Bitget tightens token listing criteria to avoid exit scams

Bitget is implementing new guidelines by introducing mandatory legal reviews, more stringent tokenomic analysis, and comprehensive background checks.

According to a Bitget press release shared with Crypto.news, the company implemented these strict criteria for listing tokens to protect users from high-risk projects and possible exit scams.

According to the new rules, every project that wants to be listed on Bitget must undergo a strict evaluation covering multiple aspects. A comprehensive legal review ensures the project’s code quality, security measures and regulatory compliance.

Bitget’s new listing criteria

The main focus of the updated criteria is tokenomics. Bitget will now conduct detailed analysis on token supply, distribution, and fully diluted valuation of the project.

Projects with FDV exceeding 20 times the amount raised in financing rounds will raise red flags, signaling potentially inflated valuations. For example, a project that raises $5 million should not have an FDV of over $100 million; This ensures that valuations are in line with market expectations.

In addition, Bitget will also review token unlocking schedules and warns that unlock times of less than two years may indicate a lack of long-term commitment from the project team. This could lead to early selling pressure, jeopardizing token stability.

The platform will also evaluate the development team’s background and funding sources. Projects backed by established institutions are more likely to pass the listing process, while projects backed by lesser-known organizations will face additional scrutiny.

Any connection to previous fraud or unethical practices such as rug pulling or Ponzi schemes will result in a project’s immediate disqualification from the list. Existing tokens already traded on other platforms will face even deeper evaluations, including analyzes of on-chain data to assess their economic health.

Tokens that show a significant disparity between trading volume and FDV will be flagged for potential price manipulation.

“Projects wishing to list a token on Bitget must undergo strict legal and technical review to assess code quality, security measures and regulatory compliance in accordance with Bitget’s listing criteria. This is an important step to protect our users from high-risk projects. Those that do not meet the standards will not be listed on Bitget.”

Hon Ng – Bitget’s Chief Legal Officer.