Listing On NuMoney Exchange
How to list your token on NuMoney Exchange?
To help drive innovation in the blockchain industry, NuMoney is committed to supporting both new and established blockchains.
We seek to provide its users with an ever-growing selection of blockchain technologies and digital tokens.
As part of the listing review, a token must successfully complete a compliance review before it can be listed on the Exchange. Our compliance review typically requires the applicant to provide a legal opinion on whether the token is considered a ‘Security’ under the Securities and Futures Act (Chapter 289) of Singapore.
The listing fee is 50,000 SGD in cash, cheque or bank transfer and we need a legal opinion issued by Coleman Street Chambers on your token model.
The listing will only happen after NMX is listed on the exchange.
We want to be compliant with regulatory protections that why we are interested in listing “Utility Tokens”.
In addition to the compliance review, NuMoney reviews several items when determining whether to list a token, including but not limited to whether it is an innovative and/or new Blockchain or has an innovative use case or application. As part of its review, NuMoney takes into consideration a number of factors including but not limited to:
New blockchain features
Token design parameters
Significant improvement over existing blockchain
Interesting, innovative, or unique application
Usefulness of use cases
Technological experience and reputation of token applicant and team
We are happy to work with credible tokens with lower volumes, but we see daily volume as a measure of token health. We also recognize that for some ICOs, we would be the first exchange that it would be listed on, so there is no daily volume. In those situations, we would like to understand the token sale dynamics as a proxy for understanding demand and volume.
If you are interested in listing your token on NuMoney, please get legal clearance from Coleman Street Chambers at [email protected] for your token -- Mention that you are looking to list your token on NuMoney Exchange.
Only after getting legal clearance, do drop us an email at [email protected] to inquire about getting your token listed.
We cannot list any token that resembles a security.
The team of any token planning to list on our exchange must have fully verified accounts.
We don't have a definitive set of criteria as each project is unique.
We listen to the community and select projects that we believe are unique, innovative, and that our users would be interested in trading.
We also look for products that have strong market demand.