projects or exchanges. With over 300+ million views per month, you need to be listed there. Imagine being a farmer. Where would you rather showcase the vegetables and fruits you’ve produced? In the city centre, where everybody goes, or in a small village? It is the same with cryptocurrencies.
But how do I list my token project on CoinMarketCap / CoinGecko?
Getting a token project listed on CoinMarketCap and CoinGecko involves similar steps, but there are some differences to keep in mind. Both platforms have their own criteria and requirements that must be met in order to be listed, and they may have different processes for evaluating and approving new listings. It is important to carefully review each platform’s listing criteria and guidelines to ensure that your project meets all the requirements. In general, you may need to provide information about your project, its technology, and its community and data about its trading volume and market capitalization. Additionally, you may need to provide API documentation and information about the exchanges where your token is traded. Don’t worry, for each we are going to discuss necessary steps
To be listed on CoinGecko, a cryptocurrency must be traded on an exchange that is tracked by the platform. A full list of exchanges tracked by CoinGecko can be found on their Exchange page. It is important to note that there is no listing fee for coins or tokens on CoinGecko. Any claims of guaranteed or expedited listing services are scams and repeated inquiries about the listing process may result in the coin or token not being listed. CoinGecko does not offer express listing or guaranteed listing services to expedite the application process.
Steps for submitting coins/tokens on CoinGecko:
Step 1: Login to your CoinGecko account if you already have one. If not, sign up for a CoinGecko account.
Step 2: After logging in, they can navigate to the bottom of the CoinGecko homepage and click on the “Request Form” option. From there, they should choose the “Token/Coin Listing” option. If they logged in after clicking the “Request Form” button, they will be automatically redirected to the appropriate form.
Step 3: Select your type of listing request – either “Coin” or “Token”.
Step 4: Fill up all the coin/token details in the necessary fields in the form and add any additional information that you would like to share.
Step 5: Upload token/coin image
Step 6: Submit the request form. You can also submit a new request for a new coin/token listing
Step 7: To monitor the status of a listing request on CoinGecko, an individual can click the “Your Requests” button to check its status.
Just like CoinGecko, CoinMarketCap listings are free and CoinMarketCap does not support or endorse any service that promises to secure a listing on its platform in exchange for payment. Such services typically take credit for listings that would have occurred naturally and are not affiliated with CoinMarketCap. Before submitting the application form, there are some criteria that you need to meet first:
- Utilise cryptography, consensus algorithms, distributed ledgers, peer-to-peer technology, and/or smart contracts for the purpose of functioning as a store of value, medium of exchange, unit of account, or decentralised application (be real cryptocurrency, duh).
- Have a functional website and block explorer.
- Be actively traded on at least one publicly accessible exchange with substantial trading volume and have a tracked listing status on CoinMarketCap.
- Have a representative from the project who is available for clear communication for any necessary clarifications.
More detailed criteria for listing is explained here. It is important to note that the coin being submitted should be of high quality, nobody wants to see another failed token project. Here are the steps for submitting a token project to CoinMarketCap:
Step 1: Click here to access the listing form.
Step 2: Select [New Listing] Add cryptoasset
Step 3: A form is going to show all the necessary information you need to provide.
Step 4: Submit all necessary information such as the name of the cryptocurrency, the ticker symbol, logo, website, announcement thread, a list of exchanges it is available on, a URL displaying the real-time total coin supply, information on the distribution of your coins among holders, social media channels, source code repository, information on whether the coin is minable, and any additional relevant details that may aid in the listing process.
Step 5: wait for the confirmation/reply from CoinMarketCap.
I want to list exchange as well. How do I do that?
To be listed on CoinGecko, a request form must be filled out. However, listings must meet an internal set of criteria, which are not disclosed, before they are listed on CoinGecko. For an exchange (spot or derivatives) to be listed, it must have publicly accessible API documentation. The submission of the request form should not be made if API documentation is not available. The ideal API endpoints for exchange listings are documented on the CoinGecko website.
It is important to note that there is no listing fee for exchange listings on CoinGecko. Any claims of being able to list a coin or expedite the listing process on CoinGecko are considered to be scams. Additionally, CoinGecko does not offer an “Express Listing” service or any similar services to bypass the evaluation process. This evaluation process is considered necessary to ensure that the exchange is safe for clients to invest or entrust their funds.
You can find CoinGecko exchange list here.
CoinMarketCap listings are free and do not require payment so beware of individuals requesting fees or tips for listing on CoinMarketCap as this is not authorized. Listing services and attempts to bribe CMC employees will not be tolerated and may in permanent disqualification from the rankings, just like any attempt to manipulate or artificially inflate figures. Providing accurate and well-documented information in good faith is recommended for all projects.
Just like tokens, exchanges need to meet following criteria in order to be considered for a tracked listing:
- Have a functional website with trading volume that matches its API data.
- Publish a summary API endpoint that exposes the last price and 24h volume of each cryptoasset, with a variable for market type to distinguish derivatives from spot markets.
- Have been in operation for at least sixty days.
- Allow traders to place buy and sell orders on an orderbook, and be evaluated on a case-by-case basis if there is no orderbook data.
- Allow users to view all market pairs/order books without the need to log-in to the website.
- Provide direct URLs that clearly display each asset, and ideally have a ‘System Status’ page showing all listed assets.
- Designate a representative from the exchange who can communicate with CoinGecko for clarifications.
- Requests sent from email addresses within the exchange’s domain will be given priority.
It is important to note that the online submission form is the only way to request for listings/updates to CoinMarketCap.
In conclusion, we hope that this blog has been helpful in guiding you through the listing processes of CoinMarketCap and CoinGecko. If you require further assistance, please feel free to reach out to us through email, Telegram, LinkedIn, or by scheduling a call through the provided button. Our team of experts is ready to leverage their experience in market making to support you in your listing journey.