Binance Listing

Thanks for your words of encouragement :smirk:. Ledger support has been raised by a number of members and we owe it to at least try. Also…

Has anyone made a start and submitted an exchange application? Gringotts brought it on the last governance meeting (check gitter/grin/lobby). If not I’m happy to get an application rolled out on a single exchange. If others can do the same that would be helpful

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thx for follow up! i actually just posted:

i would be interested in funding a grin ledger app - agree the difficulty seems in finding the right talent who isn’t already working on something else that’s more important

and i didn’t realize binance dex had encouraged us to list - has anyone applied, does anyone have an active application, etc

i am happy to pay the required BNB too

there are 42 questions here - https://community.binance.org/topic/18/guidelines-on-how-to-list-your-token-on-binance-dex

also there are questions on main binance app - can we work on these as a community in a public doc

does anyone have anything from other exchange apps? we should centralize all this biz dev / mkting info

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I work long hours but can try and make time to help over the week end.

Dude, thanks and all. You made a kind offer to donate the BNB required but:

  1. I can’t accept that you shoulder this burden alone
  2. Ledger support, exchange listing, raising awareness, adoption, etc is a big enough task as it is. Don’t want to sound pessimistic but it would be a whole lot easier/better/faster if the community starting to at least try in whichever way they can to get actively involved instead of watch from the sidelines hoping the other guy/gals does it. After all, the progression of Grin affects everyone equally.

I’m all for your idea and keen to help (time, effort, donation), but won’t bother until we can see some decent participation by the wider community.

In regards to centralizing the process, it’ll be a shame provided the great pain the developers have gone through to make this as decentralized as can be. But hey, the amount of feedback from the community is gonna be minimal at best so what difference does it make?

Disclaimer: Grin council and developers including Ecosystem project developers are the true hero’s.

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there’s a misconception around some of this ‘centralization’ vs decentralization hate

the idea of all this is that there is a decentralized community that contributes to all things grin

there still needs to be some centralized organization to what ppl are working on

the grin codebase, scheduled calls, website FAQ, organized mkting docs, etc

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Your totally right, some centralization is needed to actually get things done but it does gets complicated.

Provided ‘Sheldon’ makes an application to Binance. After sometime, Binance tells the applicant ‘Sheldon’ the date in which Grin will be listed. How can one convey the message to everyone else in a fair manner? Can you for-see some members raise this issue and complain about ‘fairness’ of the project?

I’m stumped on this one to be honest. It would be ideal to get some fail proof mechanism in place which ensures openness & fairness. A mechanism that is approved by the community (not necessarily all, but at least a good ‘turn up’).

look at these tips - esp 12 - 17

https://www.linkedin.com/pulse/binance-listing-tips-changpeng-zhao/

i dont really think GRIN is as unique as ppl are making it here, there are other decentralized cryptocurrencies that have ppl in the community applying for exchange listings

binance also directly funds & talks to GRIN devs (look at ironbelly, knockturn alley)

GRIN also has designated points of contact for security stuff so it’s not like it’s that decentralized / there isn’t some centralized ppl for them to reach out to in an emergency - https://github.com/mimblewimble/grin/blob/master/SECURITY.md

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Dude, I’m absolutely with you. I’m just against you paying the whole fee and to be honest against any listing with the current level of grin awareness and availability of accurate content out there. But I’m just one guy and Its what the community feels as a whole that matters.

Did you see that the proposal fee is 1000 bnb and that if they refuse the proposal, the bnb won’t be refunded to you?

ya but this is not fraud, scam, spam as stated in step 3 bullets

The 1000 BNB will be refunded to you as long as your project isn’t some scam or fraud. According to the guidelines on Binance:

"* Denied proposals will lose all the funds deposited, however this result will only occur in rare circumstances when there is relatively clear fraud, scam or spam. "

So even if it’s NO, you will still have your 1000 BNB refunded to you as long as your project isn’t some fraud or scam/spam.

However, that doesn’t mean there’s no fee for listing on Binance DEX.

Step 4: List

  • If the vote is passed, the Token Issuer will need to initiate a “List” transaction on-chain (1,000 BNB fee) within the timeframe specified in the proposal, while the previous 1,000 BNB deposit will be refunded back to the proposing user.
  • The trading pairs will be live immediately after this request is completed.

So in essence, you still have to pay the 1000 BNB listing fee if the project is approved for listing on BinanceDEX

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Why should he put him self at risk while me and you (Ken) and countless others watch? Plus there is a risk in everything regardless of how small.

If we lose proactive members like Grinn then we are left in literally the worst situation. A lazy entitled community which will accomplish next to nothing.

Im happy to donate 0.3 BNB and take part in the application process provided the thousands of others do the same. Heck, I’d even donate 3 BNB, but doubt 10% of this community will do the same.

Would strongly recommend u refrain from any individual action which could easily hurt only YOUR interests alone

Totally agree with you Swizz_beatz.

I recall that the RVN community created an exchange outreach fund and from what I recall, it garnered quite a bit of interest from the community. I remember donating a good amount of RVN to that outreach fund and I know that in the end, RVN got listed on quite a few exchanges including Bittrex, Binance and several others. Not saying that this was a direct result of that exchange outreach effort, but it couldn’t have hurt.

The other question is – will getting GRIN listed on the Binance DEX really make much of a difference in liquidity? The listing on Binance DEX is totally different from Binance International. I don’t know how much volume/liquidity exists on the DEX since it’s a fairly new product. It might not actually help much with liquidity if nobody trades on the Binance DEX. IMO, more effort should be made to try to get GRIN listed on the main Binance exchange rather than the DEX.

I agree, we can give a lot on many fronts. Hundreds to exchanges to apply, getting the ball moving regarding cold storage, etc.

Im up for it, but only when others start getting involved.

Here’s the discord channel for the RVN exchange liason channel.

At the very least, we can take a look at their approach on how they got RVN listed on so many exchanges and figure out if some of the folks who contributed to that are part of the GRIN community as well. I know many of the admins on GRIN discord were also admins on RVN’s discord. RVN is already listed on the vast majority of relevant exchanges. GRIN isn’t on any of those. We sure could use some help with tips from the folks from RVN’s exchange liason channel who also are part of GRIN’s community. From my understanding, there is a good amount of overlap between supporters of both projects.

I do not see any reasons to ask for listing application in any exchanges. Exchanges should learn about coins themselves.

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You deserve grin hall of fame. But binance is going to list at some point regardless. You can save your money if you are just patient.

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@0xb100d Are you part of the core team?

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No sir, just manage the gift shop.

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