Exchange coins are not some common thing that could be really challenging anyone. BNB is alone in this endeavor and that naticus or whatever is no matter right now. BNB which is the coin of the biggest exchange in the world still can't make a big move towards higher ups, what makes you think any other small exchanges small tiny irrelevant coin could.
BNB has an utility for people who trade but that is incredibly low and won't matter until the burning rate comes to a level where it is incredibly low supply and than people would rather not use the low commissions with paying a lot to bnb and would instead keep their coins in other coins. Even today when I look at my affiliates many of them rather pay the regular coin fee instead of using the BNB cheaper fee because its an hassle for someone that doesn't trade hundreds of thousands of dollars.
Topic: Exchange Coins Could Outperform Bitcoin & ETH (Read 487 times)
At this time, i think it seems to be hard for the excange coins to outperform Bitcoin and Ethereum, looking on the market cap, both coin still way too far for another coins to reach it's level, and even the market movement is still slow.
Maybe in the future if in case the said coins is being supported by many, exchange coins is good for long term investors as they can gain profits from the shared revenue but outperformed both ETH and BTC might be a long road to go before reality will happen, bitcoin and ethereum already have lots of supporters and already being used by many and known by entire industry.I think something to consider is the smaller cap of projects like Nauticus; and the fact exchanges just got the greenlight to begin Advertising. Could be a quick growth spurt if done right.
At this time, i think it seems to be hard for the excange coins to outperform Bitcoin and Ethereum, looking on the market cap, both coin still way too far for another coins to reach it's level, and even the market movement is still slow.
Maybe in the future if in case the said coins is being supported by many, exchange coins is good for long term investors as they can gain profits from the shared revenue but outperformed both ETH and BTC might be a long road to go before reality will happen, bitcoin and ethereum already have lots of supporters and already being used by many and known by entire industry. 
Nauctius, I don't like their KYC policy from the start. At least give withdrawals without kyc to until some threshold like binance.
Exchange coins are simple and effective investments. Binance operates their exchange in a way that keeps BNB poised for success. Last year Binance was able to manufacture massive gains for their coin. This year I believe Nauticus could potentially do the same for NTS. I believe the bottom is close to being in for Bitcoin. The market sentiment should switch from a bearish stance to a bullish one. If the analytical data I compiled is correct, then I believe this will allow these exchange coins to grow. We should see more institutional interest dabble into this sector & we might also see an increase in retail investments. This would allow exchange coins like NTS to excel and outperform some of the major coins on the market. If you guys don't know what Nauticus or Binance is you can check them out here.
Nauticus -https://nauticus.exchange/
Binance - https://www.binance.com/en
(There are NO referrals in these links, these are just examples of the exchange)
Nauticus -https://nauticus.exchange/
Binance - https://www.binance.com/en
(There are NO referrals in these links, these are just examples of the exchange)
I guess as the number of traders increases on binance, their coin really is going to perform as they put lesser transaction fees if you will use BNB instead of bitcoin, USDT, or Ethereum as your base currency.
At this time, i think it seems to be hard for the excange coins to outperform Bitcoin and Ethereum, looking on the market cap, both coin still way too far for another coins to reach it's level, and even the market movement is still slow.
If the market plummets today, exchange coins will also behave the same way. I see no reason why they should be better and should replace the two prominent coins we have in the crypto space.
When the market was going downtrend, i also saw BNB following suit, through reduction in price.
When the market was going downtrend, i also saw BNB following suit, through reduction in price.
I would argue that on the twelfth we will see where it will officially be and buying can then commence; but we gotta see what sentiment the current holders have.
Exchange coins are simple and effective investments. Binance operates their exchange in a way that keeps BNB poised for success. Last year Binance was able to manufacture massive gains for their coin. This year I believe Nauticus could potentially do the same for NTS. I believe the bottom is close to being in for Bitcoin. The market sentiment should switch from a bearish stance to a bullish one. If the analytical data I compiled is correct, then I believe this will allow these exchange coins to grow. We should see more institutional interest dabble into this sector & we might also see an increase in retail investments. This would allow exchange coins like NTS to excel and outperform some of the major coins on the market. If you guys don't know what Nauticus or Binance is you can check them out here.
Nauticus -https://nauticus.exchange/
Binance - https://www.binance.com/en
(There are NO referrals in these links, these are just examples of the exchange)
People were using those exchange coins to reduce the fee which means they are not going to be used for any purpose other than trading so how it can out perform the coin like bitcoin,is there any exchange have more daily voulme than bitcoins market cap.Nauticus -https://nauticus.exchange/
Binance - https://www.binance.com/en
(There are NO referrals in these links, these are just examples of the exchange)
They are using it to get discount on fees.
If the market plummets today, exchange coins will also behave the same way. I see no reason why they should be better and should replace the two prominent coins we have in the crypto space.
When the market was going downtrend, i also saw BNB following suit, through reduction in price.
When the market was going downtrend, i also saw BNB following suit, through reduction in price.
Of course, what you're not seeing is how Bitcoin is only going to go so high. Lets say 3K is the bottom, then BTC jumps to 12K in 9 months and FOMO is everywhere. You would make 4x your investment, but an exchange coin like NTS (Nauticus) or BNB (Binance), you would most likely make a lot more. BNB went from under $1 to $27. BTC didn't go from 2K to 54K. The money will multiply quicker in other investments & still follow the BTC trend. DYOR, but I think Nauticus could be a real winner. It would be like buying BNB towards the beginning. NTS may not go to $27, but if it hit $1 BTC would have to hit 100K to have the same type of returns on your investment.
If the market plummets today, exchange coins will also behave the same way. I see no reason why they should be better and should replace the two prominent coins we have in the crypto space.
When the market was going downtrend, i also saw BNB following suit, through reduction in price.
When the market was going downtrend, i also saw BNB following suit, through reduction in price.
Exchange coins are simple and effective investments. Binance operates their exchange in a way that keeps BNB poised for success. Last year Binance was able to manufacture massive gains for their coin. This year I believe Nauticus could potentially do the same for NTS. I believe the bottom is close to being in for Bitcoin. The market sentiment should switch from a bearish stance to a bullish one. If the analytical data I compiled is correct, then I believe this will allow these exchange coins to grow. We should see more institutional interest dabble into this sector & we might also see an increase in retail investments. This would allow exchange coins like NTS to excel and outperform some of the major coins on the market. If you guys don't know what Nauticus or Binance is you can check them out here.
Nauticus -https://nauticus.exchange/
Binance - https://www.binance.com/en
(There are NO referrals in these links, these are just examples of the exchange)
What is the peculiarity of Nauticus ? Is it just an exchange or is there something special about it ? If it's just exchange then why compare it with Binance ? Does the exchange have a token ?)Nauticus -https://nauticus.exchange/
Binance - https://www.binance.com/en
(There are NO referrals in these links, these are just examples of the exchange)
Thanks for the reply )
I do not think so, they never outperform BTC or ETH or top ranked coins. Except Binance, I did not even any coin that shown some potential.
It depends on the exchange that will have the coins and how will they manage to use the coins.
I know one which is EZBITEX that will open soon and they have their BITEX token which will be XBX that can be use in many ways.
They are very popular in JAPAN also, i think this one will survive and will have a good value.
I know one which is EZBITEX that will open soon and they have their BITEX token which will be XBX that can be use in many ways.
They are very popular in JAPAN also, i think this one will survive and will have a good value.
I have no doubts that some altcoin would overcome these two giants of our industry. The only question is when it is going to happen, because it does not seem that the market is ready to face the change and a lot of people are still investing in Bitcoin.
We compiled a list of exchange-based tokens here https://www.coingecko.com/en?category_id=39&view=market
They are certainly interesting in the perspective of an exchange. We have seen exchanges using it as a discount model, community voting, incentivize transactions, dividends, etc etc
There are its potential absolutely, but its valuation may be dependent on the performance of the exchange which is also directly tied to the market sentiment
They are certainly interesting in the perspective of an exchange. We have seen exchanges using it as a discount model, community voting, incentivize transactions, dividends, etc etc
There are its potential absolutely, but its valuation may be dependent on the performance of the exchange which is also directly tied to the market sentiment
Wow good list I expect the one I'm promoting right now Adab to be one of the top exchange in the market that just comes out of the ICO, exchanged based ICO are the one preferred by investors because they already had a models to follow, there are at least 5 to 7 exchanged based ICO right now, I don't know if this is good for the market.
That's the exact reason as to why I support the Nauticus project
I think the timing of the launch is perfect with how the market is heading. We might get some more downside, but I think it will be followed by substantial gains to the upside! 
We compiled a list of exchange-based tokens here https://www.coingecko.com/en?category_id=39&view=market
They are certainly interesting in the perspective of an exchange. We have seen exchanges using it as a discount model, community voting, incentivize transactions, dividends, etc etc
There are its potential absolutely, but its valuation may be dependent on the performance of the exchange which is also directly tied to the market sentiment
They are certainly interesting in the perspective of an exchange. We have seen exchanges using it as a discount model, community voting, incentivize transactions, dividends, etc etc
There are its potential absolutely, but its valuation may be dependent on the performance of the exchange which is also directly tied to the market sentiment
Wow good list I expect the one I'm promoting right now Adab to be one of the top exchange in the market that just comes out of the ICO, exchanged based ICO are the one preferred by investors because they already had a models to follow, there are at least 5 to 7 exchanged based ICO right now, I don't know if this is good for the market.
We compiled a list of exchange-based tokens here https://www.coingecko.com/en?category_id=39&view=market
They are certainly interesting in the perspective of an exchange. We have seen exchanges using it as a discount model, community voting, incentivize transactions, dividends, etc etc
There are its potential absolutely, but its valuation may be dependent on the performance of the exchange which is also directly tied to the market sentiment
They are certainly interesting in the perspective of an exchange. We have seen exchanges using it as a discount model, community voting, incentivize transactions, dividends, etc etc
There are its potential absolutely, but its valuation may be dependent on the performance of the exchange which is also directly tied to the market sentiment
Coins of Nauticus will be able to enjoy great success if there is good demand on the exchange, and there is demand if the exchange introduces something new!
I completely agree! I think it's something that can grow with time. The Nauticus coin along with BNB will both have success that correlates with overall market demand for crypto. I think we are very close to the bottom (potentially already hit the bottom) and if Bitcoin slowly picks up steam, I think we will see coins like NTS and BNB grow.
I also love exchange coins they are backed by real working and used solution. Also in many cases these tokens give some profit for holding.
Exchange coins are simple and effective investments. Binance operates their exchange in a way that keeps BNB poised for success. Last year Binance was able to manufacture massive gains for their coin. This year I believe Nauticus could potentially do the same for NTS. I believe the bottom is close to being in for Bitcoin. The market sentiment should switch from a bearish stance to a bullish one. If the analytical data I compiled is correct, then I believe this will allow these exchange coins to grow. We should see more institutional interest dabble into this sector & we might also see an increase in retail investments. This would allow exchange coins like NTS to excel and outperform some of the major coins on the market. If you guys don't know what Nauticus or Binance is you can check them out here.
Nauticus -https://nauticus.exchange/
Binance - https://www.binance.com/en
(There are NO referrals in these links, these are just examples of the exchange)
People were using those exchange coins to reduce the fee which means they are not going to be used for any purpose other than trading so how it can out perform the coin like bitcoin,is there any exchange have more daily voulme than bitcoins market cap. Nauticus -https://nauticus.exchange/
Binance - https://www.binance.com/en
(There are NO referrals in these links, these are just examples of the exchange)
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