New exchange tokens worth investing on??? - page 10.

robelneo

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Quote from: JHORN on May 14, 2020, 08:02:14 AM

1. Binance (BNB Token)
2. OKEX (OKB token)
3. Huobi token

Once upon a time these exchange tokens are dirty cheap and look how amazing they are today, now if you don't mind please fill me with some information

Kucoin on its all-time high was worth $15 now it's worth less than a lower and it is still has a good potential in the market, we can classify Kucoin as one of the leading exchange in the market, not to mention their profit-sharing scheme for all their traders, this is the best time to buy Kucoin while they are cheap.

lienfaye

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You want to try the new exchanges because they will offer a cheap price for their coin right? If you're willing to risk your money to these exchanges and aware of the consequences then its up to you.

But for me i'd rather invest in already reputable exchanges to make sure my money wont be wasted. They started in scratch but established now so its worth for my money.

maxreish

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Why not try binance? There BNB token is worth to invest and trade too. I don't also wanna try some new exchanhes popping up in crypto market. I've also heard about okex token but did not try it yet. While I can recommend only Binance coin because I always trade and hold some of it. Since they have strong platform, their token still one of the best altcoin to choose from.

michellee

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If you can accept anything that can happen with what you get later, and you can take the risk to spend some money in the new exchange or new project, then you are free to invest with them. But new exchanges need to prove that they can compete with the other exchange so they can survive among the other. That will not easy because they need to get more support from the traders, and they need to give protection to the members from the bad thing.

Kvalentine

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Going after new exchanges is dangerous, they can exit scam anything, Probit and others on par with the exchange are dangerous, anything can happen, I know top exchanges have rough pasts most especially Okex exchange but they prove investors wrong later

Shallow

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Quote from: JHORN on May 14, 2020, 08:02:14 AM

I will like to drop my likes for few altcoin projects for some minutes and talk about one particular use case in crypto space today that hardly goes wrong unless the team have bad intent from scratch, that's Exchange Platform, most new exchanges are 99% bad but I will like to give a try, I'm looking or seeking for a fresh new exchange token that I can invest little money on, I think it's worth the risk after seeing how successful some people turned after investing in the follow exchanges

1. Binance (BNB Token)
2. OKEX (OKB token)
3. Huobi token

Once upon a time these exchange tokens are dirty cheap and look how amazing they are today, now if you don't mind please fill me with some information

New exchanges are still new crypto projects, and from recent happenings, new projects has seemed to be more risky and which is also the reason most people are finding it hard going for any new projects thereby focusing on more developed ones. The exchanges you mentioned has a very good team who only want success and they achieved it; on the other hand, what is the assurance that new exchanges will have a good team who have passion for development? Therefore I can suggest, you make your careful research on upcoming exchanges, know the risks and then giving them a try or you can still go for other good exchanges token.

dserrano11

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I suggest you consider the Koinpro exchange, which is located just below my signature. It has an insurance package from BitGo worth $100 million.
BitGo has provided organizational-level security for digital assets since 2013 and features advanced cold storage technology, including bank-grade Type III vaults and strict controls designed to be practical to eliminate the risk of loss.

Peanutswar

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It takes time before the coin becomes to the moon but still if you want to try to make an investment on the Binance token why not because it has already a value of 16$ that makes you make more profit and use for this on your trading or anything you would like it takes time before a coin becomes more profitable and one thing I believe if you want to make an investment for the new coins all you need is just trust to make sure it gives you a huge market profit soon.

Ken_terrance

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Making Smart Money Work

Maybe you are thinking that invest on these top exchange tokens is too late? If I were you I will invest in BNB token and Okex token too, it's not too late and they can still grow bigger in future, Bitcoin was 3$ some years ago and it keeps growing

bitgolden

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Quote from: JHORN on May 14, 2020, 08:02:14 AM

1. Binance (BNB Token)
2. OKEX (OKB token)
3. Huobi token

Once upon a time these exchange tokens are dirty cheap and look how amazing they are today, now if you don't mind please fill me with some information

If you believe into such exchange tokens are having definite future then this must be a great time to get into with long term plans on exchange tokens which must be wazirx. Wazirx is a binance's India based crypto exchange to serve the millions of crypto adopters in India. By considering India's population and its recent growth in Internet usage (which must be the basic for adopting a epayments), wazirx tokens may find a boom like other exchange tokens you have mentioned.

I read wazirx token was initially air-dropped for new registrations in wazirx and for referrers as well. This may be one factor we must consider for short term calculations as most cryptos which had air-drop must face dump phase in short term but wazirx already started accepting wrx tokens for availing 50% discount for its traders. So, it may start rising slowly and I guess we can expect at least 25% of success of BNB tokens in any worst case.

Python Master

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Quote from: Doranile432 on May 15, 2020, 02:05:20 AM

Stay away from new exchange tokens and you will be fine, new exchange tokens like Vindax, coinsbit etc, they are low rated and dangerous, you can use coingecko exchange rating to find well rated exchanges, top rated exchanges are better

Why? OP is finding new exchange to invest in. Any new exchange can become a big top exchange in the future. Time changes everything. We have seen what happened to exchanges in just 3 years. Polinex, Bittrex became bad. Binance Okex, Kucoin become top exchanges.

Quote from: xSkylarx on May 15, 2020, 01:58:21 AM

All these exchanges started from scratch if you believe a new platform is worth investing to then why not give it a try. Just like any other investment as long as you make an in-depth research feel free to do so. Any of this new exchange can grow as big as the current big exchanges right now.

You're right. As I say above. Any new exchange can become a top exchange as Binance now. Invest in new exchange is not a bad idea, just need careful research.

Doranile432

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Stay away from new exchange tokens and you will be fine, new exchange tokens like Vindax, coinsbit etc, they are low rated and dangerous, you can use coingecko exchange rating to find well rated exchanges, top rated exchanges are better

xSkylarx

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All these exchanges started from scratch if you believe a new platform is worth investing to then why not give it a try. Just like any other investment as long as you make an in-depth research feel free to do so. Any of this new exchange can grow as big as the current big exchanges right now.

Stanlo

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In the past bitfinex used to be the number one exchange on people's mind until binance came around and steal it's crown, I believe anything can happen on crypto space, a new exchange can come up tomorrow and beat binance, it's possible, but for now binance is 100/100 for me, they are doing all they could to make crypto space a better place, hackers won't escape with all stolen funds successful

Python Master

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Activity: 406

Merit: 1

Invest in token of new exchanges never be a bad idea. If the exchange can keep acting well in a year, its token will increase hundred times. Problem here is how to evaluate a good exchange to invest. New exchanges come every month. If you have good ways to evaluate an exchange please share here so we can discuss.

Bitbtc8

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It seems you are looking for cheap tokens from exchanges if I'm correct, ZB token is still cheap, trading at 0.22$ an Probit (PROB) is trading at 0.16$, still I suggest you go with kucoin and other top exchanges tokens, they are lot safer

Bitstar_coin

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I believe there is room for other exchange to succeed, it can not be only Binance, Okex, Houbi, Kucoin to have a good platform coin, I think we should start looking for new opportunities as well, recently I came across some upcoming exchange I am doing a bit of research on and hopefully they are worth the attention,
for now I can't share any information about them because I myself am not sure if they are worth it, I don't want to be the reason for having a bad investment,
I just believe there can still be new exchange that will perform as good as the top existing exchange at present.

DarkDays

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Most of these exchanges came around during or slightly after the 2017 ICO boom, which means they benefitted from a huge amount of initial bullish speculation and investment.

As you are probably aware, the market is a completely different beast now, and investors are more careful with their money.

The fact is, the market is already dominated by Binance, Huobi, Bitfinex etc. You could say it's saturated.

Unless another platform comes up and genuinely has the platform to rival these, it's unlikely it's utility token will pump to the same degree.

I'd personally stay away from them until a truly gamechanging DEX shows up.

jessyj48

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It's better to wait for price dump, like build your exchange token portfolio when another bear market takes control, you will be able to buy Okex token, huobi token at cheaper rate, atleast under 4$ to 5$, you can also do your own research on wazirx, it's new and promising

Sanitough

hero member

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I suggest you look at the existing exchange than the new one, the market has really change a lot, new projects have a hard time surviving and most of them will just likely to fail in the end.

With the current list of exchange, Binance or BNB token is the most successful and I believe with their very active upgrade of the project, the demand will continue to increase, hence the value will always follow.

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