FILECOIN ($FIL)

Delisting
Website https://www.okx.comOKX
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Filecoin ($FIL) well be delisted on OKX FIL/BTC pair on 29th july 2024 at 6:00 ~ 7:00 am.

About Project

Filecoin stands as the leading decentralized data storage marketplace, protocol, and cryptocurrency. Built on blockchain technology, Filecoin enables users to store, retrieve, and manage data in a secure and distributed manner, ensuring reliability and cost-effectiveness. The platform leverages a robust network of storage providers and clients, creating a dynamic marketplace where data storage is commoditized and accessible. Filecoin's native token incentivizes storage providers to offer their space, facilitating a seamless and efficient storage ecosystem. With a focus on decentralization, Filecoin aims to revolutionize the way data is stored and accessed, promoting data sovereignty and security. The official Twitter account is actively managed by the community, ensuring real-time updates, support, and engagement with users and stakeholders. 

Also read: OKX exchange delisting - Cardano ($ADA)
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Filecoin ($FIL)
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Frequently Asked Questions (FAQs) View All
Crypto listing refers to the process of adding a new cryptocurrency to a crypto exchange platform, allowing users to trade, buy, and sell the newly listed token.
Cryptocurrencies get listed on exchanges through a rigorous evaluation process by the exchange's team. This typically involves considerations such as the project's technology, team, community support, market demand, and legal compliance.
The time it takes for a cryptocurrency to get listed on an exchange varies widely. It can range from a few weeks to several months, depending on the exchange's listing criteria, the complexity of the project, and the volume of applications the exchange receives.
Being listed on a cryptocurrency exchange can provide several benefits, including increased liquidity, access to a broader user base, heightened visibility and credibility for the project, and the potential for price appreciation due to increased trading activity.
Listing fees can vary significantly depending on the exchange and the project's perceived value. These fees can range from thousands to millions of dollars, and there may be additional costs such as legal fees, due diligence expenses, and marketing expenses.
Yes, exchanges typically have specific requirements that a cryptocurrency must meet to be eligible for listing. These requirements may include having a working product, a dedicated development team, a certain level of community support, legal compliance, and security standards.
Yes, most exchanges allow anyone to submit a listing request for a cryptocurrency. However, meeting the exchange's listing criteria is crucial for the request to be considered seriously.
After a cryptocurrency is listed on an exchange, users can start trading it against other cryptocurrencies or fiat currencies available on the platform. The project's team may also engage in marketing activities to promote the listing and increase trading volume.
Yes, exchanges reserve the right to delist cryptocurrencies that no longer meet their listing criteria or pose a risk to their users. Reasons for delisting may include low trading volume, security issues, lack of developer support, or regulatory concerns.
You can stay informed about new cryptocurrency listings by following exchange announcements, monitoring crypto news websites, joining project communities, and following social media channels of exchanges and cryptocurrency projects.