Bitcoin Forum

what do you think of exchange tokens/coins like fcoin, so many project are trying to make a similar one. like coinpark... what would you expect for exchange coins??

The market of cryptocurrency is on demand now. With the ever increasing popularity of the market of cryptocurrency as well as the bitcoin, different types of coins are coming to the market. We are seeing the entrance of tokens and different projects also. I think for the new investors, bitcoin will be the best.

I'm unfamiliar to these coins. But, I'm looking forward to know about these in future or may be through this post.

The market has expanded given that are more than 1500 coins in the market. New and vast thing are coming up such as tokens. Before there were only bitcoins and not additional tokens have come in the picture as well. Both are good and are being equally accepted by the people.

Exchange Tokens are great on their exchanges for the fact of the convenience they bring to traders on their exchange. The likes of BNB, kucoin had did great and doing fine presently by giving discounts to traders paying trading fees with their exchange coin. Let’s hope for more good from others too

I have not heard of the coins you mentioned, but this is crypto, so many project is popping up everyday;

The market is very dynamic with the participation and the emergence of new coins entering in the market everyday. investors are being drawn in. this market is very much in demand right now. and bitcoin is the best option if new and old investors wishes to invest in this market.

I don't know about fcoin, but I can say that such coin secure the exchange more than you ;)

I personally think it is in a positive way. Many projects are wants to doing the same thing. Because it creates a new opportunity for connect new investors.

Their appearance is natural and tokens of the most powerful exchanges are likely to be successful. For example, Binance token (BNB) has been showing steady growth for quite some time. But I prefer the tokens of decentralized exchanges, for example, such as Dether (DTH), which is just emerging but has a huge potential. Here you can see a good review ;) https://medium.com/@gingerbreadfork/dether-724f1a18e471 (https://medium.com/@gingerbreadfork/dether-724f1a18e471)

I do not know, but I will continue to invest in the crypto project Socratus

I think they are similar to everything else.

I was supporting most of the exchange tokens like kcs, coss and cob but now i think there should be a limit i mean there are just too many exchange based projects and tokens coming up, i do not know how they will capture the volume, competition will keep getting strict and only the best will survive.

now again compete to create a successful exchange market with superior seeds, investors only want to swim in a safe and complete exchange with low cost with fast transactions will surely condense visitors

In order to supply the utmost facilities to the users and to gain popularity among the users, the exchange coins are all these days designed almost similar to each other. It’s like a crucial competition in the market among the coin users. But for an exchange coin, I would expect it to successfully reward the user in one way or another for holding it.

For me, it really is pretty alarming that there are hundreds or maybe thousands of exchange platform that are existing as of today. They are also using ICO to raise a budget to support their own exchange. We all know that not all exchanges are following the standards, rules and regulation set by the government. The sad thing is that those unpopular exchange are vulnerable to hackers and even used as a medium to scam thousands of investors. I hope that there is a website registered on international government or being handled by them where all those compliant exchanges. That way, we will be able to minimize the risk of becoming a victim of scam exchanges.

I see now there are many new exchange launched in the crypto market and we dont know yet legalitas and legitimasi of these exchanges, so for the better to use top 10 exchange that has high trading volume and has high popularity like Binance, Huobi, Okex and also its better to use old exchange that operated acouple years already like Bittrex, Poloniex ,Kraken.

It's a high risk stuff. I suppose you can participate by the only money you come to terms with the loss, like lottery or casino.