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Topic: Exchange tokens - page 5. (Read 678 times)

legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
March 30, 2020, 07:27:28 PM
#25
I am not sure that the new exchanges will be very popular. Because most of them are shit. People use mostly trusted exchanges, so newcomers need to try very hard to gain the trust of users.
If the new exchange site has already shown the real volume without try to do any manipulation and I think everyone will be easy to trust it and the reputation of the team is also matter a lot in this case.
The fact that if the new exchange site is still getting a lot of demand but there was so many scam exchange site.
full member
Activity: 573
Merit: 102
March 30, 2020, 06:55:18 PM
#24
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?

To be honest now, with the current situation of the cryptocurrency market and the entire blockchain industry still striving for world adoption, i think exchange platform are the only projects that can genuinely drive in utilities for their token as people use these platforms everyday.  However, the tendency of an exchange token being successful solely depends on how prominent the exchange itself is and that's why the coins belonging to only the top exchanges are doing very well.
member
Activity: 632
Merit: 60
March 30, 2020, 06:39:34 PM
#23
I am not sure that the new exchanges will be very popular. Because most of them are shit. People use mostly trusted exchanges, so newcomers need to try very hard to gain the trust of users.
member
Activity: 168
Merit: 11
March 30, 2020, 06:15:50 PM
#22
It is a really difficult question, i think the good ones are not cheap anymore and a lot of these new exchanges are bad in case of reputation, security, volume or design. I think there can be some in the future, but i don´t see a good one at the moment. The only one with a little bit potential is nex in my opinion, but the time will tell. There is still plenty of room for a new and exciting exchange for sure.
full member
Activity: 896
Merit: 108
March 30, 2020, 05:22:58 PM
#21
This is because the trends in the crypto world are always changing, I did not think that coin exchange would be as valuable as it is now. The current popular trend is the IEO, so this is an opportunity for the exchange to maximize the utility of its coins or token exchanges to be used by investors to join the IEO, an effective way. So that this will increase demand which will automatically raise prices.
full member
Activity: 954
Merit: 104
ludenaprotocol.io
March 30, 2020, 05:09:20 PM
#20
Maybe, I do not understand the question correctly. But now it is pretty hard to list new token on famous exchanges due to high demand, every project would like to be listed on Binance, but they siply can´t list everything due to remain the quality of service what they provide.
full member
Activity: 812
Merit: 114
March 30, 2020, 04:12:34 PM
#19
I heard alot about EZ365 even before they started the bounty campaign, that's why I promoted the project, the team really want to take the exchange higher and it's not just about promises, they have reputations to protect

It's another exchange that had good hype but day by day they are going out of the track! Mate, don't fall in any project that has some big events, I can show you a lot of projects those have high and big events meetup, interviews on TVs, yet they are scam now! EZ365 telegram group has 95% fake member, no response from CEO for a long time, no major update for the platform, no bounty payment. I hope they will cover it very soon, at least one exchange should grow like the Binance, Kucoin. Right now we have a lot of crypto exchange but we are now lacking good exchanges!
full member
Activity: 812
Merit: 114
March 30, 2020, 03:40:44 PM
#18
I don't see any new exchange that can be big fish in the future. I had a strong faith in tradeio exchange and thought it will be something like the Binance, but I was wrong, the team is very unprofessional, so the exchange is now in hibernation mode! Later, I thought BCNEX will do better but they are already likely scam! People are talking about EZ365 exchange, but personally, I think they talk too much but no real output! So, I have no faith on any exchange that can grow like Binance, Kucoin or Okex! But Gateio coin price will be huge like the KCS, OKB in the next bull run!
member
Activity: 1540
Merit: 68
March 30, 2020, 03:40:21 PM
#17
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?

I do not think profits from exchange token is all about early adopters as we all assume it to be, why do i say so ?

Way back 2016/2017, investors came into crypto currency to prepare for the future, and doing that, discovered rare gems, in which binance token and okex token were one of the few survivors today.

In the near future, i strongly believe that hydax token will do well, and atleast be closer to binance and okex than other exchanges.
copper member
Activity: 966
Merit: 14
March 30, 2020, 02:51:49 PM
#16
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?

That's the truth and funny enough those two exchanges are the best so far. On a more better note, the team of those exchanges put in their best towards ensuring they build a good exchange and we have seen the result. On the other hand, most exchanges nowadays are not ready to improve hence they keep lagging behind. Therefore, as it stands, I no do think there will be any exchange which will beat Binance; the exchange now supports more fiat currencies hence crypto is now easily accessible, the exchange also contributes to the betterment of humanity and so on. Okex is good but do not have what it takes to beat Binance.
legendary
Activity: 2982
Merit: 1069
March 30, 2020, 01:24:28 PM
#15
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?

That was a surprise indeed. Just after joining binance, I bought some BNB just to make my fees lesser. Bought 10 BNBs at below $1 and used up about 1 on trading and sold the rest at $11. The coin has seen many highs and lows after that but that was a good profit.
Bought another exchange token called CET with huge expectations but it was a huge loss. PROB is another token that's doing better in my portfolio.
sr. member
Activity: 1092
Merit: 284
March 30, 2020, 12:43:15 PM
#14
I have thought how big they will be in the future but it's just bad that I've invested in the wrong exchange token. They will remain as big as they are but if they stop developing and can't cope up with the competition with other exchanges, they will be left by their competitors.
As long as they are good in dividends sharing if not, the benefits that it brings to its holder will remain as a good coin to invest and will be preferred by investors that like this type of coin.

Well of course as long as their exchanges continue to compete at the top, their tokens will also continue to stay on top because with good development will produce good prices BNB examples that continue to increase because their exchanges continue to increase every year so there is no doubt to hold for a long time.

I am not sure anymore about the new exchange 2019-2020.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
March 30, 2020, 12:07:13 PM
#13
I have thought how big they will be in the future but it's just bad that I've invested in the wrong exchange token. They will remain as big as they are but if they stop developing and can't cope up with the competition with other exchanges, they will be left by their competitors.
As long as they are good in dividends sharing if not, the benefits that it brings to its holder will remain as a good coin to invest and will be preferred by investors that like this type of coin.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
March 30, 2020, 12:06:25 PM
#12
Okex shows itself very well. perhaps if they will make a lot of updates and enter into new partnerships and do everything as much as possible for users, then they will have a chance to become better than Binance. their token can be very expensive in the future
member
Activity: 462
Merit: 19
March 30, 2020, 12:00:06 PM
#11
I heard alot about EZ365 even before they started the bounty campaign, that's why I promoted the project, the team really want to take the exchange higher and it's not just about promises, they have reputations to protect
member
Activity: 378
Merit: 15
March 30, 2020, 11:55:06 AM
#10
Not many exchange tokens are really a game changer as most are just a death  trap waiting for customers to help lead them to their early grave. Just look at Catex, they keep giving dividend yet their token is synonymous with scam, trade volume is shitty, Coinex made me think twice before ever gaming on new exchange.
The point is do not look at new exchanges to buy exchange tokens. I am not sure their tokens will be as valuable as other large exchanges. Another example of large exchanges is BNB, HT, KCS, OKEX. This exchange token is the most successful.

I am not sure that a new exchange token will be like the first exchange.
Every so called large exchanges are once a small exchange, they start with many challenges and they conquer, it's not really easy to take an exchange to high level, it's harder than mere new crypto projects
sr. member
Activity: 2268
Merit: 275
March 30, 2020, 11:44:20 AM
#9
Not many exchange tokens are really a game changer as most are just a death  trap waiting for customers to help lead them to their early grave. Just look at Catex, they keep giving dividend yet their token is synonymous with scam, trade volume is shitty, Coinex made me think twice before ever gaming on new exchange.
The point is do not look at new exchanges to buy exchange tokens. I am not sure their tokens will be as valuable as other large exchanges. Another example of large exchanges is BNB, HT, KCS, OKEX. This exchange token is the most successful.

I am not sure that a new exchange token will be like the first exchange.
member
Activity: 406
Merit: 14
March 30, 2020, 11:35:17 AM
#8
Many new exchanges have bad reviews in crypto space and their names goes on and on, ChainX for example, only few people have something good to say about this exchange, see what others like idax, p2pb2b, exmarket, sistemkoin have done to crypto space
copper member
Activity: 448
Merit: 3
March 30, 2020, 11:14:19 AM
#7
Not many exchange tokens are really a game changer as most are just a death  trap waiting for customers to help lead them to their early grave. Just look at Catex, they keep giving dividend yet their token is synonymous with scam, trade volume is shitty, Coinex made me think twice before ever gaming on new exchange.
member
Activity: 574
Merit: 24
March 30, 2020, 11:14:10 AM
#6
The only exchange that I'm positive about since 2018 now is EZ365, the team are very serious and transparent, no shady business and all tough questions are answered on their telegram channel, I also heard that the team are well funded, especially the CEO himself
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