Cryptocurrency Q&A
How do you get a coin rated?
How do you get a coin rated?
HanbokGlamour
Mon Nov 18 2024
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5
answers
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I'm curious about the process of getting a coin rated. What are the steps involved and who is responsible for the rating? I would like to understand the criteria and the overall mechanism behind coin rating.
5 answers
Federico
Tue Nov 19 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet services. However, in the context of grading coins, individuals must send the packaged coins to the grading company. This step is crucial as it marks the beginning of the grading process.
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Chiara
Tue Nov 19 2024
The initial step involves paying to join a submission club. This club serves as a gateway for individuals who wish to have their coins graded by a professional grading company.
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Claudio
Tue Nov 19 2024
Upon joining, it is necessary to fill out the required paperwork. This paperwork serves the purpose of identifying the coin accurately and providing an insurance value for the same. The insurance value is crucial as it protects the coin in case of any unforeseen events during the grading process.
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SeoulSerenitySeekerPeaceLover
Tue Nov 19 2024
The next step involves packaging the coins according to the grading company's standards. These standards ensure that the coins are securely packaged and protected from any potential damage during transportation.
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CharmedSun
Tue Nov 19 2024
Along with the packaged coins, a check or credit card information must be included to pay for the grading service. The cost of grading can vary depending on the grading company and the value of the coin.
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