At the time of writing, CoinMarketCap has listed 6639 cryptocurrencies and 307 exchanges. Note that countless other smaller exchanges are not listed, where cryptocurrencies are being traded too. The main reason a token is listed on exchanges is to make the token available for sale to the project community to buy and sell the token freely. That gives the project and the token a chance to succeed. Exchange listing usually takes place after the completion of the project’s private sale. Many projects do not follow this as they want to have their tokens traded somewhere and list their tokens on unknown exchanges. Scammy projects often do this.
LandOrc has successfully listed its native LORC token on Coinsbit Exchange. It is crucial to list a token on a solid, good exchange. The community will only be more interested in the respective project than projects that are not represented anywhere. Coinsbit is an award-winning cryptocurrency exchange that was launched in 2018. It is a centralized exchange based in Estonia. The team claims that the number of Coinsbit users is 2,000,000. Coinsbit supports cryptocurrency pairs, 6+ fiat gateways and OTC trading, as well as P2P-lending platform. It also offers cryptocurrency trading and allows users to earn crypto assets via the Staking pool. Coinsbit offers its platform both for listing and for conducting IEOs. It is one of the top 100 exchanges in CoinMarketCap, 62nd to be exact at the time of writing, with a 24 hours volume of more than USD 1 Billion. It has 114 currencies already listed under its market, and LORC will be its latest edition.
LandOrc.io’s maiden listing of its LORC tokens has allowed it to boost trade volume and liquidity. It will attract the attention of other exchange users and turn them into LandOrc community members, establishing its presence across the globe. In addition to buying LORC tokens at LandOrc DApp via https://app.landorc.io, you can now register yourself with Coinsbit Exchange at https://coinsbit.io/ and start buying and selling LORC tokens.
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