New money enters the market and most of the time at this stage or in the nearing price increase cycle, CEX always plays an important role as a means to help everything be distributed effectively. And it is not too strange that the main CEX token will also be pumped, and some new CEX appearances will be generous in the marketing process to attract customers through many forms.
I myself have some plans with BNB and OKX, and indeed they have brought what I really need. We are just at the beginning and there will be many changes in the near future. In the future, there will be more beneficial scenarios for investment. Anyway, investment will have many different results, even in terms of looking for CEX for speculation, please consider carefully.
Topic: Performance of Exchange and their Token - page 2. (Read 264 times)
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Surprisingly those Bitget spammers got the top 2 spot and overtake almost all of the new exchanges. I never use this exchange before and I will never use this in the future due to the shill type you guys doing here in the forum.
I’m surprised that you forgot to include Kucoin on your list while it’s one of the oldest CEX that has a huge volume too probably next to Binance. Their KCS token too is also performing well. I doubt that the guy who created the graphics forgot it or else you guys just want to show Bitget getting the top 2 spot next to Binance?
I’m surprised that you forgot to include Kucoin on your list while it’s one of the oldest CEX that has a huge volume too probably next to Binance. Their KCS token too is also performing well. I doubt that the guy who created the graphics forgot it or else you guys just want to show Bitget getting the top 2 spot next to Binance?
Hmm. FTX is a different story on its own.. I am also one of those who got affected from the crash and I can tell you, there is a big difference between the two starting from those who are the face of the bitget exchange with good reputation. Looking at Messi and then, Grcay Chen who kept empowering women to crypto.
There's nothing different, FTX was a big exchange with good reputation. Any business will not last forever, so if you plan to hold exchange native token, be sure to know when you will sell it otherwise you will lost all of your money. Bitget has a bad impression on this forum, so I won't be surprised they would fall, usually if the business success in short time, it will end in short time too.
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That Ftx never had, rather they were backed by politicians who use users' money for their political greed
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there's indeed some correlation toward the price of most exchange coin towards the performance of the exchange itself but I think some might have some other factor that could contribute towards its growth with the case of binance, having its own blockchain, being utilized heavily to pay gas fee on the chain, as well as having so many projects deployed on the BSC that truly depends on BNB and requires staking some BNB in itself I believe also the reason why BNB could grow so significantly.
it still can't be refuted that the impression of the exchange themselves also what urges people to buy the coin, like basically back then when binance was having some lawsuit i remember the price of BNB was also shaken a bit so there's clear relation here.
its just that sometime the price might hold on until shit hits the fan just like the case of FTX back then.
it still can't be refuted that the impression of the exchange themselves also what urges people to buy the coin, like basically back then when binance was having some lawsuit i remember the price of BNB was also shaken a bit so there's clear relation here.
its just that sometime the price might hold on until shit hits the fan just like the case of FTX back then.
Their tokens tend to do well over time because they hold token burns and also reward the token holders with much reduced trading fees in their platforms. FTT was another toke that was so promising before the FTX collapse.
The only reason I fear them is that should anything happen to the native exchange, the token will dump so hard and sometimes may never recover at all.
Hmm. FTX is a different story on its own.. I am also one of those who got affected from the crash and I can tell you, there is a big difference between the two starting from those who are the face of the bitget exchange with good reputation. Looking at Messi and then, Grcay Chen who kept empowering women to crypto. That Ftx never had, rather they were backed by politicians who use users' money for their political greed The only reason I fear them is that should anything happen to the native exchange, the token will dump so hard and sometimes may never recover at all.
Their tokens tend to do well over time because they hold token burns and also reward the token holders with much reduced trading fees in their platforms. FTT was another toke that was so promising before the FTX collapse.
The only reason I fear them is that should anything happen to the native exchange, the token will dump so hard and sometimes may never recover at all.
The only reason I fear them is that should anything happen to the native exchange, the token will dump so hard and sometimes may never recover at all.
Exchanges that tend to do well have more chances of releasing a token that could also exceptionally well.
Of course if there are more people or clients using that particular exchange, you can expect them to trust that exchange and by extension trust the token that they will release as well. Tokens have some advantages for those who use it and the exchange so their success goes hand in hand
What you said is indeed correct. Recently I have noticed the coins listed from the top 2 Cex (Bitget and binance) particularly the former and most of them are doing exceptionally well. As of last month I talked about some of the memecoins I got from the cex and the profit made Of course if there are more people or clients using that particular exchange, you can expect them to trust that exchange and by extension trust the token that they will release as well. Tokens have some advantages for those who use it and the exchange so their success goes hand in hand
Exchanges that tend to do well have more chances of releasing a token that could also exceptionally well.
Of course if there are more people or clients using that particular exchange, you can expect them to trust that exchange and by extension trust the token that they will release as well. Tokens have some advantages for those who use it and the exchange so their success goes hand in hand
Of course if there are more people or clients using that particular exchange, you can expect them to trust that exchange and by extension trust the token that they will release as well. Tokens have some advantages for those who use it and the exchange so their success goes hand in hand
I don't know how many people do this, checking exchanges on monthly basis to know their performance and know how to go about them. This is a source from Coinglass that shows the top cex that has done well this month.
Not only that, I don't know how many remembered this post I made last month on different exchanges with their potential of getting to high places. If you check BGB you did notice that it done over 5X and now trading at 1.2. BNB as well has risen back since then
https://bitcointalksearch.org/topic/--5485475
This is one of the simplest analysis that will tell you and show you how far not only an exchange can go but also how well their token could be in the long. I hope this help someone there trying to make decisions on exchanges to use and their token and for what purpose.
Not only that, I don't know how many remembered this post I made last month on different exchanges with their potential of getting to high places. If you check BGB you did notice that it done over 5X and now trading at 1.2. BNB as well has risen back since then
https://bitcointalksearch.org/topic/--5485475
This is one of the simplest analysis that will tell you and show you how far not only an exchange can go but also how well their token could be in the long. I hope this help someone there trying to make decisions on exchanges to use and their token and for what purpose.
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