New exchange tokens worth investing on??? - page 8.

cabron

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Quote from: HunterUnchained on May 17, 2020, 02:57:23 PM

In my opinion, investing in the more stable crypto exchange tokens is much better than investing in any randomly selected exchange token and watching your investment go to waste. There has been a proliferation of exchanges and with them, exchange tokens that have mostly gone under leaving investors with sad tales and woes. I think most of these upcoming exchange tokens are overrated and only built on the hype surrounding the successful ones in the industry. Bcnex came with that same push and hype and ended up scamming and defrauding a whole lot of investors. Be careful how you go about these exchange tokens.

Choosing a good exchange token to invest wouldn't be hard if you only search which one has the best potentials. Definitely BNB has to be the first on the list but there are more and as long as the exchange has traders with it that traders are actually going there, the exchange token must have value. I never thought KCS would have a good value from the start but its price is becoming profitable. QASH must be a good investment.

HunterUnchained

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In my opinion, investing in the more stable crypto exchange tokens is much better than investing in any randomly selected exchange token and watching your investment go to waste. There has been a proliferation of exchanges and with them, exchange tokens that have mostly gone under leaving investors with sad tales and woes. I think most of these upcoming exchange tokens are overrated and only built on the hype surrounding the successful ones in the industry. Bcnex came with that same push and hype and ended up scamming and defrauding a whole lot of investors. Be careful how you go about these exchange tokens.

Darktongue

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Quote from: Mighty_crypt on May 14, 2020, 10:46:05 AM

You've made mention of the best exchange tokens already why seeking out for another? New exchanges are risky, don't not risk it, I'm still tracking ez365 exchange token to see how zealous they are but nothing is guaranteed with new exchanges, go for Okex token, still cheap and profitable

ez365 exchange process is very low, after finished bounty still no news of products. I think trust isn't everything suppose one exchange has huge trust but hasn't any new features. New exchange will rise but most of it scam, you have to take huge risk. Still now I would suggest for Hydax exchange but do your best research on everything.

Valzador

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Quote from: JHORN on May 14, 2020, 09:02:14 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

Why did you buy so many exchange tokens? If you buy Binance coins and Okex tokens, logically, you will not be able to benefit because users of exchange must be divided, you know what I mean.
It's better to buy tokens in two different fields.

key4co.in

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Quote from: BlacksmithCorporation on May 16, 2020, 12:33:49 PM

If it were me I'd invest in the coins of reputable exchanges instead of risking investing in new exchanges, the new exchanges could disappear at any time.

Well, your point is correct but it depends on the new exchanges. Exchanges like WAZIRX for example backed by Binance can't just disappear per say, so I think WRX won't be a bad idea even though I'm not interested in holding new exchange tokens. The fact that BNB, OKB, HT did pretty well doesn't guarantee that the new ones will follow suit.

mersal

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Only if the exchange is getting increased volume from time to time and also the token got good trading volume means then its better to invest but if you are going to invest in completely new exchange's token then I feel its a suicide decision.

BlacksmithCorporation

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If it were me I'd invest in the coins of reputable exchanges instead of risking investing in new exchanges, the new exchanges could disappear at any time.

kingzpro

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DIFX - Digital Finacial Exchange

If you are ready to take the risk then go ahead but make sure you do proper investigation about the genuinity of the exchange and the team because there have been many low quality or fake exchanges around as well so you have to be very careful while investing.

jcpone

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Quote from: JHORN on May 14, 2020, 09:02:14 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

Those exchange you mentioned in the above are all good actually. But I'm not using any new exchange platform
that has been arise at cryptocurrency, I preferred to use the top platform exchange at the coinmarketcap as well.
Because platform has been proven and tested already too.

disconnectme

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In 2018 and 2019 exchange tokens were doing well because they are somehow undervalued but people have realised that now and most of them are premium, find a new exchange token that would do BNB would be difficult reason being that exchanges business is saturated now and it is a business that depend on new users, so it would be difficult to get new users to their new platform

memed97

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Quote from: kapalmabur on May 16, 2020, 11:32:27 AM

makes me think of the BCNEX Exchange, I'm a fan of BCNEX but that was past, now they are SCAM, maybe a lesson for us is that new exchange is very dangerous, don't always believe

True, new exchanges with teams that are not solid will always lose out in competition, so they make scams indirectly, like the BCNEX exchange which was initially very good, then turned into a scam after the team made a closing on the withdrawal menu.

Greatdev

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Sovryn - Brings DeFi to Bitcoin

I guess you are talking about exchange tokens, well few of them are good just like you made mention if binance token, Okex token and huobi, there are still few others from popular exchanges, I don't like the idea of hunting for new exchange tokens, I remember what happened to BCNEX

cassavachips

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Kucoin also has KCS for their exchange and that's not too bad to date. For me, seeing a good exchange project through the ease of using the exchange is likely to become a great exchange, with them prioritizing security, simple, user friendly, then it will provide an easy way for an exchange project to be liked by everyone.

Alert31

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Trident Protocol | Simple «buy-hold-earn» system!

It is possible for the new exchanges worth your money if those exchange where going to be like Binance or Okex. Those popular crypto exchange is realy good in trading and so far i didn't encounter any problem regarding deposit and withdrawal. I trusted those exchange. In choosing an exchange to invest must need to watch and study first before entering and putting your funds there because some of them are just waiting a target to scam. Alwaysbe careful to avoid the risk.

sandra_x

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There are a lot of considerations for cryptocurrencies exchanges project. The most important being security, many traders are reluctant to use new exchanges for that reason plus the fact that thy usually have low trade volume. New cryptoexchange projects should really be big-heavily;funded to make an impact. Otherwise, their token is not likely to do well

kapalmabur

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Quote from: tiang_tower on May 16, 2020, 10:41:07 AM

Quote from: AbNewton on May 16, 2020, 10:13:54 AM

Every day in the cryptocurrency, new trend, new craze pop up but I think the exchange token was the big thing of the last-gen. The exchange competitive scene kinda oversaturated that I doubt any more new exchange token could make a break even out of BNB, OKEX and Huobi token.

Yes, I also doubt that the new exchange tokens can make an impact point with BNB, OKEX and Huobi tokens, because the three exchange tokens are already very popular in the cryptocurrency space, so that the three of them are preferred by many people, rather than tokens from the new exchange.

makes me think of the BCNEX Exchange, I'm a fan of BCNEX but that was past, now they are SCAM, maybe a lesson for us is that new exchange is very dangerous, don't always believe

ScamViruS

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Top Crypto Casino

Now there are many exchange coins in the market. You have to find out which of these has a bright future. Already many promising exchanges have taken investors funds by making huge dumps in the coin market. Again, many exchange tokens have changed people's lives. But there is no basis for all the coins to give the same result. For this, many people do research to invest in exchange tokens. So by researching and investing the funds in a few coins, you may get good results in the future.

bobyhodob

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Quote from: tiang_tower on May 16, 2020, 10:41:07 AM

Quote from: AbNewton on May 16, 2020, 10:13:54 AM

Every day in the cryptocurrency, new trend, new craze pop up but I think the exchange token was the big thing of the last-gen. The exchange competitive scene kinda oversaturated that I doubt any more new exchange token could make a break even out of BNB, OKEX and Huobi token.

Yes, I also doubt that the new exchange tokens can make an impact point with BNB, OKEX and Huobi tokens, because the three exchange tokens are already very popular in the cryptocurrency space, so that the three of them are preferred by many people, rather than tokens from the new exchange.

all the coin prices you mentioned have direct support from the exchange place and I think it is very easy to make the price expensive because the exchange can launch various developments that can make the tokens owned by the exchange can be useful for many people.

Denreal

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Quote from: t3m4nc0k on May 16, 2020, 07:07:57 AM

I remember, last year BCNEX was a new platform that was predicted to be big in the future and many people started buying tokens from the platform, even one of my friends bought a bcnx token for around $ 1,000 but apparently until now the platform looked scam. so if the possibility of a 99% scam why do you still want to invest in a new platform? better investment in a well-known platform token

Do not remind me of this platform again.
It does not look like it's a scam exchange, but an outright scam exchange. I could remember there was a lot of hype when they were making sales, many invested in it and all of a sudden, they disappeared.
They started by denying people of their withdrawal and gradually, everything looked like a dream. Till date, the exchnage site is still opening and when you attempt your withdrawal, it will be on pending.

Golftech

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Quote from: tiang_tower on May 16, 2020, 10:41:07 AM

Quote from: AbNewton on May 16, 2020, 10:13:54 AM

Every day in the cryptocurrency, new trend, new craze pop up but I think the exchange token was the big thing of the last-gen. The exchange competitive scene kinda oversaturated that I doubt any more new exchange token could make a break even out of BNB, OKEX and Huobi token.

Yes, I also doubt that the new exchange tokens can make an impact point with BNB, OKEX and Huobi tokens, because the three exchange tokens are already very popular in the cryptocurrency space, so that the three of them are preferred by many people, rather than tokens from the new exchange.

Those exchange already established good business with traders and investors, if there's no project that will introduced same concepts it won't be affected since there are already people who are supporting this sites / exchange and if ever some might go and try the service of new exchange probably they'll be back once they've not getting any offers that gives them advantage.

Topic: New exchange tokens worth investing on??? - page 8. (Read 1874 times)