Topic: [ANN] ByteDEX - Speed, Security, Blockchain, Exchange! - page 2. (Read 1004 times)

Exchanges’ Native Tokens/Coins


In the Crypto world of very high price volatility, Exchanges' own coins /tokens have relatively little volatility and promise big returns for investors in the long term.
Exchange coins are actually a kind of precious metal that can be used in all transactions of exchange. Exchange users enjoy many advantages by keeping exchanges' own coins/ tokens in their wallets. At the beginning of these, we can count on paying a very low commission fees.
Every Crypto Exchanges want to make its users turn to the Exchanges' own coin/token in order for the coin/token it produced to gain value. One of the ways of it is to encourage users to keep their exchanges' coin/token in their wallets for a much lower commission fees. Thus, it is aimed that the exchange token/coin gains value, collects volume, and strengthens. Beyond it, In this way, users avoid paying high commission fees.
Users can also benefit from exchange revenues by locking and staking exchange coins. This provides users with the opportunity to earn a stable income.
In general, Crypto Exchanges coins offer very successful examples to the crypto money world.
At the time of this writing, Binance Exchange's coin, BNB, is trading at $ 305.79 and its Market cap is $46.92B . ( https://coincodex.com/cryptocurrencies/sector/exchange-tokens/ ) According to these figures, the amount of BNB in circulation in the market appears to be 153.43 billion.
UniSwap Exchange's native coin UNI is traded at $20.69, while its total market value is calculated as $12.15B. The total UNI in the market is about 4 times more than the BNB coin. The number of UNI coins in circulation is 587.26M.
The Crypto Coin Chain Token CRO has 25.26B tokens in circulation and its price is $0.122275.
As of July 31, the opening price of the Bytedex token, which will be traded on its own exchange, has been determined as $ 0.05. The ico price of the BYTEDEX token, which is currently in the ICO process and has an ico supply of 200M, is $ 0.03. A total of 1 billion BYTEDEX tokens have been produced on the TRC10 network, and 253,502,691 tokens have been burned after the private pre-sale and pre-sale. ( https://tronscan.io/#/block/29760794 , https://tronscan.org/#/transaction/776b11b6222a16fe5fdc9e15e0af2234adf5c9cdb351bb2a717f5ef510c3e023 )
To date, a total of 70 million Bytedex Tokens have been sold during the private pre-sale, pre-sale, and ICO period. The ICO process will continue until 30 July. ( https://bytedex.io/ )
BYTEDEX Token, the Token of Byte Exchange, offers many earning opportunities to users.
First of all, users who stake BYTEDEX will be able to earn up to 50% of Staking income from the Exchange income, depending on the amount and time of the token they stake.
In addition, users holding Bytedex Tokens in ByteW non-custodial wallets will be able to benefit from a commission discount of up to 300% on the Byte Exchange. Bytedex token, which follows a deflationary eco-politics, offers its users a higher stable income with less volatility, like other Exchange coins and tokens. It is foreseen that 350-500M Bytedex tokens will remain in total circulation. Because the Bytedex token burning process will also be valid for tokens that are not sold after the ICO process.
Another Exchange coin, OKB, is currently $ 10.82, while a total of 282.84M OKB is in circulation in the market.

Top Ten Exchange’s Token/Coin according to Market cap.
Token/Coin
Price
Market cap
Circulating Supply

BNB
$ 305.79
$ 46.92B   
153.43M   

UNI
$ 20.69   
$ 12.15B   
587.26M   

CRO
$ 0.122275   
$ 3.09B   
25.26B   

OKB
$ 10.82   
$ 3.06B   
282.84M   

FTT
$ 27.74   
$ 2.62B   
94.35M   

LEO
$ 2.36   
$ 2.25B   
953.95M   

HT
$ 10.70   
$ 1.83B   
170.70M   

PFB
$ 0.352882   
$ 1.18B   
3.34B   

BNT
$ 3.37   
$ 753.13M   
223.48M   

GT
$ 3.38   
$ 630.69M   
186.60M   


By holding exchange tokens/coins, users have the opportunity to gain not only from the appreciation of the coins they hold but also from the exchange revenues. Moreover, the fact that a coin or token is in more wallets is also a factor in increasing the price of that coin/token.

The fact that fake tokens of the project appeared on different exchanges most likely indicates its popularity among users. Although there are a lot of scammers and you need to be very careful.

Police cars revolving light IMPORTANT NOTICE!
BYTEDEX Token is only available at http://bytedex.io and created on TRON Network. We noticed that fake tokens created on BSC and opened to swap on Pancakeswap. These tokens are fake and not related to ByteDex Project! Beware of fake Tokens! #Warning

More information at https://twitter.com/ByteExchange/status/1411083208318406656

The first investors also have increased risks, since the platform is not ready yet and there is no large community, especially with a falling market.

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Tear-off calendar Deadline 3rd July 2021 at: 21.00

More information at https://twitter.com/ByteExchange/status/1410608534518046728

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More infromation at https://twitter.com/ByteExchange/status/1410365663168901123

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More infromation at - https://twitter.com/ByteExchange/status/1410250561287565317

The very first investors have the best prices, and in the future, as the project ecosystem grows, the highest profit.

Join ByteDex! Join ICO! Be part of next Big Thing! BYTEDEX Token still 0.03$ Do not Miss!

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More information at https://twitter.com/ByteExchange/status/1409277631678324745

Cryptocurrency is developing and now hybrid exchanges have begun to appear, which are more convenient for traders and give them many opportunities for trading, making trading more profitable.

Hybrid exchanges have all the advantages of decentralized and centralized exchanges and at the same time are devoid of their disadvantages.

Byte Exchange supports #Tether #BTC #bitcoin #ElSalvador #blockchain #DeFi
We are strict to the blockchain ideology !
Join us http://bytedex.io

More information at https://twitter.com/ByteExchange/status/1408727003184996355

The most important thing is to continue to develop the exchange so that it becomes really popular and in demand, so that people use the exchange and trade turnover only grows.

Hybrid exchanges are now popular, they do not have the disadvantages of decentralized exchanges and centralized exchanges.

The emergence of hybrid exchanges provides new opportunities for the cryptocurrency market and for trading, making trading safer and more profitable.

Cryptocurrency exchanges are developing and now there are hybrid exchanges that combine the advantages of decentralized and centralized exchanges.

Byte #Exchange does not store your funds. You connect with your non-custodial #wallet and just #Trade on #Ethereum, #BSC and #Tron! Easy Secure and Robust! Join #Blockchain Vision! Visit: http://Bytedex.io
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More information is https://twitter.com/ByteExchange/status/1408065240919543808

There is less fraud on regulated exchanges and exchange users are more protected and have more opportunities to trade.

On regulated exchanges, the rights of investors and traders are more protected.

Now cryptocurrencies are becoming more regulated, and large trading volumes pass through cryptocurrency exchanges, so regulation is also important for exchanges.