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Topic: How are your exchange tokens performing at the moment? (Read 645 times)

hero member
Activity: 3080
Merit: 603
I am still holding a handful of it and I am not yet impressed because it's not yet back to its former ATH. I am only waiting for it to reach the ATH and then I am ready to dump as soon as possible since it's ready to be dumped.

The exchange tokens should not be considered in regards of making huge profits from investing in them. Those tokens are kept as gas fees in the exchange and the project team pays less attention to the token, all they want to care for is building their exchanges into a great empire so why consider them the best option for investment. At any point they can get more value but not in a bigger ratio that you expect and that alone could be a time waste, in which you should have invested the money mostly into Bitcoin and some other Altcoins that would give better return of profit.
Not underestimating their worth, keeping Bitcoin aside for now they have more risk control than any other altcoins as it will be difficult for them to rug their token, as long as the exchange remains so your token remains and that becomes one best attribute they have over others.
Why not? I get the point about the gas fees and whatsoever but there's real money on these exchanges as you can see, many of them are in the top 100 and that's why people are thinking of them as good assets. Well, I won't give a name but I hold a few of them and I am only waiting for the right timing to sell it.
sr. member
Activity: 2618
Merit: 439

Exchanges tokens era ended i think, I was own several exchanges native tokens and most of them hit all time high as like i got decent profit from BNB,KCS & UNI but i don’t think those tokens can break new ATH in the next bull run, because so many new exchanges entered in the market and they launched their own tokens, so oldest tokens demand are decreasing because investors are looking into in new projects, i was holding some BNB but after SEC issue i sold all.

just when everything is so calm and silence is eerie, that's when they will pump the price. BNB will wakeup soon.

i am still holding a dex token though its price is just $0.02. i honestly think the exchange will die but it seems to have been alive still and the dev just updated their app. lol
i want to poke their eyes to wake up and do something if they are not active yet because the majority of the tokens are already up greener.


you have choose  a great journey then , having Dex token that almost die or you expect to be dying yet now there is an update and the Dev are making their APP good again?     
better to poke their eyes lol because sometimes they are just closing their eyes  for some reason but now that there is a coming bull run ? maybe they are taking the advantage  Grin
And regarding to binance , do the coin really have a good future after all what had happened ? well i was expecting this to dumped but staying strong while the issues stil growing from other countries after US.
sr. member
Activity: 224
Merit: 195
The exchange tokens should not be considered in regards of making huge profits from investing in them. Those tokens are kept as gas fees in the exchange and the project team pays less attention to the token, all they want to care for is building their exchanges into a great empire so why consider them the best option for investment. At any point they can get more value but not in a bigger ratio that you expect and that alone could be a time waste, in which you should have invested the money mostly into Bitcoin and some other Altcoins that would give better return of profit.
Not underestimating their worth, keeping Bitcoin aside for now they have more risk control than any other altcoins as it will be difficult for them to rug their token, as long as the exchange remains so your token remains and that becomes one best attribute they have over others.
legendary
Activity: 3052
Merit: 1188
Exchanges tokens era ended i think, I was own several exchanges native tokens and most of them hit all time high as like i got decent profit from BNB,KCS & UNI but i don’t think those tokens can break new ATH in the next bull run, because so many new exchanges entered in the market and they launched their own tokens, so oldest tokens demand are decreasing because investors are looking into in new projects, i was holding some BNB but after SEC issue i sold all.
the market is very unpredictable and exchange tokens can give good X's. Tokens of large exchanges bring profit over the long term, they are not so profitable. I think the biggest plus is that such tokens can participate in various reward programs, which is also an advantage of owning them.
I think that's the most important part, we are talking about something that would be a good amount of profitable in the end and should be something that will be decent with the rewards. I get that it does feel like we are going to end up with something that should be grateful to people who keep it long term. I get that we are not going to get to a point where things like BNB do end up with something that is greater with many years down the line.

I remember when it first started up, it did ended up being higher and higher and got a lot of return without a doubt. I get that it is going to end up being a little confusing at start because we are talking about a bigger return water only a big time, but it will eventually get there.
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
Exchanges tokens era ended i think, I was own several exchanges native tokens and most of them hit all time high as like i got decent profit from BNB,KCS & UNI but i don’t think those tokens can break new ATH in the next bull run, because so many new exchanges entered in the market and they launched their own tokens, so oldest tokens demand are decreasing because investors are looking into in new projects, i was holding some BNB but after SEC issue i sold all.
It's still continue. It will never end. Exchange token's performance based on the performance from the exchange site itself. I have been investing on kucoin token when it was at the bottom at the middle of this year and it's going to the moon along with all of tokens in the exchange sites. As long as the exchange site has its platform alive and it will help the token to regain its value again. I hope that everything will be going to the moon. Im in really nice profit right now. I don't even need to mention other token.
Despite not being pumped significantly, almost all of the exchange tokens have been performing quite well up until this point, which is not a problem at all.
Look at some people who have been commenting above you. KCS is the best token. KCS stood out with its impressive performance, unlike the other tokens. KCS is having lots of benefit for its users.
legendary
Activity: 2268
Merit: 1655
To the Moon
...Regarding CEX exchanges, I think I only held KCS many moons ago I dunno how I got it, but I sold it.

Among all the exchange tokens, KCS from the KuCoin exchange looks the most attractive, the price of which has increased by 200% over the past 3 months and brought its investors a good profit. And the biggest disappointment over the same period was the BNB coin from Binance, the price of which increased by only 15% over the same period.
hero member
Activity: 2632
Merit: 649
DGbet.fun - Crypto Sportsbook
Exchanges tokens era ended i think, I was own several exchanges native tokens and most of them hit all time high as like i got decent profit from BNB,KCS & UNI but i don’t think those tokens can break new ATH in the next bull run, because so many new exchanges entered in the market and they launched their own tokens, so oldest tokens demand are decreasing because investors are looking into in new projects, i was holding some BNB but after SEC issue i sold all.
the market is very unpredictable and exchange tokens can give good X's. Tokens of large exchanges bring profit over the long term, they are not so profitable. I think the biggest plus is that such tokens can participate in various reward programs, which is also an advantage of owning them.
hero member
Activity: 2520
Merit: 952
I have some UNI, sold most of stake and few are just lying around since I received their airdrop 3 years ago I think.
Unfortunately I'm not one of those lucky participants. I don't know if where were I that time, but I think I was also active on doing airdops in the forum and on airdrop sites outside. Oh well, maybe me and UNI aren't just meant to be for each other. Cry

Uni was first that started retrospective airdrop trend, there was no way you could know beforehand that there was going to be an airdrop. You only needed to be lucky to get it.

Regarding CEX exchanges, I think I only held KCS many moons ago I dunno how I got it, but I sold it.
Maybe you have used KuCoin exchange before but you only forgot it? And maybe they have an airdrop event before where users can get some KCS token. I never saw KCS got trendy and it might even decline during the bear market. So your decision of selling it quickly might be a good idea.

Yea, I certainly used to use Kucoin exchange, but I don't remember how I got those KCS tokens, could care less now.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
Exchanges tokens era ended i think, I was own several exchanges native tokens and most of them hit all time high as like i got decent profit from BNB,KCS & UNI but i don’t think those tokens can break new ATH in the next bull run, because so many new exchanges entered in the market and they launched their own tokens, so oldest tokens demand are decreasing because investors are looking into in new projects, i was holding some BNB but after SEC issue i sold all.
wise move right there, i also think the same way, the future with these exchange token in general aren't that great, I just think that they could hardly increase in the future maybe because they have reached their peak value or either there is no meaningful events that could drive their coin prices up again unlike back then.
IEO right now wasn't something thats sought after but instead its retrospective airdrop that doesn't directly deal with the use of these exchange tokens at all.
moreover if yous ee the recent chart growth, you can easily figure it out the fact that many of these exchange tokens aren't even having rally getting left behind by so many altcoins that are top 50 out there, I think its not lucrative investment anymore with these exchange token.
sr. member
Activity: 2030
Merit: 323
I have some UNI, sold most of stake and few are just lying around since I received their airdrop 3 years ago I think.
That was impressive. If that has happened to me, I definitely don't have that coin anymore Grin. I'm contented already, since I just got it for free in their airdrop and I wasn't even expecting it. Unfortunately I'm not one of those lucky participants. I don't know if where were I that time, but I think I was also active on doing airdops in the forum and on airdrop sites outside. Oh well, maybe me and UNI aren't just meant to be for each other. Cry

Regarding CEX exchanges, I think I only held KCS many moons ago I dunno how I got it, but I sold it.
Maybe you have used KuCoin exchange before but you only forgot it? And maybe they have an airdrop event before where users can get some KCS token. I never saw KCS got trendy and it might even decline during the bear market. So your decision of selling it quickly might be a good idea.
legendary
Activity: 3234
Merit: 1055

Exchanges tokens era ended i think, I was own several exchanges native tokens and most of them hit all time high as like i got decent profit from BNB,KCS & UNI but i don’t think those tokens can break new ATH in the next bull run, because so many new exchanges entered in the market and they launched their own tokens, so oldest tokens demand are decreasing because investors are looking into in new projects, i was holding some BNB but after SEC issue i sold all.

just when everything is so calm and silence is eerie, that's when they will pump the price. BNB will wakeup soon.

i am still holding a dex token though its price is just $0.02. i honestly think the exchange will die but it seems to have been alive still and the dev just updated their app. lol
i want to poke their eyes to wake up and do something if they are not active yet because the majority of the tokens are already up greener.

sr. member
Activity: 2226
Merit: 259
DGbet.fun - Crypto Sportsbook
Exchanges tokens era ended i think, I was own several exchanges native tokens and most of them hit all time high as like i got decent profit from BNB,KCS & UNI but i don’t think those tokens can break new ATH in the next bull run, because so many new exchanges entered in the market and they launched their own tokens, so oldest tokens demand are decreasing because investors are looking into in new projects, i was holding some BNB but after SEC issue i sold all.
hero member
Activity: 1232
Merit: 516
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.

Not that good right now. Thinking about selling them off. I have invested in projects like BNB and BIT tokens before, which has been rebranded as MANTL but i am not seeing much hype about it. BNB is also going to launch their own L2 which can be good for their long term growth but there are currently so many L2 that users and developers will be confused about which project they should invest in. The issue with Binance has not ended i thin and this exchange can be affected again which will affect BNB price.
hero member
Activity: 1652
Merit: 569
Catalog Websites
I am currently hodling BNB, HT, UNI and SUSHI i am planning to hodl them until the peak of Bull run because I got a huge return previously when I held BNB from $10 and sold it at $600 hence I have decided to invest into some major DEX and CEX exchange token which I did during the downfall and now continuously hodling it for over two years now. Exchange tokens hold good scope of growth until the exchange is good and some negative news like arrest of CZ impacts the price of the exchange token
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
do you still trust exchange tokens? have lost my belief couple years ago though I still have some few Binance coin in mine and some gambling tokens but they are just staying because I don't wanna sell at losses .
but what is my priority now are those coins that have been in long time now and yeah I have 1 meme coin still in folio .
I have few Uni (Uniswap) tokens, hodling still since it's airdrop, surprisingly it's price is still close to what it was when it was airdropped. I don't have any CEX tokens as I rarely use centralized exchanges, CEX tokens give some kind of benefit on their platform if you hold their tokens but if you don't use CEXes in first place there is no benefit to you and I'm not fan of getting in for sheer speculation.
since it is airdrop tokens so i think there is no hurt if you hold them and died (but since Uniswap is strong project I think it is still safe long term)
sheer speculation is normal in this section mate but yes we are not a fan and even debating about it  Grin
hero member
Activity: 2520
Merit: 952
I have some UNI, sold most of stake and few are just lying around since I received their airdrop 3 years ago I think. It has never dipped below ~$3 since I received airdrop and started holding no matter how much bloodbath was there in the market.  Tongue  (if you check CG, it'll show you $1 it was just when it was launched).

Other was Pika protocol's Pika token, they withdrew the token and investors were returned funds.

Last one was ZigZag, it is  ZkSync dex, I got airdrop and sold it, it's been to ashes lately.

Regarding CEX exchanges, I think I only held KCS many moons ago I dunno how I got it, but I sold it.
member
Activity: 377
Merit: 13
#SWGT PRE-SALE IS LIVE
Dumped. I bought cake, governance token for PancakeSwap long ago. Around $3.4 i guess but suddenly it start dumping and stopped at $1.40 value which was disappointing. Although now it pumping as like others altcoins but still it need to be 2x to reach the position where i bought it. It has $44 ath , and i believe it could be a worth investing for bull run. Although it still stuck with low price. Besides i have some amount of bnb as it is the most trusted altcoin for this time after ether
legendary
Activity: 2268
Merit: 1655
To the Moon
I do agree that Binance is one that I could trust, and to be fair considering Coinbase is in the stock market in the USA that would mean that I could trust that as well. This isn't really about the fact that they are big, sure they are super big, but that is also because a lot of money has been trusted to them so far and a lot of money has been withdrawn without an issue. A smaller place could have no issues as well and that would make it make sense and I would understand it...

It is possible that in the future, Coinbase will launch its native token for the Base network, which can later also become an exchange token for this exchange. And it would be wrong if the activity of Coinbase is associated not only with the price of a new exchange token, but also with the native token of the Base network.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
I had exchange tokens in my portfolio, but after the FTX scam and bankruptcy, I sold all my exchange token holdings. I don't have any exchange tokens in my portfolio, and I advise you to sell your exchange tokens if you have any. These tokens are not meant for investment.
even Binance? well though they are prone to issues like hacks and scams but standing
that long might show grace and support from many holders.
though indeed that i support you for that because  those coins  are really risky specially in long term , we have no assurance at all of how much it can climb and how long it will stay safer.
but nothingmore , this is a risk we must take if we wanted to earn more than supporting Bitcoin(that is what most altcoin supporters think)
just make sure that you will not put all the eggs in one basket,
try to diversify or try to manage buying bitcoin for the safest way of treating your crypto investing.
aside from the fact that in holding exchange coin we need to see how trustworthy the exchanges are and how reliable they are to ensure that our investment won't go to drain, evaluating performance is also of essence, in this case, BNB, even though this coin has been long standing but the price chart for this whole year shows bearish, added with the fact that the exchange itself got some lawsuit which means easy dump for the coin itself.
right now its highly undervalued but sometimes i think that maybe these coins in general are overvalued.
thats the thing that needs to be observed too when it comes to investing in such coins, certainly the performance of the platform itself is also the one that determines whether our investment will be success or not when it comes to this kind of coin since the coin are usually having the function of being utilized within the platform itself.
hero member
Activity: 2702
Merit: 540
DGbet.fun - Crypto Sportsbook
I had exchange tokens in my portfolio, but after the FTX scam and bankruptcy, I sold all my exchange token holdings. I don't have any exchange tokens in my portfolio, and I advise you to sell your exchange tokens if you have any. These tokens are not meant for investment.
even Binance? well though they are prone to issues like hacks and scams but standing
that long might show grace and support from many holders.
though indeed that i support you for that because  those coins  are really risky specially in long term , we have no assurance at all of how much it can climb and how long it will stay safer.
but nothingmore , this is a risk we must take if we wanted to earn more than supporting Bitcoin(that is what most altcoin supporters think)
just make sure that you will not put all the eggs in one basket,
try to diversify or try to manage buying bitcoin for the safest way of treating your crypto investing.
I do agree that Binance is one that I could trust, and to be fair considering Coinbase is in the stock market in the USA that would mean that I could trust that as well. This isn't really about the fact that they are big, sure they are super big, but that is also because a lot of money has been trusted to them so far and a lot of money has been withdrawn without an issue. A smaller place could have no issues as well and that would make it make sense and I would understand it.

The issue is that smaller place would not have a lot of money trusted to it yet, and that's why not enough to trust it just yet. BNB is a great coin and when the bull run comes people will see how important it is and how much profit we could make from it.
BNB isnt really just a coin which is really that symbolizes Binane exchange, if we do really try to look indepth about its usage and overall utility then i could say that it is really just indeed worthy to be considered. Cheap transfers and fast confirmation in terms of transactions then it do really give out that kind of usage on which we do really appreciate. Somewhat i do agree on the time that
other people been saying that price or value would really be reflecting out with its exchange which we know that Binance is the current top exchange platform that we do have in the market
and it would be always reflecting out in speaking about its reputation into that coin value which it is really that standard. So far i dont have that BNB nor other exchange tokens
because i do really put up my focus on most Layer one coins in the market which i do see to be more worth rather than on touching with layer 2's but well this does depend
on a certain investor on which one he would really be focusing into.
legendary
Activity: 3346
Merit: 1128
I had exchange tokens in my portfolio, but after the FTX scam and bankruptcy, I sold all my exchange token holdings. I don't have any exchange tokens in my portfolio, and I advise you to sell your exchange tokens if you have any. These tokens are not meant for investment.
even Binance? well though they are prone to issues like hacks and scams but standing
that long might show grace and support from many holders.
though indeed that i support you for that because  those coins  are really risky specially in long term , we have no assurance at all of how much it can climb and how long it will stay safer.
but nothingmore , this is a risk we must take if we wanted to earn more than supporting Bitcoin(that is what most altcoin supporters think)
just make sure that you will not put all the eggs in one basket,
try to diversify or try to manage buying bitcoin for the safest way of treating your crypto investing.
I do agree that Binance is one that I could trust, and to be fair considering Coinbase is in the stock market in the USA that would mean that I could trust that as well. This isn't really about the fact that they are big, sure they are super big, but that is also because a lot of money has been trusted to them so far and a lot of money has been withdrawn without an issue. A smaller place could have no issues as well and that would make it make sense and I would understand it.

The issue is that smaller place would not have a lot of money trusted to it yet, and that's why not enough to trust it just yet. BNB is a great coin and when the bull run comes people will see how important it is and how much profit we could make from it.
full member
Activity: 2590
Merit: 228
I had exchange tokens in my portfolio, but after the FTX scam and bankruptcy, I sold all my exchange token holdings. I don't have any exchange tokens in my portfolio, and I advise you to sell your exchange tokens if you have any. These tokens are not meant for investment.
even Binance? well though they are prone to issues like hacks and scams but standing
that long might show grace and support from many holders.
though indeed that i support you for that because  those coins  are really risky specially in long term , we have no assurance at all of how much it can climb and how long it will stay safer.
but nothingmore , this is a risk we must take if we wanted to earn more than supporting Bitcoin(that is what most altcoin supporters think)
just make sure that you will not put all the eggs in one basket,
try to diversify or try to manage buying bitcoin for the safest way of treating your crypto investing.
hero member
Activity: 2520
Merit: 952
I have few Uni (Uniswap) tokens, hodling still since it's airdrop, surprisingly it's price is still close to what it was when it was airdropped. I don't have any CEX tokens as I rarely use centralized exchanges, CEX tokens give some kind of benefit on their platform if you hold their tokens but if you don't use CEXes in first place there is no benefit to you and I'm not fan of getting in for sheer speculation.
legendary
Activity: 2716
Merit: 1383
So far, the exchange token I'm still holding on to is BNB. although there has been no significant development, I am still optimistic about the development in the coming year. Well, I know that there are enough issues that binance is facing right now that could affect BNB. however, I think they are a very professional team. they have solved enough problems so far, in fact many people think that Binance is the best exchange, and owning BNB at this time is a very good opportunity because the price is still quite cheap.
As long as you are aware of the risks then that is fine, however I cannot help but to draw some comparisons between the case of Ripple and the binance coin, during the previous bull run Ripple underperformed in a spectacular fashion because of the issues it had with the SEC, and now binance is facing similar issues with it, so it is entirely possible that the binance coin is not going to perform as well as it did on the past, and this could cause you to not earn as much money as you were expecting during the next years.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
So far, the exchange token I'm still holding on to is BNB. although there has been no significant development, I am still optimistic about the development in the coming year. Well, I know that there are enough issues that binance is facing right now that could affect BNB. however, I think they are a very professional team. they have solved enough problems so far, in fact many people think that Binance is the best exchange, and owning BNB at this time is a very good opportunity because the price is still quite cheap.
hero member
Activity: 1288
Merit: 524
Buzz App - Spin wheel, farm rewards
I had exchange tokens in my portfolio, but after the FTX scam and bankruptcy, I sold all my exchange token holdings. I don't have any exchange tokens in my portfolio, and I advise you to sell your exchange tokens if you have any. These tokens are not meant for investment.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
Holding exchange token fully depends on individual likeness because you may found it worthy to hold while others may see it as something not good to have, personally I had took time to analyzed all this tokens they act the same, and same principles of altcoin controls them irrespective of the exchange it should be. Same thing happened to BNB token, we were thinking of seeing it at 5k then when people were predicting ETH to hit $10k but surprisingly that couldn't happened. Between, holding exchange token to me seems wasting of funds rather I may decides to convert them into btc and hold to reduce my fear since they have the possibility of becoming zero at any time.
sr. member
Activity: 2618
Merit: 439
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
at least you mentioned those exchange token so we can look at its performance? and also exchange tokens are the most risky tokens for me because we knew how exchange are vulnerable with the attacks of hackers and other criminal elements in which surely will affect their token like what had happened in the past.
legendary
Activity: 2268
Merit: 1655
To the Moon
...Dump drastically and not matter with how long have been invested in exchange coin or token but still in lower price until today, I have been three or four months with BNB coins and not good option have to do because get loss more than 40% until right now.

Look at the price of other altcoins and you will see that there is a similar situation. When the price of bitcoin decreases, it does not matter if it is an exchange token or not, the price will also decrease. And if the market turns to growth, then altcoins, including exchange tokens, will also increase in price.
legendary
Activity: 2716
Merit: 1383
Basically i never holding any coin for choice exchange wallet of first because they have weakness security. But if you want take a best exchange like binance, kucoin then would be safe your holding. If you want good security for your holding assets then you should use hardware wallet. But if you are a short time holders then try to exchange fell free.
There’s always risk with the exchange token since most of them is based on the performance of the exchange itself. BNB is the most good option and so far they are still doing great despite of some issues with BNB exchange early this year. Though if you are going to compare it last year, I can say that we are still in the same position as the market still struggling to break the resistance.
The greatest strength and the greatest weakness of exchange coins is the exchange behind them, the success binance has enjoyed since its creation is huge and soon became the most dominant exchange on this market due to the favorable treatment they gave to their customers at the time, however no business is meant to dominate or to even last forever, and as such it is entirely possible binance could suffer a huge setback soon, and anyone still holding their binance coin at the moment will suffer heavy consequences because of it.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
I'm not a holder of any exchange token except holding some bnb in wallet probably as for trend and trusted by people which is performing as okey. Otherwise exchange tokens aren’t sound good invest as those are useless in most of the cases. exchanges token are kind of so call token just act for giving 10-25% discount if you use that token for transaction in its platform. Otherwise no real use of it and most of the time those perform as dump in the long.
so far I agreed that BNB having the most utility nowadays, the others are just giving some discount which doesn't make sense since 25% discount of the fee trading is kinda absymal.
but if its used for staking like BNB for the sake of getting new quality coins that might have the potential of tripling its value then it will be worth it.
and so far the only exchange that could realize such concept is only binance.
for that I guess the reason why their BNB is having quite high market capitalization, added with the fact that they have bsc in their service.
sr. member
Activity: 2422
Merit: 357
Basically i never holding any coin for choice exchange wallet of first because they have weakness security. But if you want take a best exchange like binance, kucoin then would be safe your holding. If you want good security for your holding assets then you should use hardware wallet. But if you are a short time holders then try to exchange fell free.
There’s always risk with the exchange token since most of them is based on the performance of the exchange itself. BNB is the most good option and so far they are still doing great despite of some issues with BNB exchange early this year. Though if you are going to compare it last year, I can say that we are still in the same position as the market still struggling to break the resistance.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Basically i never holding any coin for choice exchange wallet of first because they have weakness security. But if you want take a best exchange like binance, kucoin then would be safe your holding. If you want good security for your holding assets then you should use hardware wallet. But if you are a short time holders then try to exchange fell free.
It is never a recommendation to put your assets into an exchange. Remember on the FTX collapse? Many people lose their assets because they store their assets on FTX which is a top exchange before their disaster occur. This shows that even if your coin is on a top exchange, storing it their still have a risk even for a short time because we never know what might happen. I personally have some assets on the exchange that I'm using but I don't store it there because I using the exchange to trade my assets, that's why it's obvious that it will be there. Hardware wallet or any decentralize wallet will suffice if you really avoid that kind of risk.
full member
Activity: 1050
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Vave.com
Basically i never holding any coin for choice exchange wallet of first because they have weakness security. But if you want take a best exchange like binance, kucoin then would be safe your holding. If you want good security for your holding assets then you should use hardware wallet. But if you are a short time holders then try to exchange fell free.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
Not all exchange token performing well due what happen with both local exchange token in my country, price dump drastically and keep stable in lower price although they are opening many vote for launching new coins. Not difference between CEX or Dapp exchange token and right now keep going down.
Seems only Binance as exchange coins have good price right now and other exchange coins price drop drastically, for dapp exchange token price drastically drop like Apeswap and Uniswap. I don't think profitable when investing in exchange token although guarantee not delisted yet because face difficult for raising to higher price.
Looking at the prices of everything right now, it makes sense that most of them (probably all of them) not doing that well. The market is in the red for the past few weeks and just because of that alone it makes sense not to have any result at all, it should be normal not to have any results, nothing good at least.

I believe that we are going to get a lot worse and we should be considering this to get better. If we see it get better then we are going to end up making more profit eventually as well. I think it is important to make that profit because with that method you are going to end up with accumulating it at the bottom right now, and selling it later on when it starts to make more money as well, a good idea.
sr. member
Activity: 1246
Merit: 262
Binance coin or BNB is the only one coins exchange in my portfolio holding right now, not really promising although exchange coin because invested when BNB above $320 and current BNB price drop drastically right now dump to $220. You can give your viewed about how progress with BNB coins and take more lesson when investing in exchange coin or token never totally trusted and keep open stop loss order for protecting when coins suddenly dump. I don't see with other exchange coin or token have good progress like BNB or not but almost exchange token or coin performing right now still bad.

Dump drastically and not matter with how long have been invested in exchange coin or token but still in lower price until today, I have been three or four months with BNB coins and not good option have to do because get loss more than 40% until right now.
sr. member
Activity: 1115
Merit: 253
DGbet.fun - Crypto Sportsbook
I'm not a holder of any exchange token except holding some bnb in wallet probably as for trend and trusted by people which is performing as okey. Otherwise exchange tokens aren’t sound good invest as those are useless in most of the cases. exchanges token are kind of so call token just act for giving 10-25% discount if you use that token for transaction in its platform. Otherwise no real use of it and most of the time those perform as dump in the long.
legendary
Activity: 2716
Merit: 1383
Not all exchange token performing well due what happen with both local exchange token in my country, price dump drastically and keep stable in lower price although they are opening many vote for launching new coins. Not difference between CEX or Dapp exchange token and right now keep going down.
Seems only Binance as exchange coins have good price right now and other exchange coins price drop drastically, for dapp exchange token price drastically drop like Apeswap and Uniswap. I don't think profitable when investing in exchange token although guarantee not delisted yet because face difficult for raising to higher price.
The binance coin is not doing as well as you think, since April the binance coin has experimented almost a 40% drop, no matter how we look at this is is not right as bitcoin has not experimented the same kind of negative movement, this tell us there is something going on with binance, and it is not a mystery at all, we know the SEC has binance on their sights and they want to limit their influence or maybe even destroy them, and this means that other exchange tokens are also suffering as if binance falls then it wont take long for the SEC to go for them as well.
sr. member
Activity: 2114
Merit: 309
Not all exchange token performing well due what happen with both local exchange token in my country, price dump drastically and keep stable in lower price although they are opening many vote for launching new coins. Not difference between CEX or Dapp exchange token and right now keep going down.
Seems only Binance as exchange coins have good price right now and other exchange coins price drop drastically, for dapp exchange token price drastically drop like Apeswap and Uniswap. I don't think profitable when investing in exchange token although guarantee not delisted yet because face difficult for raising to higher price.
legendary
Activity: 3094
Merit: 1127
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
I have BNB, OKB and BGB and speaking about their performances then it would be always reflect on different factors;
1. Market condition
2. Trend
3. Exchange platform promotions and other related update

We can really see that it would really be bringing out that kind of price action basing up with those factors above. This is why im not really that a fan that much on accumulating or holding more.
Since i do have those 3x piece of exchange coins or tokens then it isnt really that bad to hold it up as long you dont focus up with these things.

Basing on my port then i would be mainly holding Bitcoin and ETH which the rest would be speaking about these exchange coins and the rest are those meme coins and some alts
which i do believe that it could have the potential on having that multiple folds on upcoming bull run season. It might not be assured but at least we do already know on what are those
probabilities. Invest on what you can afford to lose as always.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
Aside from BNB, there is really no need to trust these exchange tokens when you think about it. BNB is a great one because Binance is the biggest exchange token out there, it's the third biggest cryptocurrency and it is also a prime coin to have tokens under its chain as well.

When you combine all of those together it becomes obvious that you should be using that to make as much money as you possibly could, that way you could make a profit quickly. However, we are going to end up with a result that will not be simple, I think it's quite important to focus on what type of profit you could make with it, and that should be very important, the problem is that people do not let it be like that and focus on higher risk stuff.
legendary
Activity: 2450
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duelbits.com
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year.
Since we are still in the bearish season, we can understand if exchange tokens can increase their prices as expected. Moreover, after the case of FTX, most crypto coins decrease their values quite significantly, especially the exchange tokens. Even worse, Binance also got a problem, SEC sued Binance due to misappropriation of customer funds. This makes the popularity of exchange tokens be decreasing more and more. So, we can understand if the performance of exchange tokens is getting worse.

Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year?
I only hold 2 exchange tokens, BNB and TKO.

I still hold BNB, because it is Binance coin (the number 1 exchange in the world). Sure, BNB looks decreasing much after Binance has an issue with SEC. But I'm sure Binance will fix the problem as soon as possible. Changpeng Zhao should have a solution to deal with the SEC accusation. Moreover, it is about the customer funds, SEC will be difficult to prove the misappropriation.

While for TKO. It is the token of Tokocrypto, our local exchange. I think the price still has the potential to grow because Tokocrypto is developing very well. It becomes the number 1 local exchange in my country after having partnered with Binance. And Tokocrypto always plans some interesting programs, it attract more people to join. On the other hand, TKO also has a good role in Tokocrypto exchange.

full member
Activity: 2170
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“FRX: Ferocious Alpha”
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
it is more bad now mate because the market is dumping more than when you posted this.

now the value of bitcoin dumps more than 2 digits and indeed that altcoins are following sadly.,
so i hate looking at my folio now instead will let them sit for a while.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Very few of the altcoins hit the market and most are victims of the altcoin scam. But it's true that this year has been quite turbulent for some altcoins, especially exchange tokens. I have quite a few exchange tokens, but so far, the price hasn't risen yet, so  I hold and sell when the price goes up.I used to trade more on BNB coins.  Exchange tokens are currently performing really poorly in my opinion.  Even bullish ones sometimes don't have much of a chance for them to increase in value instead.
its I guess because these kind of token which is exchanges token are usually having minimalistic utility, only limited token are actually useful like BNB for subscription towards their launchpads, some exchanges token out there just act for like giving some discount when using the platforms which is I think rather useless. moreover, the only thing that makes BNB stand out compared with the other exchanges token is probably the fact that its got its own smart contract blockchain.
the fact that its got its binance smart chain heavily adds utility towards the coin itself, unlike the other similar exchanges token out there.
I guess thats why the only exchange token thats good is BNB.
legendary
Activity: 2716
Merit: 1383
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
I'm personally not a fan of buying and holding altcoins for a very long period of time, in my portfolio, only Bitcoin has that spot and I don't add other cryptocurrencies in that category, but I do buy and sell them for short term, and since I've been only using Binance for the most part, I've had bought some BNB after the crash when the price recovered a little bit from $16k to $24k, but I didn't hold them for long and sold them back after booking some profit.

My spouse had bought BNB recently before the SEC had sued Binance and that made the price of BNB crash badly and now she is stuck with her investment. This is the most probable reason why I don't hold altcoins for the long term because I know that things can go wrong at any time with them.
You do well to have that policy, altcoins are simply too unstable and when it comes to exchange tokens their performance could be affected on the future due to the regulations the SEC could impose to exchanges and their coins, this is what has many investors worried and it caused the drop in the price of coins like BNB, still if you have already enough bitcoin and you have some spare cash then investing in BNB can be a good choice, as long as you are willing to sell them at the first sign there could be some trouble.
member
Activity: 467
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this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
I have to sell FTT with a huge loss due FTX incident. Also, BNB reached $650 last year. But this year majority of users are not trusting CEX tokens. They are focusing on L2 projects to hunt the main net airdrops.
hero member
Activity: 2576
Merit: 586
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
I'm personally not a fan of buying and holding altcoins for a very long period of time, in my portfolio, only Bitcoin has that spot and I don't add other cryptocurrencies in that category, but I do buy and sell them for short term, and since I've been only using Binance for the most part, I've had bought some BNB after the crash when the price recovered a little bit from $16k to $24k, but I didn't hold them for long and sold them back after booking some profit.

My spouse had bought BNB recently before the SEC had sued Binance and that made the price of BNB crash badly and now she is stuck with her investment. This is the most probable reason why I don't hold altcoins for the long term because I know that things can go wrong at any time with them.
member
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The Bear market really deal with my portfolio, must my exchange token has turned close to zero in value's, but I no one day they we start raising as crypto market recovery. Base on the current situation of market is good to buy more, and for a new investors, congratulations for them, because they are in good position to buy at a very cheap price, with the initial capital can go a long way for them.
sr. member
Activity: 1610
Merit: 264
I own several exchange coins, but they haven't been performing well. I admit that I made some poor choices when buying them. Instead of purchasing reputable coins like BNB, I opted for cheaper, newer ones, which unfortunately failed to attract traders to their platform. This taught me a valuable lesson: always conduct thorough research before investing in any exchange coins. However, if you possess highly reputable exchange coins, it is advisable to hold onto them patiently for more favorable returns during the next bull run.
If I can recall back in 2017, I was just like going partly investing in BNB, but it ain't really my fancy since it isn't really that much being mentioned aside from being an "exchange crypto". I sold it anyway around 2018-2019 the day that I started day trading, but turned out into shit experience but memorable somehow.

I would still go for exchange tokens if I would be given a choice between some random coins out there especially NFTs. Not really a fan of it.
full member
Activity: 882
Merit: 100
Very few of the altcoins hit the market and most are victims of the altcoin scam. But it's true that this year has been quite turbulent for some altcoins, especially exchange tokens. I have quite a few exchange tokens, but so far, the price hasn't risen yet, so  I hold and sell when the price goes up.I used to trade more on BNB coins.  Exchange tokens are currently performing really poorly in my opinion.  Even bullish ones sometimes don't have much of a chance for them to increase in value instead.
legendary
Activity: 2534
Merit: 1397
(....)
 Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
Before, I was into exchanging tokens like BNB and FTT.
But on what happened to FTT (FTX Exchange) my attention started to shift to most Decentralised Finance (DeFi) project tokens.

I think exchange tokens right now are bleeding especially because of the current issue of Binance to the U.S.

For me, if I ever just invest in any exchange token, I will select the OG exchanges which are KCS (KUCOIN).
hero member
Activity: 2464
Merit: 594
It has had a rough year, losing over 60% of its value since January 2023. This is due to a number of factors, including the overall decline in the crypto market, recent economic changes, and increasing supply.

The token is down from its all-time high in November 2021.

Despite the recent declines, I still believe that these tokens have the potential to be good investments. They are still very popular, and the team is constantly working to improve the economy. I think that they could recover their losses and reach new highs in the future.
hero member
Activity: 1106
Merit: 570
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.

I had some kucoin tokens before the start of the bear market and they have done very awful but that's because the market is bearish for all cryptocurrency so I'm not bothered but I'll be selling them to buy more BNB, the current value of BNB is very attractive because BNB is a good project as it has utility with Binance exchange as you can use your BNB to pay for less fees.
Also you can use BNB to get slots for Launchpad projects and Binance exchange has some of the best launchpad project because there are many investors waiting on the exchange to list the launchpad project so they can buy and hold. All launchpad project on Binance does very well when they start trading and this add more money to investors of the projects.
All exchange tokens will be performing badly as the rest of the market is performing badly, now isn't the time to look at how a coin is performing but a time to use in accumulating all the project that you have interest in because during the bull market they'll do very well and if you didn't buy them now, you'll regret when they're giving big profits to those that invested in them.
hero member
Activity: 2996
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these exchanges tokens from my experience are performing really bad in general, even in bullish sometime they don't even have to chance to get their value up instead, they'd be just stagnant, i've learnt a thing or two from the fact that some exchanges coin are just there for utility not for investment.
since the exchanges themselves only give the utility to the coin to be utilized within the platform and thats it, no innovation in the future, nothing, so I guess i'd just instead stick with investing with smart contract coin that have been showing great progression and potential, i guess they are just better, though with exception of the fact that exchanges coin like BNB always have event for subscription into some new project presale which might increase its value but regardless, its still hardly increase in value.
legendary
Activity: 1064
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Playgram - The Telegram Casino
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
I don't own any of them [exchange tokens], but some of them may perform well in terms of price. I didn't check all the exchange tokens - but it seems that BNB is one of those tokens that can give you returns due to its price volatility.

I know BNB has performed well from at least mid-December 2022 to mid-April 2023 - but since then BNB has lost so much value that I have doubts about how to convince you of this token in the long term.
jr. member
Activity: 742
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The token I'm holding now is Eth, XRP, and Dot. The Ethereum gives me a decent profit while the XRP didn't give me a huge profit, but the Dot gives me a little bit of loss. So, these three tokens I'm still holding and waiting for the market to be made better and I could get a decent profit from all three.
sr. member
Activity: 1274
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this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
To be honest I don't really like investing in exchange based tokens or coins at the moment. And the reason for this is that these exchange based tokens are performing very poorly even though the effects are everywhere due to the bear market now. However if I talk about my coins the current condition of my holdings is not very good as it is currently more than three times below its all time high price.  So I would say avoid investing in such coins or tokens for now and if you want to invest long term then invest in Bitcoin. And wait for the bull run.
sr. member
Activity: 1936
Merit: 290
I have no exchange token holding in the current year and this quality token is out of my choice now. A few years ago I bought a lot of exchange tokens but all of them were actually losses because after a few days they scammed and ran away. In fact there are very good best exchanges where there are real investors and volume so there is no need for a new exchange but they can run it after the success of a project.
full member
Activity: 2184
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SOL.BIOKRIPT.COM
I own several exchange coins, but they haven't been performing well. I admit that I made some poor choices when buying them. Instead of purchasing reputable coins like BNB, I opted for cheaper, newer ones, which unfortunately failed to attract traders to their platform. This taught me a valuable lesson: always conduct thorough research before investing in any exchange coins. However, if you possess highly reputable exchange coins, it is advisable to hold onto them patiently for more favorable returns during the next bull run.



newbie
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I will vote pawswap every month or every week, because this is the best strategy
The price of pawswap is perfect for buying the dip right now, this is a bullish coin for the future
hero member
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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thats the thing with many exchanges token in general they don't really move until bullrun is coming, the only thing that could make them move is if there is some event involving the token itself.
like for example is BNB, it recently moves when there are two project about to get launched in their platform and it caused some effect towards the BNB coin itself.
thats why when investing in some of these exchanges token in general, its better to see whether the token itself have that much utility and is being used widely in platform and frequently like how BNB
was being used heavily for getting the share of new tokens in general.
All coins, including exchange tokens, are waiting for the arrival of a new bull run to be able to move, and when the bull run has not indicated when it will come, the exchange tokens are still silent and still waiting. BNB is still not moving up as the bitcoin price is dropping again after it climbed to $29k yesterday. But right now, with the drop in the bitcoin price, it looks like the bitcoin price is going back to $28k, which could make the exchange tokens prices go down as well. So we're still holding on to that exchange token, maybe we can buy some more at another low, but that depends on how deep the price goes down.
sr. member
Activity: 1932
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this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.

I currently don't have any exchange tokens except for some bnb for transactions but I plan to a buy a good number of different exchange tokens for next few months. I have had good experience with centralized exchange tokens but some huge losses with dex tokens. Pancakebunny(scam) and Panckaeswap(still a good investment in low price) were disastrous investment. I'll be trying to get a 75% centralized and 25% dex tokens for the next bull run.
hero member
Activity: 3024
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Leading Crypto Sports Betting & Casino Platform
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.

The last exchange-based token I've hold was Nominex glad that I dumped it before a huge crash even Kucoin or KCS suffered a huge drop only Binance backed token is doing great in the market and the real exchange-based token that has real potential in the market, but we never know CEX is here to stay there could be a time where these exchange based token will have a strong showing, right now we are in the MEME and AI era, this is where investors are looking more to invest.
hero member
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform
I have some exchange tokens, but until now, the price still hasn't increased. But I'm grateful to be able to buy it at such a low price that this situation doesn't affect me too much. I'm just still waiting for the price to rise until it reaches its highest ATH. Then I will sell it. But before the highest ATH price is reached, I'm fine to keep waiting and holding the exchange token. Current market conditions are still difficult to predict, so exchange tokens also cannot move. So just waiting is all we can do.
thats the thing with many exchanges token in general they don't really move until bullrun is coming, the only thing that could make them move is if there is some event involving the token itself.
like for example is BNB, it recently moves when there are two project about to get launched in their platform and it caused some effect towards the BNB coin itself.
thats why when investing in some of these exchanges token in general, its better to see whether the token itself have that much utility and is being used widely in platform and frequently like how BNB
was being used heavily for getting the share of new tokens in general.
full member
Activity: 1582
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BK8 - Most Trusted Gambling Platform
...Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
Having several but only from certain exchanges which are I really use and trust them. However like other altcoins right now, the price is still dropped and it seems like they still need more times to go back stronger again and rise up as expected. But fortunately, I am sure enough that those exchange tokens have high potential and are worth it to wait and invest. Because they are some of the reputable exchanges both globally and also locally in my country. The most favorite exchange coin I have is the BNB which I am sure is a worth to invest.

But if this is about CEX tokens, I think that I don't have any of them. This is not about how much we have the exchange tokens or coins, but what kind of coins or tokens we are investing.. because not all exchange coins or tokens will have similar worth to wait.
hero member
Activity: 2212
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Top Crypto Casino
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.


I haven't held any exchange tokens in recent times. Considering the fact that majority of them haven't done so well this year, I'd say I was lucky especially since I was a big fan of Binance and BNB. Until the market conditions changes for the better, I don't think tokens in this category will do so well. I'm sure binance is even considering their famous BNB burn have had positive impacts on BNB tokens.

If either the SEC or US government manages to take down Binance, other exchange tokens should plunged. Uncertain times.
legendary
Activity: 3780
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this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.

I mean I think they are right in line with every other coin here.  Way off it's all time high and pretty much flat lining.  In a market like this there isn't much money to be made in the short term.  If ypu are really bullish on one of them then now is the time for accumulation.  Profits will come later.
legendary
Activity: 1890
Merit: 1537
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
Yes, I have exchange tokens in my holdings, most notably the Binance platform currency. Unfortunately, I had invested BNB in order to participate in the SUI Launchpad, and after that the FUD event caused by the SEC, which led to a sharp drop in the price of BNB from the peak of $333, which led to my loss reaching more than -25%, frankly, I did not prefer exchange tokens because any exchange may be exposed to bankruptcy, regulatory pressure, or hacking, which will negatively affect the exchange token that the investor invests in, but there are things that make a person want to profit and reap returns and turn a blind eye to potential risks like participating in Launchpad and Launchpool and others, I have not lost certainty yet because the BNB token is one of the top tokens in the market, although it was classified as a security by the SEC, but it is highly likely that it will win like XRP and return better than it was and achieve a new ATH, and regardless of the SEC battle, the tokens of the exchanges currently did not gain the appropriate acquisition and it is certain that they will explode one day if the exchange team is as strong as Binance and knows what it is doing.
legendary
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Playbet.io - Crypto Casino and Sportsbook
How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
I do not have any exchange tokens in my portfolio and i think it might be unwise to hodl too many exchange tokens, i know that quite a lot of people have been lucky with them and the exchange token they were hodling pumped because there was some hype around the exchange itself that issues the token. Anyway it is pertinent to understand that exchange tokens can fail if the exchange that issues them runs into problems with authorities and collapses, i'd rather hodl a coin whose success or failure is not tied to an exchange.
legendary
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Fully Regulated Crypto Casino
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
I am holding bnb exchange tokens. For now I could say they are worth to hold while in the midst of the bear market as they launch many project tokens on their launchpool and launchpad which tive edge to bnb users to claim and farm more. These tokens are new projects that might do a little good in the upcoming bull run so why not claim some of it rigt.
legendary
Activity: 1596
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this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
Exchange tokens are not investment tokens, but assets that the platform prints and burns from time to time to provide liquidity, and some buy them to reduce trading fees within CEXs, as it cannot be traded on a large scale or a large number of platforms, in addition to its price being linked to the platform, which makes it centralized. It can be invested when there is an event that will cause an increase in its price, such as an expansion of the platform’s activity, an increase in the number of users, or any reason that makes you believe that its price will increase. Here, you buy it for a short time that does not exceed a month, and you sell it after that.
jr. member
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Navigating the Crypto world & Holding BGB Along..
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.

The price of the CEX token depends on how the ecosystem and the features they offer, so with the current state of CEX that we know, we can already assess how the price performance of the CEX tokens is.

Do I have CEX tokens? not at all for now, but I had $BNB 2 years ago and luckily at that time Binance was getting a lot of exposure from the crypto public which made the price skyrocket and created new ATHs regularly.

IMO, this year isn't the right year to hold CEX tokens because as we know there are lots of new cases made by the SEC, it's not impossible that the CEX whose tokens we own will be affected.

That's true though, the sec issues stopped the momentum on BNB. I sold. Large chunk of mine earlier. Nevertheless though, the recent tokeninsight reports rated some exchange tokens highly. Seen the report?
The SEC regulations make it an uncertain time to hold CEX tokens quite frankly but when you look at the utilities some of them offer, you’d be compelled to hold them and follow the SEC updates. Some of them have also performed remarkably, according to TokenInsights BGB has outperformed other CEX tokens this year, while OKB ranks second. Unfortunately BNB hasn’t been so impressive as Binance keeps facing stiff regulations.
Yeah I read the report and I was intrigued. Kudos to bitget for holding it steady amidst th bear market and I' hope binance's BNB bounces back in no time.
newbie
Activity: 382
Merit: 0
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.

The price of the CEX token depends on how the ecosystem and the features they offer, so with the current state of CEX that we know, we can already assess how the price performance of the CEX tokens is.

Do I have CEX tokens? not at all for now, but I had $BNB 2 years ago and luckily at that time Binance was getting a lot of exposure from the crypto public which made the price skyrocket and created new ATHs regularly.

IMO, this year isn't the right year to hold CEX tokens because as we know there are lots of new cases made by the SEC, it's not impossible that the CEX whose tokens we own will be affected.

That's true though, the sec issues stopped the momentum on BNB. I sold. Large chunk of mine earlier. Nevertheless though, the recent tokeninsight reports rated some exchange tokens highly. Seen the report?
The SEC regulations make it an uncertain time to hold CEX tokens quite frankly but when you look at the utilities some of them offer, you’d be compelled to hold them and follow the SEC updates. Some of them have also performed remarkably, according to TokenInsights BGB has outperformed other CEX tokens this year, while OKB ranks second. Unfortunately BNB hasn’t been so impressive as Binance keeps facing stiff regulations.
hero member
Activity: 3136
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Leading Crypto Sports Betting & Casino Platform
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
I hold a few of them just for the sake of doing some random investing in these types of tokens. I am not expecting a lot from it and I'm ready to lose it if the market is stirred up. I am not sure if I'd say it's doing good or not but in my portfolio balance, I am currently at a loss with it.
And as you've said in your other post, I am holding BNB and that's just it. Whatever comes and whatever happens on it, I'll just lightly going to accept it since that's what I think is the right reaction to what's happening on it lately. Maybe I'd get some chunk as well during the bull run.
sr. member
Activity: 1554
Merit: 413
Exchange token is a riskier game at the moment with all the lawsuits against Coinbase and Binance. I know there are different CEX but it's probably just a matter of time before SEC comes after them. I wouldn't recommend buying now but if you already have it then you may just stick it out until a ruling is out. The Ripple decision may play a role in a favorable decision.
hero member
Activity: 2912
Merit: 556
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I have some exchange tokens, but until now, the price still hasn't increased. But I'm grateful to be able to buy it at such a low price that this situation doesn't affect me too much. I'm just still waiting for the price to rise until it reaches its highest ATH. Then I will sell it. But before the highest ATH price is reached, I'm fine to keep waiting and holding the exchange token. Current market conditions are still difficult to predict, so exchange tokens also cannot move. So just waiting is all we can do.
jr. member
Activity: 476
Merit: 7
Navigating the Crypto world & Holding BGB Along..
I got out from most of them, but a month or two ago I bought some BSW again at $0.13-$0.14... now it's $0.08. I guess most of alts are hitting their bottoms, so it's definitely a good time for some buying... of course, the prices can drop even more, it's the constant dilemma in our heads, to buy/sell now or to wait a bit more. Anyway, I have some BSW on staking for now and that's it, I don't have other tokens from other exchanges.

Will you employ DCA strategy? I think patience is needed though. For me, BGB has been the consistent performer in my portfolio. Turning out to be my best choice of purchase this year
jr. member
Activity: 476
Merit: 7
Navigating the Crypto world & Holding BGB Along..
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.

The price of the CEX token depends on how the ecosystem and the features they offer, so with the current state of CEX that we know, we can already assess how the price performance of the CEX tokens is.

Do I have CEX tokens? not at all for now, but I had $BNB 2 years ago and luckily at that time Binance was getting a lot of exposure from the crypto public which made the price skyrocket and created new ATHs regularly.

IMO, this year isn't the right year to hold CEX tokens because as we know there are lots of new cases made by the SEC, it's not impossible that the CEX whose tokens we own will be affected.

That's true though, the sec issues stopped the momentum on BNB. I sold. Large chunk of mine earlier. Nevertheless though, the recent tokeninsight reports rated some exchange tokens highly. Seen the report?
legendary
Activity: 3346
Merit: 1191
I got out from most of them, but a month or two ago I bought some BSW again at $0.13-$0.14... now it's $0.08. I guess most of alts are hitting their bottoms, so it's definitely a good time for some buying... of course, the prices can drop even more, it's the constant dilemma in our heads, to buy/sell now or to wait a bit more. Anyway, I have some BSW on staking for now and that's it, I don't have other tokens from other exchanges.
hero member
Activity: 1694
Merit: 787
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.

The price of the CEX token depends on how the ecosystem and the features they offer, so with the current state of CEX that we know, we can already assess how the price performance of the CEX tokens is.

Do I have CEX tokens? not at all for now, but I had $BNB 2 years ago and luckily at that time Binance was getting a lot of exposure from the crypto public which made the price skyrocket and created new ATHs regularly.

IMO, this year isn't the right year to hold CEX tokens because as we know there are lots of new cases made by the SEC, it's not impossible that the CEX whose tokens we own will be affected.
jr. member
Activity: 476
Merit: 7
Navigating the Crypto world & Holding BGB Along..
this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
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