New exchange tokens worth investing on??? - page 3.

DarkTrix

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Quote from: Rowenta on August 08, 2020, 01:38:41 AM

Not all exchanges have better support for their tokens, it's wrong to invest in every new exchanges you see, you can never tell how good or hard working the team will be, it's better to invest in cheap tokens like Houbi token, ZB token, and other few exchanges with cheap tokens

Houbi token is probably the most stable token. The price has not changed for a long time. Stability Wink

Rowenta

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Not all exchanges have better support for their tokens, it's wrong to invest in every new exchanges you see, you can never tell how good or hard working the team will be, it's better to invest in cheap tokens like Houbi token, ZB token, and other few exchanges with cheap tokens

trauchot

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You can invest in exchange tokens that have entered in the cryptocurrency market long time ago and wait when these exchange tokens will start grow in price in order to get a profit, or, of course, invest in exchange tokens from new cryptocurrency exchanges, but here it will be hard to say in which exchange tokens its better to invest.

xOdiumNostrumx

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Quote from: target on August 07, 2020, 03:08:56 PM

The thing with centralize is that it collects KYC data which is going to be a lot different now than it was 5 years ago. There are exchange with better technology and governance to its token holder like dividends from the fees collected within the 24hour trading volume.

Sure, but centralized exchanges will exist probably forever in this space, so why miss a potentially good investing opportunity. I am totally for the domination of decentralized exchanges over the centralized ones, but there is still a lot of money to be made in the centralized space.

aemma

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I will say they are not worth it as it stands now because top exchanges have taken a very good spot and/or positions in the crypto space thus people will most likely invest in them because they are sure the team will keep working in order to improve the platform which will in turn make the token more valuable.
Another reason I think it is not worth it is because, with Defi hype, all attention has been adjusted to the Defi projects hence people will also find it better investing in them than some new exchanges which is yet to prove its capabilities. But yet, there can still be exemptions however in this case, the team behind the new exchange will ensure to keep working while developing new and attractive features which will bring in more users; this in my own opinion, is how Binance keeps growing.

BeginToMine

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First of all investing on new projects without checking the authenticity of it may end of hurting. Many exchanges surfaced newly and it caused for close monitoring. We have exchanges Everywhere so it doesn't mean you will have to invest in all. Many couldn't taste time and folded. I still prefer old standing firm exchanges with good team but let's always check before investing as some are good and many bad. Reason why CMC lists them after some months.

posi

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Quote from: ?? on ??

The only way to make a good profit from the exchange token is to invest in it when the exchange still in the early phase. Yes, this meant there will a lot of risks but I think it was well worth return when the exchange become mainstream. Your three exchange token is quite established already but I think they still have some chance to grow since the exchange hosting them is the very best. It is really up to you.

Thats also not a way to make a good profit through exchange token and if you understand perfectly that some crypto exchange site have shut down this year. However, the best way to make good profit through exchange token investment by invest token own by good traffic and liquidity exchange site.

MUG1WARA

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why are you looking for a new exchange token? it is very high risk you better invest in a token exchange that has been developed. One of the bad exchange tokens some time ago was BCNEX, look at the many people who lost money there

Diamond_Darrell

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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

Of course, I'm a bad advisor (I have no experience of investing large sums of money), but I would not invest even a small amount in exchange tokens. What for? There are stabile coins (BTC, ETH), they may give less profit, but they will, and the exchange will close or undergo attacks, as it happens, and the price will go down rapidly

target

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I'm still up to shill the exchange token I have invested for more than a year now and it had just pumped too which the token is VX. This is a token from Vitex.net decentralized exchange.

Quote from: xOdiumNostrumx on August 07, 2020, 02:48:58 PM

There is one completely fresh exchange project called ACDX which will launch in a few weeks apparently. Former OKEx exec is behind it and they will "attack" the derivatives trading market, so a lot of room for growth and maybe a solid investing opportunity. They are doing private sales right now if I recall correctly.

The thing with centralize is that it collects KYC data which is going to be a lot different now than it was 5 years ago.
There are exchange with better technology and governance to its token holder like dividends from the fees collected within the 24hour trading volume.

xOdiumNostrumx

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There is one completely fresh exchange project called ACDX which will launch in a few weeks apparently. Former OKEx exec is behind it and they will "attack" the derivatives trading market, so a lot of room for growth and maybe a solid investing opportunity. They are doing private sales right now if I recall correctly.

pandanaran

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yes this is the crypto industry, sometimes it's always unpredictable, including some of the cryptos that you mentioned above first appeared to have low prices and now have high selling prices. In essence, Nobody knows which one will be profitable for investing in the future. but reconsider with new projects now, maybe like Kucoin and chainlink, have big opportunities in the future.

Iyanu14

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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

I will love to invest in Binance Token (BNB) because I have really studied it for some time now and I can see it's a good token to spend money on. Moreover Binance is the best exchange for now. Furthermore, I also want to invest in Probit token and stake it so that I can earn interest on my staking

conkeconke

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Quote from: BuHoBeH on July 23, 2020, 10:08:42 AM

Quote from: robattfield on July 23, 2020, 06:39:21 AM

Quote from: BuHoBeH on July 23, 2020, 06:32:53 AM

https://nominex.co/ = NMX Token

Never heard of this exchange, this is the first time I saw it. So I guess it is not so popular in this market. It is risky to invest in it. It is best to only select tokens from the largest exchanges in this market to invest

If you want to multiply, you need to take risks, you can also earn these tokens every day by trading on their platform.

Yes, take a risk but there should be some certain point that the risk is outweighed the benefit its could bring back. Don't invest in the exchange tokens from some low-tier exchange because that's too much risk. Stay at mid or high tier exchange at least.

GreenStox

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Quote from: jcpone on August 01, 2020, 07:53:30 AM

Quote from: Bossfidelity on July 31, 2020, 08:04:47 AM

In my opinion, It's better to stick with the popular exchange tokens like that of binance and other global exchanges. Investing in medium exchange tokens may be risky and the Returns are not quite encouraging. Crytocurrency exchange is a quite risky venture and several great exchanges in the past has gone down the drain and several others we thought are good, just like bcnex, ended up exiting the space, Leaving the holders stranded.

No doubt that BINANCE at the moment is the most trusted top exchange in cryptocurrency. The volume will surely be flooded, together with their community as well who will use their platform to trade their own coin choice. But in the new exchange it will be hard for me to invest in it, due to there is no proof yet to say if it is safe or not.

and it will be difficult to compete with a large exchange of that class, there is still a possibility but it must have a role or thing that is different from usual, to create new things that are not in the current exchange.
an example is the bittrex market which has existed since 2015 but can be defeated by new exchanges such as binance kucoin, from the daily volume, the service may also be mediocre.

jcpone

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Quote from: Bossfidelity on July 31, 2020, 08:04:47 AM

In my opinion, It's better to stick with the popular exchange tokens like that of binance and other global exchanges. Investing in medium exchange tokens may be risky and the Returns are not quite encouraging. Crytocurrency exchange is a quite risky venture and several great exchanges in the past has gone down the drain and several others we thought are good, just like bcnex, ended up exiting the space, Leaving the holders stranded.

No doubt that BINANCE at the moment is the most trusted top exchange in cryptocurrency. The volume will surely be flooded, together with their community as well who will use their platform to trade their own coin choice. But in the new exchange it will be hard for me to invest in it, due to there is no proof yet to say if it is safe or not.

Bossfidelity

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In my opinion, It's better to stick with the popular exchange tokens like that of binance and other global exchanges. Investing in medium exchange tokens may be risky and the Returns are not quite encouraging. Crytocurrency exchange is a quite risky venture and several great exchanges in the past has gone down the drain and several others we thought are good, just like bcnex, ended up exiting the space, Leaving the holders stranded.

TastyChillySauce00

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Quote from: bayudndy on July 31, 2020, 05:02:09 AM

These are the 3 best exchanges in this market, and all deserve your investment. But Binance has a much bigger hype so prioritize investing in it, then allocate your budget appropriately on next those altcoin.

Binance is overvalued compared with another coin but I can say binance is the best exchange site at this moment but the features that can be used by the BNB holders less attractive compared with other exchange sites. As long as that was running by legit team and it will be a potential token.

FairUser

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Quote from: Dollar_Hunter on July 31, 2020, 06:12:39 AM

Quote from: bayudndy on July 31, 2020, 05:02:09 AM

These are the 3 best exchanges in this market, and all deserve your investment. But Binance has a much bigger hype so prioritize investing in it, then allocate your budget appropriately on next those altcoin.

Binance has been trusted by all investors and all traders, saving funds there is very safe, Binance always provides good service,
it looks like they are always doing maintenance

Those are regular maintenance to improve the system. And just like you said, Binance is the best exchange and we should invest in BNB to be more profitable and safer.

Dollar_Hunter

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Quote from: bayudndy on July 31, 2020, 05:02:09 AM

These are the 3 best exchanges in this market, and all deserve your investment. But Binance has a much bigger hype so prioritize investing in it, then allocate your budget appropriately on next those altcoin.

Binance has been trusted by all investors and all traders, saving funds there is very safe, Binance always provides good service,
it looks like they are always doing maintenance

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