How to get listed on exchanger monitorings

An exchanger monitoring is an aggregator that collects rates from dozens or hundreds of exchange services and shows them side by side. For the owner of an exchanger, being listed there is the main way to acquire customers. This article explains what monitorings require, what kind of API you need and how to prepare an exchanger technically before you apply.

Why a crypto exchanger needs monitorings

Most users are not looking for a particular exchanger by name — they are looking for the best rate. Monitorings collect that demand and route it: the user picks a direction, sees a list of exchangers with their rates and reserves, and clicks through to the site with the best terms.

For a new exchanger this is often the only meaningful source of traffic at launch:

• Traffic from day one — even a brand-new exchanger gets visitors when its rate is competitive;
• trust — a listing on a major monitoring signals that the service is legitimate;
• reviews and reputation — monitorings build credit with customers through their reviews;
• competitor intelligence — you see other exchangers' rates and terms in real time.

What monitorings require

Technical requirements

Operational requirements

What API exchanger monitorings need

The standard monitoring API is an XML feed that returns the list of exchange directions with their current rates, minimum and maximum amounts, and available reserves. The monitoring polls that feed automatically every 30–60 seconds.

One entry per direction: what is exchanged for what, at what rate, within which limits and against which reserve.

What matters is that the data updates on every rate change. A delay of more than a minute makes the rate in the monitoring diverge from the rate on your site, which irritates customers and pulls your rating down.

Rates and reserves

Up-to-date rates are the main factor in where you sit in the listing. An exchanger with stale rates or zero reserves either falls out of the results or is shown at the very bottom of the list.

• Rates should update automatically — from exchange APIs or your own sources;
• reserves should reflect your real balance, not a declared one;
• minimum and maximum amounts should match the limits you actually accept on orders.

Order processing speed

Monitorings track how fast orders are processed. Automated exchangers close operations in minutes, while manual processing takes hours. Users prefer fast services, and monitorings factor that into the rating.

Exchanger reputation and customer reviews

Monitorings weigh customer reviews in the rating. Good service, fast exchanges and quick support generate organic positive reviews. Unanswered complaints pile up and drag the rating down.

AML/KYT and risk control

AML/KYT checks raise a monitoring's confidence in your exchanger. A KYT (Know Your Transaction) system screens every transaction for risk: sanctioned addresses, mixer services, darknet activity. Exchangers with an AML policy are treated as more reliable.

How to prepare an exchanger for a monitoring listing

How CryptoExchanger gets the project ready

The CryptoExchanger platform includes every technical component you need to get listed on monitorings:

That covers the core technical requirements of the aggregators out of the box and leaves you free to work on the business itself — rates, reserves and the quality of your service.

Further reading on launching a crypto exchanger