How to List a Token on Bybit

Listing on Bybit can be a great opportunity, but it can also be a serious challenge for many crypto projects. Bybit is one of the leading crypto exchanges, with a high level of liquidity and a large audience of traders, but it does have requirements for listing projects, depending on their status. 

In this article, we will explain how to list a token on Bybit: we will analyse what requirements the exchange places on new tokens, how the application process works and what difficulties beginners may encounter.

Why List a Token on Bybit?

Bybit can give emerging crypto projects serious advantages over other exchanges. By listing on Bybit you will get:

• High trading volume. By listing on Bybit, the project gains access to 64 million users generating a trading volume of $4.1 billion per day. 
• Token support. The exchange actively interacts with tokens during the listing phase and provides them with marketing support.
• As well as advanced infrastructure, including the ability to conduct IDOs and access derivative trading instruments.

Requirements for Token Listing on Bybit

However, before you can take advantage of all the benefits the exchange has to offer, you need to fill in a listing application, go through a negotiation phase with the Bybit team and meet all the requirements that are imposed on listed projects. The basic requirements include:

Technical and Security Standards

Bybit imposes strict technical requirements on projects, including verification of a secure smart contract, performed code audits and vulnerability protection.

Team, Roadmap, and Market Position

The key factor for a successful listing can be a strong team, a clear roadmap and clear prospects for the development of the project. At the time of listing, your project should also have a scaling strategy, a working product (if any) and a defined market position that includes competitiveness, clear token value for investors and an active user base.

Community and Marketing Requirements

The Bybit team will analyse your community, taking into account size and engagement. The larger the audience and the more active the users, the higher the likelihood of a listing.

How to Apply for Listing on Bybit

Step 1: Gather Required Documents

Before completing the application to list your token, it is important to prepare the necessary documentation, including a detailed white paper, project roadmap, tokenomics data and legal information about your company, team and background.

Step 2: Fill Out the Bybit Application Form

When all the documents are ready, you can start filling in the application form. The form can be found on the official Bybit website. When filling in the form, it is important to describe all the information about the project in as much detail as possible, including the main characteristics of the token, data about the team and strategic partnerships, and to attach a marketing promotion plan.

Step 3: Negotiations and Project Evaluation

After submitting your application, the exchange team will analyse your project based on a number of criteria, including market capitalisation, audience size and engagement, and competitive advantage. If your application is not complete and the Bybit team has questions about your project, you may be contacted with additional questions.

Step 4: Financial Requirements and Listing Costs

Bybit charges a fee for listing your token on its platform, which varies depending on the project. If your project has significant potential, you may be able to get special listing terms or a discounted listing fee. 

Step 5: Marketing Strategy Before Listing

Once your application has been approved and the listing date is known, you can begin an active marketing campaign to spread the word about the token’s upcoming listing. At this stage, it is important to spread the word about your listing to as many potential investors and traders as possible. You can do this by organising AMA sessions, working with influencers and actively engaging with the community.

Challenges of Getting Listed on Bybit

But it is not as easy as it seems. Many projects encounter difficulties in the application process. This is especially the case for inexperienced teams going through the listing process for the first time. 

It is important to realise that there is a lot of competition for the right to be listed on Bybit. Hundreds of projects apply for listing, but only a small proportion are selected.

The exchange has stringent know your customer (KYC) and anti-money laundering (AML) requirements. If you want to get through the listing stage successfully, it is important to be honest with your team and comply with all legal requirements. 

How an Agency Can Assist

A listing application that contains incomplete or inaccurate information can result in a listing being rejected or significantly lengthen the negotiation process, which can take several months. Therefore, if you are launching your first project, professional help from agencies like Listing.Help will come in handy. During 8 years of work, Listing.Help team has helped to list more than 2500 projects, including Tether Gold, TON, Shiba token, Gala and many others. By communicating directly with exchanges, listing time is reduced by an average of 5 times compared to submitting an application on your own. And by understanding the nuances of listing, the likelihood of rejection is minimised. 

Help can go far beyond listing a token. The Listing.Help team can help with project positioning, building a marketing strategy, selecting appropriate exchanges for listing, as well as post-listing support, including providing a market maker to increase token liquidity, consulting and follow-up support.

Conclusion

Listing on Bybit is an important step in the development of any project. Listing a token on a top exchange will significantly increase the popularity of the project and the trust of users. However, preparing for listing can be a serious challenge, as you will need to bring your project up to all the technical and marketing standards that Bybit requires of projects. 

Be transparent and honest when communicating with the exchange team, and don’t try to make your project look good. Not only can this increase the review time and lengthen the negotiation process, but it can also be used as a reason for refusing to list the token.

Despite all the difficulties, you can speed up the listing process on the Bybit exchange and increase the chances of your application being approved. To do this, use the services of one of the specialist agencies, such as Listing.Help. Working with professionals will help you achieve significant results and save money by getting a cheaper listing compared to applying on your own.

Start preparing your listing today and take your project to the next level. Have a great listing!

For more insights and updates on the crypto world, don’t forget to check out our blog at Listing.Help