Coin Listing Policy

Avvacrypto is committed to maintaining a secure, transparent, and compliant environment for cryptocurrency trading. This Coin Listing Policy outlines the criteria and process for listing new cryptocurrencies on our platform in alignment with European Union (EU) laws, including the Markets in Crypto-Assets Regulation (MiCA) and other applicable regulations.

1. Objective

The Coin Listing Policy ensures that only cryptocurrencies meeting high standards of security, transparency, and compliance are made available on Avvacrypto. The goal is to protect users while fostering innovation in the cryptocurrency ecosystem.

2. Eligibility Criteria

Avvacrypto evaluates cryptocurrencies based on the following criteria:

a. Legal and Regulatory Compliance

• The cryptocurrency must comply with EU laws, including MiCA, Anti-Money Laundering Directives (AMLDs), and other relevant regulations.
• Issuers must provide documentation of regulatory approvals or exemptions in applicable jurisdictions.
• The project must not be associated with illegal activities or violate sanctions or embargoes.

b. Technology and Security

• The blockchain technology supporting the cryptocurrency must be secure, scalable, and operational.
• Smart contracts (if applicable) must undergo independent security audits, and the results must be publicly available.
• The project must have a robust mechanism for addressing technical vulnerabilities.

c. Transparency

• Clear and detailed whitepapers or documentation must be available, outlining the project's purpose, use case, and tokenomics.
• The team behind the project must disclose their identities and qualifications, with a verifiable track record.
• Regular updates and communication with stakeholders must be demonstrated.

d. Market Demand

• There must be clear evidence of user interest and adoption.
• The cryptocurrency must have active trading volumes on other reputable platforms.

e. Sustainability and Ethics

• Projects using Proof of Work (PoW) consensus mechanisms must outline efforts to minimize environmental impact.
• Tokens must align with ethical practices and not promote harmful or illegal activities.

3. Application Process

Cryptocurrency projects seeking listing on Avvacrypto must follow these steps:

Step 1: Submission of Application

• Applicants must complete the Coin Listing Application Form, providing all required documentation and information.

Step 2: Preliminary Review

• Avvacrypto's Listing Team conducts a preliminary review to ensure the application meets basic eligibility criteria.

Step 3: Due Diligence

• A thorough review of the project's legal, technical, financial, and operational aspects is conducted, including:
  • Smart contract audits.
  • Team background checks.
  • Review of regulatory compliance.

Step 4: Decision

• The decision to list a cryptocurrency is made by Avvacrypto's internal Listing Committee, based on due diligence findings.

Step 5: Integration and Testing

• If approved, Avvacrypto integrates the cryptocurrency into its platform and performs rigorous testing to ensure compatibility and security.

4. Listing Fees

• Avvacrypto may charge a listing fee to cover administrative and technical costs.
• The fee amount is disclosed during the application process and must be paid in advance.
• Fees are non-refundable, even if a cryptocurrency is delisted at a later date.

5. Ongoing Requirements

Cryptocurrencies listed on Avvacrypto must adhere to the following ongoing requirements:

• Maintain regulatory compliance in all applicable jurisdictions.
• Provide regular updates about the project's progress, governance, and any significant changes.
• Notify Avvacrypto immediately of any issues that may impact users, including hacks, forks, or legal disputes.

6. Grounds for Delisting

Avvacrypto reserves the right to delist a cryptocurrency if:

• It no longer meets the eligibility criteria or violates EU laws.
• There is evidence of fraud, misconduct, or unethical behavior by the project team.
• The project experiences significant technical or operational failures.
• There is insufficient trading volume or user interest.

Delisting Process:

• Users will be notified at least 30 days before delisting, except in cases of urgent action required for legal or security reasons.
• Users will have a grace period to withdraw affected tokens.

7. Risks Disclosure

• Listing on Avvacrypto does not constitute an endorsement or recommendation of a cryptocurrency.
• Users are responsible for conducting their own research and understanding the risks associated with trading cryptocurrencies.

8. Regulatory Compliance

Avvacrypto's coin listing process adheres to:

• MiCA requirements for crypto-asset issuers.
• GDPR for data protection during the application and listing process.
• AML and CTF laws to prevent illegal activities on the platform.

9. Amendments to the Policy

Avvacrypto reserves the right to amend this Coin Listing Policy to reflect changes in regulations, market conditions, or platform requirements. Updates will be communicated via email or platform announcements.

10. Contact Information

For inquiries regarding the coin listing process, please contact:
Email: listing@avvacrypto.com
Address: Avvacrypto, 103 Bishopsgate, London, EC2N 5AA, United Kingdom

Disclaimer: The decision to list or delist a cryptocurrency is at Avvacrypto’s sole discretion and is not subject to external appeals. Listing applications do not guarantee approval or integration.