Recently, government watchdogs from all around the globe have been increasingly regulating cryptocurrencies like Bitcoin, Monero, ZCash…their turnover and promotion. Meanwhile, the whole situation in the crypto space is constantly changing.
There are many factors assessing the reliability and quality of cryptocurrency exchanges: liquidity, openness, fees, deposit and withdrawal limits, trading volume, security, insurance, user convenience and so on.
The priority in the regulation field for most countries — the fight against money laundering and sticking to the Know Your Customer (KYC) policy, so they are actively taking measures to intervene in the cryptocurrency industry.
On the one hand, this can harm investors, but on the other, it will help reduce the percentage of crypto fraud. It is difficult for cryptocurrency startups to develop and attract investments given the fact of transition to more complex procedures for the production of tokens and presence of giant players such as Binance, Bitfinex, OKEx and etc.
Now it is required not only to promote the exchange in the right way but also to adapt it to the new requirements. Also, difficulties may arise for those cryptocurrency startups which are focused on privacy. In any case, regulatory results will depend on measures taken by governments regulators.
But what is essential for the creation, development, and maintenance of the exchange, when the amount of pressure from the government increases every day, and the number of registered active users directly depends on income?
Here are some really topical tips:
It is necessary to develop a well-built web platform with a user-friendly UI (user interface) that is understandable for the client. You also need to take care of a sufficient number of trading tools for an experienced trader;
Protection against personal accounts’ hijacking and uninterrupted communication with the Internet;
Highly qualified staff. Customer feedback, quick responses to clients’ requests, as well as notifications about promotions and new listings;
You should not dwell on already studied cryptocurrencies, it is worthwhile to constantly study and evaluate the cryptocurrency market for listing new and promising assets;
uridical legalization is another key factor for great trust from customers.
And still, startup promotion is the most effective way to increase investment and income for your startup.
Even though a promotion campaign or any referral program is a good step towards success, you can make a double profit with our services by making a good promotion of the referral program for the target audience. Holding all aspects of marketing together when the stakes are this high is important and for a newbie, this task may be almost impossible. That is what we exist for. We bring an extensive platform of popular specialized forums and Key Opinion Leaders (KOL) of this industry to let the others hear you.
Let’s just imagine that you have all of this, what’s next? How to list cryptocurrency on the exchange?
Combining the Listing.Agency wide range of listing experience on CoinMarketCap, we also effectively use our own promotion strategies via CPC, SMM, and SERM. Thus we built a unique PR model exclusively for each new client, which means that we will not give you a copy-ready solution, but we will create it, focusing on your requirements.
Another serious issue for crypto exchanges — liquidity.
How to attract interested token holders to keep the asset circulation on your exchange?
According to statistics, liquidity is one of the most important indicators for traders and highly liquid markets support their confidence.
It is not surprising that it is becoming more and more difficult for young cryptocurrency exchanges to compete with large ones, facing a liquidity issue. However, there are several techniques to raise its level — you can connect your exchange with another existing one through the API interface, join a whole network of cryptocurrency exchanges, or you should at least know how to pump/dump cryptocurrency via artificial accounts (actually, we do not recommend do the promotion this way).
When buying and selling cryptocurrency, it is important that the market does not change its price within a certain timeframe. Also to adjust the parameters of liquidity, it is important to trace the parameters of past days and compare them with the current trends for the concept.
“Enough to boil the tongue from the head! There must be a simpler way,” you may say and you are right.
These methods are focused on a long-term perspective, but what if you want a quick and pragmatic response?
Using a well-established CPA network engine, you pay us only for those clients, who deposit assets on your exchange. This is the easiest and the fastest way of bringing paying user. No money no honey.
There is no need to do all of this multi-structural plan alone. There is no more need to be a qualified expert in the cryptocurrency market field either. We at ICODA Agency can do even more for your startup so you should not puzzle your head over promotion or how to bring reliable investors, clients or support.
Alongside 50+ satisfied clients, we reached a high new level of trust and found our own recipe of success in this wild, wild industry.
Contact us and we will help you to develop & support your project in the right way!