OKX’s Listing Criteria for BRC-20 Tokens

Summary

OKX CEO Jay Hao has clarified that the exchange has no intention of aggressively listing new BRC-20 tokens. Instead, the exchange follows certain long-term principles when deciding which tokens to list.

Introduction

OKX, a popular cryptocurrency exchange, has been receiving requests to list new BRC-20 tokens. In response, CEO Jay Hao has outlined the requirements that must be met before a token can be listed.

Main Points

• OKX has no intention of becoming the most aggressive listing exchange in the industry.
• The exchange has certain long-term principles that dictate which tokens it lists.
• The five principles for listing tokens include: being product-driven and built on blockchain technology, having a certain level of user recognition, verifying the long-term building capabilities of the project’s creator and investment team, considering the legal and regulatory evaluation of the token issuer, and conducting market analysis.
• OKX aims to ensure that the listed tokens have a strong foundation, potential for growth, and compliance with regulations.

Conclusion

OKX, while appreciative of the suggestions to list more BRC-20 tokens, prioritizes the long-term stability and success of the market. The exchange follows strict criteria to ensure that the listed tokens meet certain requirements and have the potential for growth while complying with regulations.