The scam exchange that posted on here earlier made me wonder -- will MRT ever be listed on a real exchange?
How can an invite-only crypto become listed on an exchange like Binance or BitMex, where the wallet itself is hosted? Will the user need 1 invite-token to have a regular wallet and then another invite-token to trade on an exchange?
To my limited understanding of behind the scenes - the team has mapped out the solution for this.
I'll copy and paste from the website FAQ:
https://www.merit.me/faq/Not yet!
The Merit Market is our first exchange. =] We have not talked to any third-party exchanges yet, but we plan to reach out to them soon. We followed this strategy for many reasons.
The short version is that Merit has been successful so far in onboarding many new users who have never used crypto before. We are extraordinarily proud of this. And most exchanges are Expert Mode with 100s of currency pairs and very complex daytrader interfaces.
We wanted to be sure that we provided a remarkably simple and easy way for new users to Merit (and crypto in general) to get their hands on Merit.
Additionally, because Merit is invite only, exchanges will have to do a little extra work in order to list MRT. We have several ways to facilitate this process, but in the short term we will continue to support the Market.