Vector Smart Gas ($VSG) will be listed on Coinstore with VSG/USDT Pair on 24th august 2024 at 18:00 (UTC+8).

About

Vector Smart Gas ($VSG) Project

VSG is in the process of developing a new Layer 1 blockchain to address the chronic issue of gas expenses on the Ethereum network. The VSG Token will shortly be moved to the new Layer 1 blockchain, VSC, where it will act as the principal utility and gas token. This Layer 1 solution, paired with our cross-chain backend, is poised to transform trade in the public, private, and enterprise sectors. One of the most remarkable aspects of the VSG Token is its hyper-deflationary mechanism: $1 from each transaction on the VSC blockchain will be allocated to a buy-and-burn scheme, gradually lowering the total supply and potentially raising the token's value over time.


Also read: BingX exchange listing - Orderly Network ($ORDER)
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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.
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