Many people who are dealing with crypto currency don’t actually understand many terms which are involved in the community of crypto like listing and launching of a currency. In this post, we will make you understand the difference between listing and launching in Crypto.
What is Crypto Currency?
Crypto Currency can be referred to as a digital or virtual currency that use cryptography for security. These kind of currencies operates on decentralized networks based on blockchain technology, which is a distributed ledger enforced by a network of computers (nodes).
Examples of crypto currency are Bitcoin, Binance coin, Ethereum and others. Before these currencies becomes available for use, they need to undergo some process and that’s where listing and lunching comes in. Now let’s see the difference between listing and lunching in Crypto.
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Difference between Listing and Launching in Crypto
Launching
When you here that a coin is launched or they are launching a coin, it simply means the initial creation and introduction of a new cryptocurrency or token. It involves the development of the blockchain technology, token distribution (through ICO, IEO, or other methods), and setting up the network infrastructure. Launching a cryptocurrency often includes creating the white paper, establishing the project’s goals, and sometimes developing additional features such as smart contracts or decentralized applications (dApps).
Listing
Now when you here that a coin has been listed or they are listing a coin, it simply means that a cryptocurrency, coin or token is officially added to a cryptocurrency exchange for trading. Getting listed on major exchanges is important for a token’s liquidity and market accessibility. Exchanges also have specific criteria (such as project credibility, security audits, community interest, etc.) that a token must meet before being listed.
For example, Crypto coins like Tapswap and Hamster Kombat are yet to be launched or listed. Example of place where a coin can be listed is Binance or Bybit.
So the major difference between listing and launching in Crypto is that listing pertains to making a cryptocurrency available for trading on exchanges, while launching refers to the broader process of creating and introducing a cryptocurrency to the market.