New exchange tokens worth investing on??? - page 11.

thekrakennnm

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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

These are really good picks. Especially BNB it showed insane growth and returns last year. Pretty sure the story will repeat again this time.

bgaf

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If the platform is good and well maintained maybe worth to invest with. But I reckoned some of these new exchanges have only 50% to survive or be considered in the competition on the list of markets of OP. I rememberes these exchanges digitexfuture and bcnex, both have a good marketing strategy and even dgtx has pumped now they are un noticed again. Bcnex is popular during their promotions and has a lot of partnership but as far as I remembered there are some complained on withdrawals on their platform and never heard again any sign of good news. The last time I see them promoting was the trading competition with harmony but now they are good as dead project.

JahriMeayer

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Paramountdax is still fairly new, the price of their new token has already been listed on their Exchange too, but what I am waiting for is Dacx (digital assets & commodity exchange), I see their ceo doing interviews with nasdaq on their YouTube channel, it seems interesting

landoffaucets

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ParamountDax has launched its profit sharing exchange, if you hold some PRDX you can participate on the company's profit. The exchange has pretty high volume and the token' s price is pretty cheap, so it could be a great buy.

gundala

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

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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

That's good if you understand the opportunities of this exchange token. But we know that the risk to invest in new projects is very high, moreover, we are in the middle of a pandemic. In addition to the three token exchanges you mentioned, there are several other token exchanges that have a good opportunity to continue to grow.

^{https://t.me/ico_analytic/1848}
All decisions depend on your choice, as long as you understand the risks and do an in-depth analysis before deciding to invest

cytpoway121

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Investing is your personal decision, but offering my personal choice, i doubt the fact that investing in exchange tokens will be worth it.

I personally do not like exchange tokens, but if you want to try out, look towards binance token and do your research

doctor877

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Probably we should also think about those ones that didn't worth anything now. If three is doing well out of many then it will be a loss for someone that has been investing in many of them. I bought bitsdaq token back then and it's useless now. I won't try to invest in any new exchange or rather I invest what I can afford to lose.

BlackFor3st

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I would not be so trustful with new exchanges, you can burn your fingers with ease if they have bad intentions.

monineklutak

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if you want to invest in the New Exchange, of course it is good action, and risk, if the exchange is successful I am sure your investment will get 1000%, look at what happened to investors Huobi, BNB, they are satisfied

tabas

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Binance coin is likely to be the top choice of all. How about the token of IDEX? the known decentralized exchange before but suddenly changed themselves and started to have their own coin that can also be used in staking.
https://idex.market/staking

wingfield_crypto

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Quote from: amos77978 on May 14, 2020, 08:30:54 AM

why not buy the tokens of these so called successful exchanges just like you've claimed.. instead of buying into new exchanges you're not even sure of?? just because those 3 exchanges you've mentioned are successful so far doesn't mean other companies who'll follow same step will make it big in the crypto space.. else you have alot of bag and you're ready for too gamble with your cash

He said he thought he was worth the risk. He probably wants a considerable profit and is thinking of investing a smaller amount of money, hoping for multiple profits.
Indeed, there is little chance of success for him with this strategy.
I prefer to invest in successful projects, waiting for a bull run. I don't trust ghost exchanges and their coins.

danherbias07

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Yes, but we don't know what will happen in the future and that is why we didn't bought a lot of it specially Binance.

The chance was there but just like Bitcoin the future is untold.
Who would really thought it could bring real value someday.
Those who have balls did it. High risk, high profits.

durilup

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Today almost every exchange has their own token/coin but if you bought them you need to be careful . If their exchange will be hacked automatically there will be a massive dump . I would recommend you to start with safe coins like bitcoin/ethereum

Slow death

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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

i am having difficulties to understand how 99% of projects that go wrong do you intend to be able to find a project that is good? you should already know that there are few new exchanges that manage to get some decent volume and become popular these days, so why do you want to risk your precious money by investing in something that has little chance of success?

Quote from: isaac_clarke22 on May 14, 2020, 11:14:31 AM

Just start with Binance for BNB, and for other coins, I am not sure about it though.

BNB now has $16, I think investing in it can be a little risky, if he had bought in March for the price of $10 it would have made a good choice

isaac_clarke22

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Just start with Binance for BNB, and for other coins, I am not sure about it though.
Don't stray too far in strange or not that known of an exchange, as pretty much some exchange tend to freeze users fund ending up to be a moneygrabber that we always know.

nreal

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If you've considered 99% of new exchanges to be bad, why did you decide to invest when there was only 1% chance of winning ?. Why don't you invest in Binance, Okex your chances will be higher?

gocryptowise

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My favourite is Binance still. I've used OKEx, Kraken, KuCoin and Bittrex mostly in the past years. And they are all fairly good. It all depends on what you want to buy, and for how much.
There are lots of other new exchanges that I've never heard about when checking Coinmarketcap or similar. Mostly are full of fake volume, so rather just keep to the main ones. And not the ones from some dodgy little Island paradise where it is more likely they will scam you at any point.

You can find some other exchanges here also (https://gocryptowise.com/exchanges/).

pakhitheboss

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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

You right these exchange coins were once dirt cheap but you still cannot guarantee that you will be able to profit by investing in a new exchange. For instance you can check kucoin they also have their native coin. At the moment it is cheaper than the above listed coin. You shoul give it a try.

Tahid12

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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

Nowadays new exchanges are full of scam but There are many people who would like to try theirs luck by investing with those new token. Just think about them who had trust & bought tokens like binance, okex or huobi Grin

tycsols

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The criteria and competition for exchanges has become very tough now so you cannot just jump into every new exchange platform rather you need to perform checks and due diligence and may be you will find one amonv dozens that can go as far as binance and okex but i think next exchange boom will only come when crypto market will hit new all time highs like 2 trillion trading volume only then a new winner exchange will emerge because it will be able to handle latge userbase, volume and transactions.

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