HashKey Exchange Unveils Listing Policy
If you’re looking to list your crypto on HashKey Exchange in Asia, be prepared to pay a hefty price. The Hong Kong-based crypto firm has introduced a listing policy that requires applicants to pay a non-refundable $10,000 review fee. This fee does not guarantee a successful listing, as the company also requires a one-time listing fee ranging from $50,000 to $300,000 based on the complexity and unique characteristics of the token.
According to HashKey, non-ERC-20 or BEP-20 assets are likely to cost more than tokens minted on the Ethereum or BNB Chain. The exchange explained that complex token types and transaction structures require additional scrutiny and analysis, resulting in increased listing fees. They also reserve the right to modify this policy.
Hot Take: High Costs for Crypto Listings
HashKey Exchange’s listing policy showcases the high costs associated with getting your crypto listed on a major exchange. The substantial review and listing fees reflect the complexity and unique characteristics of different tokens, indicating the growing expense of navigating the crypto market.