<div class="cryptonews">
 <p class="is-style-lead">CEO of the OKX <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency exchange, Jay Hao, named five basic <a rel="noopener noreferrer nofollow" title="principles" href="https://thebittimes.com/tag/principles.html">principles</a> for <a rel="noopener noreferrer nofollow" title="listing" href="https://thebittimes.com/tag/listing.html">listing</a> <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies on the platform.</p>
 <p>Jay Hao posted on his X account that many friends are urging him to stake more BRC-20 tokens. However, he explained why this strategy is not suitable for OKX.</p>
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   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">A lot of friends urging me list more brc-20 tokens. Thanks for these kindly suggestions. I want to clarify, as an exchange if we use the simplest strategy that is just list all tokens, I believe it may help exchange make more quick money, but will destroy the market. OKX never…</p>— Star (@star_okx) December 25, 2023
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 <p>The head of the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency exchange presented five basic <a rel="noopener noreferrer nofollow" title="principles" href="https://thebittimes.com/tag/principles.html">principles</a> for <a rel="noopener noreferrer nofollow" title="listing" href="https://thebittimes.com/tag/listing.html">listing</a> specific tokens on the exchange. He indicated that before deciding to list <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> assets, one must rely on the following factors:</p>
 <ol>
  <li>Blockchain technology and token-based product</li>
  <li>Popularity of the token in the community</li>
  <li>The founder and team are long-term builders.</li>
  <li>Legislation and Compliance Review</li>
  <li>Refusal to list “shitcoins”</li>
 </ol>
 <blockquote class="wp-block-quote">
  <p>“I want to clarify, as an exchange if we use the simplest strategy that is just list all tokens, I believe it may help exchange market more quick money, but will destroy the market.”</p> <cite>Jay Hao, OKX CEO</cite>
 </blockquote>
 <p>Jay Hao also noted that OKX never wanted to be the most aggressive <a rel="noopener noreferrer nofollow" title="listing" href="https://thebittimes.com/tag/listing.html">listing</a> exchange in the industry. Although OKX is not the most prominent industry leader, it still has a long-term philosophy, such as building infrastructure, not being evil, being as transparent as possible, and always relying on technology.</p>
 <p>Last week, trading volume on the OKX NFT marketplace exceeded $60 million, surpassing the Blur and OpenSea platforms. Analysts attribute this growth to increased BRC-20 and Bitcoin (BTC) Ordinals tokens trading volumes. The success of the crypto exchange was because, in May 2023, OKX added the ability to trade Bitcoin Ordinals and BRC-20.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/okx-ceo-listed-main-principles-for-crypto-listing-tbt74726.html">https://thebittimes.com/okx-ceo-listed-main-principles-for-crypto-listing-tbt74726.html</a></p>

OKX CEO listed main principles for crypto listing

TheBitTimes

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