- Determine token type: You need to determine the type of token you want to issue, such as ERC-20 tokens, BEP-20 tokens, etc. Different exchanges support different types of tokens, so you need to consult the exchange's regulations to understand which type of token you should choose.
- Create token: Create your token and register it on the selected exchange. You can use an existing smart contract to create the token, or you can use the token creation tool provided by the platform. You need to provide detailed information about the token, such as name, symbol, total supply, decimal places, etc.
- Write smart contract: If you use a custom smart contract to create the token, then you need to write the smart contract for the token. Make sure your smart contract complies with the exchange's regulations and thoroughly test it to ensure it can run properly and is secure and reliable.
- Audit: The exchange needs to audit your token to ensure that it complies with its regulations. The audit usually includes technical and compliance audits. You need to provide detailed information about the token, including token whitepaper, smart contract code, token economic model, etc.
Technical audit:
Code audit: The exchange may require an audit of the token's smart contract to ensure the security and reliability of the code.
Token symbol and name: The exchange will check if the token's symbol and name are duplicated with existing tokens and if there are any inappropriate words or symbols.
Token smart contract: The exchange will review the token's smart contract to ensure it complies with the exchange's regulations, such as the type and functionality of the token.
Token economic model: The exchange may review the token's economic model to ensure it is reasonable, fair, and sustainable.
Compliance audit:
Non-security certificate: If the token is not a security, the exchange may require the token issuer to provide a non-security certificate to prove the nature of the token.
KYC/AML: The exchange may require the token issuer to implement KYC (Know Your Customer) and AML (Anti-Money Laundering) measures to ensure that the token is not used for illegal activities.
Legal review: The exchange may require the token issuer to provide legal certificates to prove the legality and compliance of the token.
Whitepaper: The exchange may require the token issuer to provide a whitepaper that details the token's technology, economic model, application scenarios, etc. - Token issuance: Once your token has passed the audit, you can issue the token on the exchange. You need to set the price and supply of the token and create token trading pairs on the exchange.
- Promotion: Once the token is successfully issued, you need to market and promote it to attract more users and investors. You can use social media, advertising, press releases, etc. to promote your token.