Topic: Exchange tokens (Read 645 times)
Exchange tokens that doing great at Binance exchange because of Binance's reputation. There are many bad exchange tokens out there and a few good exchange tokens can't speak for the rest.
for new exchanges I haven't seen the potential because it looks like new exchanges are currently only focused on looking for profit for a moment but there are some that might look good for example zipmex it's just that their focus is currently only on consumers in Asia.
Yeah, many new exchanges are launched from previous year to until now, all of shit development projects. A lot of new centralized exchanges are low liquidity, it’s very much true they're just focused to create profit. Currently in these year i saw KOINPRO exchange platform it’s looks huge potential. I depend for two reasons it's leverage trading and practice account. Right now new centralized exchanges are unfaithfully.
Today, our analysis, cryptoeconomics will gain momentum, the current situation has a double effect on cryptocurrency, on the one hand people think how to save, on the other, everyone wants to make money, and the world is changing every day
Exchange tokens are more trusted both not all exchange so I would advice we check CMC for exchanges and top ones as they protects thier tokens and ensure it moons together with BTC and also moon hence other coins are mooning. Exchange tokens is what gives exchanges respect and builds more trust do they don't joke with it.
As long as the exchange is up and running, somehow those exchange tokens will be of value on their own exchange. However, once that exchange is shut down, the corresponding exchange token will also die down. So be careful when choosing an exchange token. Better choose an exchange token, which is hard to be bankrupt or closed, and maybe, BNB is one of these good ones.
Who would have thought that exchange tokens can be huge as they are today? Back in 2017 I never thought that exchange can use token on their platform and make it very valuable, look at binance exchange and Okex exchange, very profitable they are today for every early adopters, any ways that's that, how about now? What exchange do you think will be huge in near future?
Binance coin is becoming more success, only Binance has different service or product. Okex and huobi exchange also doing good. Before Binance dex, this coin price was dump as usual others coin. Without high volume exchange, exchange coin is worthless. Who would have thought that exchange tokens can be huge as they are today? Back in 2017 I never thought that exchange can use token on their platform and make it very valuable, look at binance exchange and Okex exchange, very profitable they are today for every early adopters, any ways that's that, how about now? What exchange do you think will be huge in near future?
Binance coin is becoming more success, only Binance has different service or product. Okex and huobi exchange also doing good. Before Binance dex, this coin price was dump as usual others coin. Without high volume exchange, exchange coin is worthless. I think exchange coin price can be control by own exchange.
It's all about designing good token economics regarding the use of the coin on the exchange platform. Binance has done very well and that is the reason why it has made the coin grow so rapidly. At the moment one of the upcoming exchange whose token i would entreat y'all to get your hands on is AAB by AAX exchange.
Exchange tokens are more trusted both not all exchange so I would advice we check CMC for exchanges and top ones as they protects thier tokens and ensure it moons together with BTC and also moon hence other coins are mooning. Exchange tokens is what gives exchanges respect and builds more trust do they don't joke with it.
Who would have thought that exchange tokens can be huge as they are today? Back in 2017 I never thought that exchange can use token on their platform and make it very valuable, look at binance exchange and Okex exchange, very profitable they are today for every early adopters, any ways that's that, how about now? What exchange do you think will be huge in near future?
In 2017 that idea is unique and they got a reason why people have to use this just to get further discounts on their trading fee but if you think that new exchange's token will also get into the same level then you are wrong, the chances of happening is very less though since the hype ends for exchange's token.If you want profits then look for something unique now and it can be anything but it will be associated with high risks as well.
for new exchanges I haven't seen the potential because it looks like new exchanges are currently only focused on looking for profit for a moment but there are some that might look good for example zipmex it's just that their focus is currently only on consumers in Asia.
Take a look at coinmetro exchnage, give it few years from now if they keep up with what they currently have, it will be as huge as other exchnage tokens as well. Coinmetro has an improved regulatory system than what other exchnage does.
No single new exchange is working perfectly right now, you are better off with old top exchanges now, and remember how hard it is to raise funds today? New exchanges need lots of money to get running and nobody cares about exchanges that much
Exchange token like BNB Kucoin, Okex are most valuable and widely traded in those exchange as these exchanges give some good incentive to holders like less fee, staking, daily profit sharing. So I prefer those token.
usually for exchange coins have more value in terms of benefits for holders. some traders may not pay attention to this, but some exchanges provide lower trading costs when there are coins in the exchange wallet. many features such as participating in IEO or others. 
Later, I thought BCNEX will do better but they are already likely scam!
Currently, BCNEX is facing a lot of trouble, many investors complain about BCNEX's cash withdrawal system.A friend of mine said that he had to wait all day to withdraw his money, as if the wallet of BCNEX was exhausted. Support couldn't say anything other than make him wait.
Exchanges in cryptocurrency is very important, many peoples need it to trade their coins and tokens and that makes the exchange profitable.
But we must very careful before using any new exchange because they can faking their trading volumes to attract more users.
Don't store too much coins on exchange wallet, just use exchange when you want to trade.
But we must very careful before using any new exchange because they can faking their trading volumes to attract more users.
Don't store too much coins on exchange wallet, just use exchange when you want to trade.
No one is downplaying the importance of cryptocurrency exchanges. I would have included them in my portfolio as well, if they were fairly priced. At this point of time at least, I would argue that they are being priced much above the fair valuation levels. Binance coin (BNB) is having a market cap of around $2.1 billion. It is still digestible. But what about the smaller exchanges, such as KuCoin whose exchange token is having a market cap of close to $100 million? IMO, these tokens are overpriced.
Exchange token like BNB Kucoin, Okex are most valuable and widely traded in those exchange as these exchanges give some good incentive to holders like less fee, staking, daily profit sharing. So I prefer those token.
Exchanges in cryptocurrency is very important, many peoples need it to trade their coins and tokens and that makes the exchange profitable.
But we must very careful before using any new exchange because they can faking their trading volumes to attract more users.
Don't store too much coins on exchange wallet, just use exchange when you want to trade.
But we must very careful before using any new exchange because they can faking their trading volumes to attract more users.
Don't store too much coins on exchange wallet, just use exchange when you want to trade.
I don't think if there is another exchange tokens that can be like binance coin. Only binance coin that I know has a potential in the future and it can increase for more up to $100, just hold binance coin for long.
Frankly speaking not all exchange tokens progress all depends on the team effort towards the project as some exchanges are after token listing and some after helping other coins not even theres but good exchange tokens progress because the sees it as their native tokens and needed to progress. Grab exchange tokens from good exchange and not anyhow exchange to avoid had I know.
I think hackers are always a big thread for the big crypto currency exchanges. If the hackers can conquer the network of a exchange, it will have a very big images damage, a drop of the exchange coin or token and a lot of money will also be lost. In the worst case a exchage have to close their business. So i think it can be ver profitable to invest in such a coin, but it also has a very high risk to invest in that. A other big thing is not only the price, also a use should be connected to that, like daily dividends.
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