How tokens go online to decentralized exchanges? Is it free to go online to a decentralized exchange?

Decentralized exchanges (DEXs) have become a popular choice for cryptocurrency trading, and their security and privacy are far superior to traditional centralized exchanges (CEXs). In addition, DEX's token launch process is also relatively simple. This article will explain in detail how the newly issued tokens will be launched on DEX and help you track project progress.

DEX Token Online Guide:

The token launch DEX mainly includes four steps: contract deployment, liquidity fund pool preparation, liquidity addition, and transaction pair information submission. This is a key link in the promotion of many crypto projects. DEX does not require project review, it can be put on the shelves by meeting technical requirements. The specific steps are as follows:

1. Contract deployment is completed: Tokens must follow specific blockchain standards (such as Ethereum's ERC-20, BNB Chain's BEP-20, or Solana's SPL). Confirm that the contract address is accurate and the contract has been successfully deployed and operated normally. It is recommended to conduct code audits to reduce security risks.

2. Preparing liquidity fund pool: DEX Use the automatic market maker (AMM) mechanism, and the project party is required to provide initial liquidity. Select the main trading pair, such as USDT/Token, ETH/Token or BNB/Token. The initial liquidity determines the number of tokens injected into the fund pool and the number of corresponding assets (such as USDT). For example, if a plan is to offer 100,000 tokens and 10,000 USDT, the initial price is 1 token = 0.1 USDT. The token is then authorized to the exchange's liquidity pool contract.

3. Add liquidity: Select the "Add liquidity" option on DEX to create a fund pool. Select a trading pair (tokens vs. another asset, such as USDT), enter the number of both assets, and submit the transaction to the blockchain to pay the necessary Gas fees. After the transaction is successful, the fund pool is officially created.

4. Submit transaction pair information: Most DEXs can be traded without approval, but to facilitate user search and transaction, it is recommended to submit token and transaction information to the relevant platform. Submit token names, symbols, contract addresses, logos, social media links, etc. through DEX's interface or community channels. Some DEXs may require verification steps to ensure information integrity (such as Uniswap or PancakeSwap's token list).

DEX Coin Fee:

DEX is usually free to go online. Unlike CEX, DEX does not charge a listing fee. User transactions only require payment of the Gas fee for the blockchain network, not the platform transaction fee.

Comparison of DEX and CEX fees:

• DEX: Only Gas fees (blockchain online transaction confirmation fee) are required.
• CEX (e.g. Binance, OKX): High currency listing fees may be charged, including basic fees, marketing and promotion fees, technical integration and support fees, as well as additional security audits and compliance review fees. In addition, CEX may also charge a platform handling fee.

Summary:

This article introduces in detail the process of launching the token DEX. Although it is relatively simple, it still needs to pay attention to technical details and operational strategies. Successful launch is not the end of the project's success. Subsequent liquidity maintenance, marketing promotion and project development are also crucial. The project party should choose the appropriate blockchain and DEX according to its own needs, and ensure the contract security and sufficient funding pool. Finally, remember that DEX projects can be risky and investors need to be cautious.

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