Best trading platform with it's own token ? - page 3.

bitgolden

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Quote from: Wysi on October 30, 2019, 03:15:48 PM

At present there are numerous trading platform with good volume like Binance, Bitfinex, Kraken, KUcoin, Bittrex, etc and these are well know trading platform as well but can I get your help to identify a new trading platform with it's own token which might become a valuable token in the future just like BNB ? I want to experiment by investing into a exchange token when it's value is less as it might give a good amount profit. I am sure those who invested into BNB at it's early stage got my point.

I don’t think that you need to be directing your research towards that area so that you will not end up into the arms of some of these scam exchanges that promises to have a token but when you buy the token, they will only end up being a pump and dump token without any volume on the exchange to keep its value high.

Binance that even have several products that should be making the value high is still struggling with their own token to rise more than what value it has not, not to talk of those unknown exchanges that you are looking for, because the reason why I called it unknown is because you have listed majority of the top and wonderful coin exchanges that we have so far, and anyone looking for exchanges that is better than this is really looking for what will destroy him or her.

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Quote from: desticy on October 31, 2019, 11:57:38 AM

Try https://www.bcnex.net. A new platform that was recently launched.
They have their own token. They made a very competent decision on the distribution of coins from drops and bounties, the price does not fall at all.
Also, the TRON coin was listed on the exchange and Justin Sun himself tweeted about the bcnex exchange. I think it has potentia

The fact that it looks promising and has potential doesn't make it to be on top of the list. Talking about the TRX listing, it's normal. Even if a relatively small exchange lists TRX, TronBlockchain and Justin Sun would still announce the listing. So Justin Sun's announcement doesn't say much about bcnex exchange. A more better choice would have been the BNB - Binance option. It's one of the best cryptocurrency exchange worldwide at the moment. Despite the fact that they recently closed their doors to US users, They're are still of the game.

Reid

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Quote from: Wysi on October 30, 2019, 03:15:48 PM

At present there are numerous trading platform with good volume like Binance, Bitfinex, Kraken, KUcoin, Bittrex, etc and these are well know trading platform as well but can I get your help to identify a new trading platform with it's own token which might become a valuable token in the future just like BNB ? I want to experiment by investing into a exchange token when it's value is less as it might give a good amount profit. I am sure those who invested into BNB at it's early stage got my point.

Those are big names already that you had mentioned.
Let us say we are the owners of the new exchange with a coin support. It will be difficult to bring down this guys or let investors go to your side.
They have already made a good start and being just a copy of it will have a lot of questions to be answered.
Now, there is a marketing strategy, if somehow we (as the new exchange) can come up with a good hype then it might click.
But then again, just one error and everything could fall in an instant and they will be back with those strong names.

desticy

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Try https://www.bcnex.net. A new platform that was recently launched.
They have their own token. They made a very competent decision on the distribution of coins from drops and bounties, the price does not fall at all.
Also, the TRON coin was listed on the exchange and Justin Sun himself tweeted about the bcnex exchange. I think it has potentia

adroitful_one

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Quote from: CarnagexD on October 31, 2019, 05:54:25 AM

The only cryptocurrency exchange that I have know who have their own token is binance exchange. I do not have any idea on some cryptocurrency exchange that have their own token because I usually use the binance exchange and we all know that binance are one of the reputable cryptocurrency exchange and aside from that they have good token that has good value in the market. I know some of the member here have binace account and some of them are also bnb holder. Lastly for me, binance exchange is best cryptocurrency exchange that have their own token.

Quite a few of them have their own tokens. Bleutrade back when it was popular a few years ago had their own token that paid you out a percentage of the profits on all of the coins that were traded. You would just leave your tokens in your account and it was basically like a faucet for 100's of coins. Was actually pretty cool. I think Novaexchange had their own token also.

o48o

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Quote from: Wysi on October 30, 2019, 03:15:48 PM

At present there are numerous trading platform with good volume like Binance, Bitfinex, Kraken, KUcoin, Bittrex, etc and these are well know trading platform as well but can I get your help to identify a new trading platform with it's own token which might become a valuable token in the future just like BNB ? I want to experiment by investing into a exchange token when it's value is less as it might give a good amount profit. I am sure those who invested into BNB at it's early stage got my point.

Other then bnb, KCS. If The Kucoin steps up their level of customer service, they could be huge. It's the only exchange i know that pays dividends for holding KCS with the traded coins on the exchange. While it's not paying much, those coins could be gems some day and it's just fund to hold possible future gems automatically without the effort of investing into them. They should have an option to sell the dust for more kcs though...

Willitivity

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The success of BNB was a reflection of how successful binance has been as an exchange. Binance seems to be the best exchange as it stands now, enriched with so many features and functions. With the introduction of binance launchpad, BNB became a hot stuff. For any exchange's token to be that good, the exchange itself needs to be very successful.
Okex and Kucoin have their tokens and it's worth looking at.

CarnagexD

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The only cryptocurrency exchange that I have know who have their own token is binance exchange. I do not have any idea on some cryptocurrency exchange that have their own token because I usually use the binance exchange and we all know that binance are one of the reputable cryptocurrency exchange and aside from that they have good token that has good value in the market. I know some of the member here have binace account and some of them are also bnb holder. Lastly for me, binance exchange is best cryptocurrency exchange that have their own token.

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Quote from: Wysi on October 30, 2019, 03:15:48 PM

At present there are numerous trading platform with good volume like Binance, Bitfinex, Kraken, KUcoin, Bittrex, etc and these are well know trading platform as well but can I get your help to identify a new trading platform with it's own token which might become a valuable token in the future just like BNB ? I want to experiment by investing into a exchange token when it's value is less as it might give a good amount profit. I am sure those who invested into BNB at it's early stage got my point.

Yes, I also intend to invest in coin exchanges now. It is quite practical and reasonable in the bear market context.
I think to invest in the coin exchanges that have high profits, then we need to look to the less well-known exchanges.
Such as MXC, LATOKEN, Digitex exchanges ...
I just found them because I think the exchange team is really active in developing the platform.

Shasha80

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Actually many exchanges with it's own tokens like binance. But not all exchanges that have their own tokens are good for investment,
if Binance can be successful because before issuing tokens it is already popular first. Then it doesn't take long for BNB to become a
successful coin. Because it is not easy for exchanges with it's own tokens to have good potential tokens, many factors affect it. I myself
have tried investing in Binance (BNB), Huobi (HT), Kucoin (KCS) and OKEx (OKB). And maybe I'm the lucky one from the coins I got
The profit is huge, especially BNB, including my most successful investment projects.

bassbity

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I think Kucoin (KCS) Huobi (HT) is good for your investment experiments, it is a well-known exchange and its own top ranking token at Coinmarketcap, I am sure it is good for you and very valuable in the future with the amount of volume big.

tenakha

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Quote from: Wysi on October 30, 2019, 03:15:48 PM

At present there are numerous trading platform with good volume like Binance, Bitfinex, Kraken, KUcoin, Bittrex, etc and these are well know trading platform as well but can I get your help to identify a new trading platform with it's own token which might become a valuable token in the future just like BNB ? I want to experiment by investing into a exchange token when it's value is less as it might give a good amount profit. I am sure those who invested into BNB at it's early stage got my point.

I know a coin that appropirate your formula: Bgogo. If you are interested, you can find out more at this link: https://medium.com/@Grills/my-first-medium-review-bgogo-cf83aceb038f
I have been using this name a lot lately, but I believe it can be a success in the future. Everyone is complaining about the big trading fee lately, however Bgogo pays you as you trade.

AGroose

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The best trading platform is a Binance certainly. And it token BNB grew more than 400% since January 2019. In the second place are Huobi and HT.

Renampun

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Quote from: Wysi on October 30, 2019, 03:15:48 PM

I want to experiment by investing into a exchange token when it's value is less as it might give a good amount profit. I am sure those who invested into BNB at it's early stage got my point.

now there are many exchanges that have their own coins which are very promising in the future IMO, among them are;
Huobi (HT), Bibox (BIX), Kucoin (KCS) and Fcoin (FT)
You can choose to invest in one or all of the coins that circulate on these exchanges.
Good luck Wink

riso2015

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Well, I'm found a trading platform and they also have their potential token in the future, Beaxy Exchange. Yeah Beaxy Exchange is one of the new exchanges which is more practical and easier to use. Their token, BXY, is also very good, currently the price is low and I'm sure in the future the price will increase. Maybe you can check it.

Wysi

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Quote from: joniboini on October 31, 2019, 01:16:53 AM

There are too many similar products at the market. I doubt you'll find a good gain unless there's a crazy fomo like late 2017. If I were you, better stick with BNB only. Unless you have a million dollars that you can spend for anything. Another strategy is to buy all of the tokens and put a stop loss around 50% mark, but remember, that will put you in a dangerous situation if things went wrong with BTC.

I'm not an aggressive crypto investor, so I'd instead use DeFi to get more bitcoin.

I appreciate your response and looking at the overall response of other users as well I don't think there is any exchange token to compete with BNB and it will be better sticking to BNB instead of trying out something different and losing money. But I think there might be some exchange which will be similar to BNB in the future but nothing as of now.

joniboini

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There are too many similar products at the market. I doubt you'll find a good gain unless there's a crazy fomo like late 2017. If I were you, better stick with BNB only. Unless you have a million dollars that you can spend for anything. Another strategy is to buy all of the tokens and put a stop loss around 50% mark, but remember, that will put you in a dangerous situation if things went wrong with BTC.

I'm not an aggressive crypto investor, so I'd instead use DeFi to get more bitcoin.

Suslived

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Quote from: Wysi on October 30, 2019, 03:15:48 PM

At present there are numerous trading platform with good volume like Binance, Bitfinex, Kraken, KUcoin, Bittrex, etc and these are well know trading platform as well but can I get your help to identify a new trading platform with it's own token which might become a valuable token in the future just like BNB ? I want to experiment by investing into a exchange token when it's value is less as it might give a good amount profit. I am sure those who invested into BNB at it's early stage got my point.

I'd go for either BNB or KCS (kucoin shares). I suggest BNB first of all because it is one of the most well known trading platform tokens and because Binance has the most volume in terms of crypto exchanges.

On the other hand, I'm also recommending KCS because it also acts like a staking token which trickles in a small amount of "trading commission" for all trades done on the Kucoin platform.

iamsange

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Quote from: mk4 on October 30, 2019, 10:01:17 PM

Just a tip: When Binance created their BNB token, Binance was already fairly known and big at that time; whereas most other exchanges, they already have their own exchange tokens pretty much since the exchange was created. So in my opinion, it's very likely that most(95%) of these exchange tokens won't be worth that much in the long term. Not saying that you can't make big profit, but it's surely a big gamble.

I've made a huge mistake investing in an exchange token in the past due to the incentives, but the exchange didn't manage to get any traction. So take that in mind- that exchanges are a pretty highly competitive niche right now that it's going to be difficult to dethrone the top exchanges right now.

If what you mean about token that make exchange from ICO, i think it is yes. Not much exchange projects that success because they only rely to maintain their site with ICO money, and the site itself not much users who trade in there. I think the main problem is in financial sector which make them can't developed their site more. But not resist that people will use site that already have reputation.

mk4

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Just a tip: When Binance created their BNB token, Binance was already fairly known and big at that time; whereas most other exchanges, they already have their own exchange tokens pretty much since the exchange was created. So in my opinion, it's very likely that most(95%) of these exchange tokens won't be worth that much in the long term. Not saying that you can't make big profit, but it's surely a big gamble.

I've made a huge mistake investing in an exchange token in the past due to the incentives, but the exchange didn't manage to get any traction. So take that in mind- that exchanges are a pretty highly competitive niche right now that it's going to be difficult to dethrone the top exchanges right now.

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