How Bundle Lists Cryptocurrency Assets
Our listing process reinforces collaborative decision-making and manages technical resources efficiently.
We’re always happy to list new cryptocurrencies on Bundle because it gives everyone more trading options.
Our listing process involves community voting and trade volume measurement to reinforce our culture of collaborative decision-making and manage technical resources effectively.
Here’s our process for listing cryptocurrencies:
Bundlers (members of our community) vote to pick the next cryptocurrency to list on Bundle. 🙋🏾 🙋🏾♂️ 🙋🏾♀️
Cryptocurrency Listing: Phase 1
We’ll usually list the cryptocurrency with the most votes on Bundle and it can be traded (bought and sold) immediately.
However, a newly listed cryptocurrency cannot be withdrawn (to an external wallet) or deposited (from an external wallet). This makes it easy for us to list new cryptocurrencies and create trade pairs (such as BTC/NGN) quickly, with as many as ten listings and pairs in a week.
To make a decision on enabling withdrawals and deposits for a newly listed cryptocurrency, we take some time to measure its trading volume — how much the cryptocurrency is bought and sold on Bundle.
Cryptocurrency Listing: Phase 2
In this phase, withdrawals and deposits will be enabled for a cryptocurrency if it has a favourable trading volume. 📈
Implementing withdrawals and deposits on the blockchain requires a lot of resources, so our listing process helps us maintain efficiency while also giving Bundlers the power to decide how Bundle grows.
If you have questions about our listing process or the cryptocurrency assets we list, please send an email to email@example.com and we’ll get back to you.
Stay bundled! 👋🏾