Topic: I believe exhange tokens have huge potentials (Read 165 times)
This is quite realistic, the nauticus project has very good potential, so I think everything will work out for them!
I have really monitored this for some time now I have seen that. I participated in some of the exchange platforms ICOs and now the are mooning so I think its really true.
I agree that you can earn more money on tokens than you would for a bitcoin, but you need to study the project well to avoid stupid skam)
yes you can, but you need to execute the trade perfectly, so you dont end bagholding some tokens. Sell into the pumps and buy lower is the good plan. We must not emotionally attach to the tokens.
Indeed. Not selling the tokens at ATH's just because the roadmap implementation did not realized yet was my worst decisions in crypto. I have learned hard lessons during previous bullrun. Now I am trying to improve my positions on every price spike. And yes I will definitely sell the top all my alts in the next bull run.
Regards,
I guess, you're right about an exchange token have huge potential. That maybe the reason why some of ICO (an Exchange ICO to be exact), are going to provide their own token inside. Surely, token itself will have potential if the exchange is preferably good. No one knows what exactly will happen, let see.
This exchange seems to seized the opportunity with providing 300 cryptocurrencies and 16 fiat gateways.
If that's the case, implementing all gateways will be not as easy as 123, better to study every little detail before doing this and that. And if the exchange became successful, then, the token will be too.
I agree that you can earn more money on tokens than you would for a bitcoin, but you need to study the project well to avoid stupid skam)
yes you can, but you need to execute the trade perfectly, so you dont end bagholding some tokens. Sell into the pumps and buy lower is the good plan. We must not emotionally attach to the tokens.
I agree that you can earn more money on tokens than you would for a bitcoin, but you need to study the project well to avoid stupid skam)
That why I keep buying more cob, cause I see exchange coins with big potentials, big pumps later on especially the volume the exchange has and secondly ; the overall volume of the crypto market, if both of them grow, the value of exchange tokens will also grow spontaneously
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Im not against into your words but talking about those Exchange coins i dont see that it will give you 100-1000x fold or any range. These coins are normally being pumped up or increase its price depending on how popular or famous the site is.Beside on that i dont see any reasons why these things are really worth to put up some investments.Its your beliefs though towards exchange wallet but on my side,it would be nah.Popularity of the sites counts here I agree. There are other parameters that affect the growth of price though.
This is exactly the way it goes. There are a lot of projects blooming everyday. Some believes in the potential of a specific project and some do not. I felt that the team is capable to deliver the project as planned and make it a profitable one.
to evolve into new token exchanges that provide incentives to consumers, brands, retailers and related organizations to work together to create safer, smarter ways for consumers to shop and share information about products in the market.
There are many many exchange related coins already in the market, to name a few good ones we have cob, coss, idex, aura, stm, lcs and many more, i think all of them are good and only two factors, one is the volume the exchange has and second is the overall volume of the crypto market, if both of them grow, no dount the value of exchange tokens will also grow.
Agree! Volume is the king.
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Im not against into your words but talking about those Exchange coins i dont see that it will give you 100-1000x fold or any range. These coins are normally being pumped up or increase its price depending on how popular or famous the site is.Beside on that i dont see any reasons why these things are really worth to put up some investments.Its your beliefs though towards exchange wallet but on my side,it would be nah. I think exchange tokens are dumb beyond belief and one of the most blatant marketing tricks out there. Why would you need a special token which is essentially pegged to the well-being of your exchange? For one, you don't need a blockchain token for this, you could just keep the records yourself. After all, if your exchange goes down, the token also loses all its value, so having it on a blockchain (as in it actually being a token) is pretty much useless.
Secondly, since exchanging a cryptocurrency/cryptotoken for an exchange token is pretty much like trading it against the exchange itself, the exchange could just give you an Xtoken-USD/EUR/… pair, a token gives no further utility, besides marketing and people buying into their BS.
There might be some use of tokens/coins associated with decentralized exchanges, but not when it come to ERC20 token exchanges. You could jst copy the code and get rid of the token, essentially rendering it useless.
Secondly, since exchanging a cryptocurrency/cryptotoken for an exchange token is pretty much like trading it against the exchange itself, the exchange could just give you an Xtoken-USD/EUR/… pair, a token gives no further utility, besides marketing and people buying into their BS.
There might be some use of tokens/coins associated with decentralized exchanges, but not when it come to ERC20 token exchanges. You could jst copy the code and get rid of the token, essentially rendering it useless.
Calling NTS an exchange token would underestimate the role of this coin which is in fact to support six business and banking solutions of which first will be the exchange. You know eCommerce and banking solutions need a currency and issuing its own utility token to be used on platform related transactions. I would expect a project to be clever enough to implement financial systems to improve the demand and value of it.
There are many many exchange related coins already in the market, to name a few good ones we have cob, coss, idex, aura, stm, lcs and many more, i think all of them are good and only two factors, one is the volume the exchange has and second is the overall volume of the crypto market, if both of them grow, no dount the value of exchange tokens will also grow.
I guess, you're right about an exchange token have huge potential. That maybe the reason why some of ICO (an Exchange ICO to be exact), are going to provide their own token inside. Surely, token itself will have potential if the exchange is preferably good. No one knows what exactly will happen, let see.
This exchange seems to seized the opportunity with providing 300 cryptocurrencies and 16 fiat gateways.
I dont think so.They have potential but its not huge. %20 they have chance. But who knows,for me , i dont believe that.
I would expect this coin to surpass the gains earned by predecessors such as Binance Coin etc. Initial price is quite reasonably and there is a room to growth.
Yeah , its very possible.They have good potentials.But who knows.We'll see whats gonna happen.
This exchange aims to present 300 cryptocurrencies and 16 fiat. This is the potential of this exchange.
Whilst I appreciate that the exchange token you're shilling may have great potential, there are just so many out there now (and more being announced almost daily, it seems). Some are bound to fail, whilst others will succeed.
For me, the exchange needs to function primarily as an exchange, and be successful at this core function. If they also then happen to have their own token, particularly one with a percentage of trading fees distributed to token holders/stakers, then it is interesting from a passive income opportunity.
For me, the exchange needs to function primarily as an exchange, and be successful at this core function. If they also then happen to have their own token, particularly one with a percentage of trading fees distributed to token holders/stakers, then it is interesting from a passive income opportunity.
I think exchange tokens are dumb beyond belief and one of the most blatant marketing tricks out there. Why would you need a special token which is essentially pegged to the well-being of your exchange? For one, you don't need a blockchain token for this, you could just keep the records yourself. After all, if your exchange goes down, the token also loses all its value, so having it on a blockchain (as in it actually being a token) is pretty much useless.
Secondly, since exchanging a cryptocurrency/cryptotoken for an exchange token is pretty much like trading it against the exchange itself, the exchange could just give you an Xtoken-USD/EUR/… pair, a token gives no further utility, besides marketing and people buying into their BS.
There might be some use of tokens/coins associated with decentralized exchanges, but not when it come to ERC20 token exchanges. You could jst copy the code and get rid of the token, essentially rendering it useless.
Secondly, since exchanging a cryptocurrency/cryptotoken for an exchange token is pretty much like trading it against the exchange itself, the exchange could just give you an Xtoken-USD/EUR/… pair, a token gives no further utility, besides marketing and people buying into their BS.
There might be some use of tokens/coins associated with decentralized exchanges, but not when it come to ERC20 token exchanges. You could jst copy the code and get rid of the token, essentially rendering it useless.
I guess, you're right about an exchange token have huge potential. That maybe the reason why some of ICO (an Exchange ICO to be exact), are going to provide their own token inside. Surely, token itself will have potential if the exchange is preferably good. No one knows what exactly will happen, let see.
I dont think so.They have potential but its not huge. %20 they have chance. But who knows,for me , i dont believe that.
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