bitget

Bitget announces the latest listing standards, strengthening the token review process

ChainCatcher news, Bitget announced an update to its listing standards, further strengthening the token review process. All projects intending to list must pass a rigorous comprehensive evaluation, focusing on the token economic model, token supply and distribution, practicality, and the background and qualifications of the development team. In addition, Bitget requires projects to submit detailed business plans and roadmaps. This series of measures aims to enhance platform transparency and trust, safeguard user interests, and mitigate related risks.For newly listed projects, Bitget will focus on evaluating fully diluted valuation (FDV), funding background, token unlock schedules, as well as financial, security, compliance, political, and ethical risks; for tokens that are already circulating, the review will focus on on-chain data analysis and the comparison between 24-hour trading volume and FDV; for tokens already listed on other exchanges, the focus will be on smart contract security and token distribution.Bitget's Chief Legal Officer Hon Ng emphasized: "Any project intending to list on Bitget must undergo strict legal and technical reviews to ensure that code quality, security, and compliance meet Bitget's listing standards. These measures are designed to better protect users and avoid high-risk projects; projects that do not meet the standards will not be listed on the platform."Bitget's CEO Gracy Chen stated: "Our goal is to create a safe and trustworthy trading environment. By implementing these strict listing standards, we are not only protecting users but also ensuring that projects on Bitget have long-term development potential. We are committed to further expanding the spot market in the coming years, and these strict standards are an important part of achieving this strategy. In addition to the pre-listing review process, we will also provide ongoing support for quality projects after they are listed, helping them achieve long-term success."This update is part of Bitget's global strategy aimed at enhancing user security and strengthening platform compliance, contributing to the healthy growth of the cryptocurrency industry.
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