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I have seen many exchanges have launched their own token like Binance with BNB, Idex with IDEX, Hotbit with HTB, Yobit with YO etc. where exchanges use their own tokens as another way to pay fees to support token. In addition to it, different strategies are used to create a hype like decrease in supply etc.
But if an exchange goes through a hard period of time and shuts downs then ultimately that token will come to its end because there is no community other than that exchange supporting the token simply because it has no usage outside the exchange.
According to me exchanges should promote the usage of their coins/tokens outside the exchange to build a community in support of it. If your community consists of huge individual entities who believe you then a great community can be formed. Otherwise lack of applications would lead these things to disaster.

I don't think that the tokens from some of the exchanges you mentioned will die. An example is BNB, besides being used on the binance market as a trading pair, BNB is also traded in many markets. Don't you think they now have a strong community in the market ?

Exchanges tokens are really useful, for any new projects that want to carry out IEO on binance exchange they have to buy a portion of bnb token for listing, i think around 1500 bnb token and i am not sure that this amount of token is the end of the requirements, to me i think bnb token will always grow in value due to this, its a token with real use case

Yeah, you're right, According to my own experience, if the exchanges of that tokens got closed, its token will become zero value. There are tokens who become like that. Ziggurat, Octaex, and some other exchanges their tokens are now zero value. because no more investors gonna try to use their token because on no more developments.

Exchanges build their token to decrease trading fees for the traders and it will not have any value on the any other exchanges so how it is possible for the extent to promote on the other exchanges.
These tokens don't have any applications other than trading purpose so investing on this tokens for the long time is just a stupid idea so don't it hold these tokens for any purpose other than decrease your trading fee.

not all are like that, they make coins that are identical to them because they also want to attract potential investors and increase their market popularity so they make coins specifically for them. an example is the binance that made BNB for IEO very booming, until it was released in several markets because the community was very strong.

Even giant networks fall. One wrong move and might define their future. I am not saying that Binance will fall but you are right, if they close down for some reasons, what would it be usage afterwards? So those exchange coins are only as good as they are up and running. Once out in the market, I don't think they will be valuable as when they are in operations.

I don't agree. As long as exchange users benefit from tokens, it will not be worthless and will attract other exchanges users to it for more profits. As a BNB holder, you directly benefit from the profits binance makes. Because profits from the exchange are used to burn coins, this creates a basic supply/demand incentive.

If there were only 100 BNB tokens left, and binance made $10 million dollars for the quarter, they would spend $100,000 to buy back and burn each coin. Obviously a lot of people will hold, so the value will keep increasing and attracts more investors. I am a BNB maximalist, and i regret selling my $10,000 BNB into shitcoins and now building back my pile. But sadly shitcoins all fell on average over 90% while BNB is about to hit new highs soon.

You are right about what you said but, exchange's token is useful in their exchange, you can not use it in another exchange. Instead of using it, another exchange creates its own coin. Even though, uses only for trading. Greed is everywhere. Anyway, they need to find a solution to this case, but not with the use of another exchange. It should have a vision that can be useful.

OP is talking about what if that exchage completely shuts down or lose their reputation after years? If that means those exchange's tokens might not have any value right.

It really depends on the token and the uses of it. BNB for example, isn't just a utility token anymore, it's basically a popular coin that can be used for a variety of stuff. But, it does reflect what the company is doing, and if the company goes through problems (look at the token price when there was a KYC leak and a hot-wallet hack), the token does as well.

That's one of the risks when your buying into one of those projects, you are essentially buying shares at that point and the prices of those tokens always reflect how the company is doing.

Just because bnb token and okex or huobi tokens are good doesn't mean all exchange token are good or will be good, these tokens are from top crypto exchanges with highest trading volumes so of course the tokens will be good, my advice is to be careful which exchange token you will invest on, its safer with old top exchanges than new or bad exchanges like idax, latoken , p2pb2b

All token are risky to trade and hold, prices can be up or down, so crypto market is risky overall.

Exchange tokens with passive income or regular token burning is a good invesment choice. But many of these exchange tokens do not offer that, they are good only for discounts on trading fees or for voting  = useless and there is a little chance that the token will increase in value in the future.

I cannot exactly imagine how a certain exchange token could be of use outside the exchange. If it has other purpose such as being a currency or what, it cannot be an exchange token anymore. It has to be a token which is independent from the operation and function of the exchange. Exchange tokens are normally used within the exchange itself, whether as a share or as a token for lower fees and other functions.

If we're to grow as an industry then we have to learn how to use things rightly. Tokens are mostly for utility purpose and exchange token's utility should go beyond the exchange platform. The moment we use them outside the exchange it becomes a misused just as technically ethereum shouldn't be used as a currency like bitcoin. Each token/coins has specific purpose that way the industry can grow cooperatively together as a unit.

In my opinion, exchanges technically shouldn't have native tokens per se simply because they don't have utility outside the exchange. If there was no selfishness in the industry by this exchanges then a universal exchange token would had been the best option instead of every exchange creating worthless native tokens and dumping them on their patronizers (customers). I don't buy into your ideas as exchange tokens are worthless outside the exchanges and they shouldn't have been investment privileges in the first.

Simple precaution to avoid your fear of tokens becoming worthless is only buying few that'll be used to cover the exchange charges and not consider the tokens to be investment vehicles like bitcoin.

Native token is created to empower the platform, no matter what they do to the native token nothing will change if the platform shuts down.
what the team needs to do is not to promote the usage of the native token but improve the platform that holds the native token. The survival of the native token depends on the platform performance, not about the usage of the token.
it is different story if we are talking about the value of the native token, it is important for the team to promote the usage and the advantage in holding the native token if they wish to increase the price.

the only purpose of these exchange tokens, like any other centralized cryptocurrency, is for the company creating them to make a shit ton of money in the easiest way possible meaning out of thin air. these tokens, like anything centralized, are suffering from the same flaws. they are useless and very dangerous to invest in while at the same time they can get the biggest pumps.
the problem with your suggestion is that no exchange is going to be willing to use other exchange tokens! they create their own to sell it to others not to buy other companies tokens!

I think it is worth thinking about but BNB is not in the same level with other coins and most exchanges in the feat of binance dont just quit the business. Binance is so progressive that scare most exchanges with large volume trade but sometimes I think the exchange coin can't be has profitable as bitcoin when use as reward and sorts, bitcoin looks to be most consistently volatile coin..

So far these are the only usage of their coins/tokens, I can say that your idea is great but the big challenges that they are going to face is how they are going to do it?

Because if there is a way to do it, I am pretty sure that those big exchanges are already doing it as it is part of their marketing plan to widen the usage of their coins/tokens in order to increase the demand. Maybe in the future we can see this kind of evolution, let's just see how the big exchanges will do their own tricks.

Many exchange have publish their own coin like Binance open fof BNB coin and Kucoin exchange market open his KCS coin, many exchange have added their own coin for peer trading where Binance have support with many altcoin by trading with BNB peer, if have potential to higher price than how much price knowing to public first is fine for own exchange coin but if lower price than ICO or IEO is not good investing for trader.

As practice shows, exchange tokens show themselves quite well in the cryptocurrency market.
Only on condition that the exchange is large and has at its disposal a platform for conducting IEO.
There are not many such exchanges, and now their exchange tokens have already grown significantly in price.
However, now in the general recession of the market you can buy coins of such exchanges as Binance, Huobi, Kucoin.

Market capacity is really needed to build strength from the tokens or coins. Usually, exchanges give discounts when making transactions using exchange coins, so that it increases its functionality. In addition, the strategy used by Binance in IEO, through the BNB holding system can be emulated because it is effective enough to increase demand, so BNB prices rise several times.

As good and valuable as bnb token is do not tell me that its not available on other exchange? this makes no difference to me, a new exchange token is the only ones that needs to first make sure that the exchange gets better and the token is useful of the exchange before listing it on other exchanges

This is why exchanges creatres their own coins so they can still earn more in their platform at the same time gain supporters that can help their platform to attract more investors. So no popular exchanges will ever list other exchange token since it will seems like their promoting also that exchange. To be able to gain price in trading the company should do some development or updates like what BNB do.

Luckily those exchange that launch of 2017 with its own coin or token, has already gain much value in terms of price, Like Binance coin (BNB) i was remember when i first  trading on Binance, I use BNB just for fees, and its the same with other exchange too! Back at those times Binance is just a raw exchange without any other token utilization or use but just for fees, But if we talking about with the new established exchange in 2019 with its own token/coin, I dont think it will be like a (BNB) in the future or just like IDEX. Since things has change a lot in the crypto industry. Other causes was the lack of innovative approach for the utilization and usecase of there native token/coin plus the unfavorable market condition that we experiencing today maybe thats the reason why some of the crypto exchange today are slowly fading away, and relying  much support from a so called community is just an option due to the strong competition between cryptocurrency exchange globally thats why we cant expect loyalty among traders. That was just my opinion and im not an expert!

There is no doubt that a token should have use case, that is the only way the token can enjoy the backing of the community. An exchange token already have a use case in my opinion because it can be use for many purpose on it exchange.

expansion has actually been done, especially coins which are final with their own chains. This is also effective for inter-market transactions with lower fees, so this is a new alternative compared to coins that are familiar with withdrawal mode. All CEOs want it because on average their coins can fall even further when the price of the BTC goes down. So it is very unhealthy to stand on a single market exchange.

it has been thought about in advance by the community, how tokens do not die after launching into the market exchange and continue to be used outside the exchangers themselves.

I have an idea, that state electricity payments use tokens, so the estimated electricity costs remain to fiat, then the way to pay is to buy tokens in accordance with the fiat estimate to the electricity costs.

if anyone agrees with my idea, I will be happy to discuss with you, and let's make this project with the launch of a new token specifically for electricity payments.

I agree with you, it is true that many coins are launched on project Exchange or market exchange. One of their advantages for a fee or for staking on the market.
But if there is no good community yes it will affect the price of their project. Like Binance experienced a considerable decrease in and up when the coin need for IEO.

Most of the exchanges tokens are very useful because which exchanges strongly supported their own tokens. But i'm highly appreciated Kucoin Share because it’s ambition is something different from others tokens likes if you will invest here you can get weekly ROI though very little amount but it’s running from the last a couple ot years. In that case KCS is the most effective coin which is useful in the other platform. Another one is BNB tokens but i don’t know it’s working or not in regarding passive income.                  

I agree with your concern, but you mentioned the wrong example! BNB, KCS, HT shouldn't be an example of such a case! These coins are proven gems, and they are already listed on many top exchanges! Consbit, Etherdelta, Nauticus can be examples here. Consbit exchange has huge fake volumes, and their coins yet to get value. Nauticus seemed a top-class project, but the token die with its exchange! Etherdelta initiated its token, but the plan was failed! So, they should go to a different strategy! they may list tokens on other big exchanges, as the Bancor did, because, without an active community and use cases, your coins will be dead!

First of all I will like to say you made a good point by saying if the exchange having its token closes, then the token itself will be worthless. This is true because the principal use of the exchange  token is within the exchange either as a base pair, for listing or trading fees or for IEO whichever. But I will also like to point out that some exchange tokens are used outside the exchange, I recently used KCS on playgame and also it can be used for bookings on travala. I've also seen some use cases of BNB outside the exchange.

Exchange tokens are always profitable investment if the exchange has good volume and more pairs and altcoins because most of us prefer using exchange tokens for paying the transfer fee as it gives some sort of discount to us. I have closely witnessed the way BNB (Binance) grew up because of it's market dominant as most of the valuable tokens are launched through binance and the users need to have binance to buy the tokens during sale which makes them to swap their coins into BNB as a result it increases the demand thus increasing the value.

It's exactly what binance is doing. And whatever the binance does is followed by others. A healthy exchange coin is also an indicator of a healthy exchange. But again sticking to just what works might cause problems in the future. The currently popular exchanges were not here a few years back and the market demand would change sooner than we realized. So, it's also how dynamically an exchange could cope with the changes that would decide the future of exchange based tokens.

Exchange tokens are very useful to reduce transaction costs when trading compared to having to spend a lot of money if there are no token exchanges. at this time the token has been widely used as an investment because of its use, therefore the value of an exchange token will continue to grow if the exchange can grow with many users

If the exchange don't find ways to make native coins to have demands it will soon be distrusted by investors. Binance has the clever way of doing it which projects are swapping to BEP and it needs BNB for it to happen. This is besides the fact that BNB is useful to lessen transaction fee. New exchanges attract investors for the opportunity the investors would get like dividends, it would seem like they are up to make investors stick to them for good. A tremendous challenge for them is how to make the exchange become well known so traders will use them.

It is quite obvious that exchange tokens are representing a current trend, but the funny thing is that a lot of shitty exchanges have released their tokens as well, because they saw how great is Binance doing. But the problem is that they cannot keep the service level as Binance, thats why they are most likely to fail.

It's is up to you whether you'll be a supporter of the exchange tokens you wanted to support. Nobody is forcing you to do so and it's your job to make yourself secured in cryptocurrency. The reason why they created a token is because that's a business and it's another way for them to profit or give profits to their supporters. The main thing you need to consider is if that exchange is good and ask yourself if those tokens are worth to invest to.

I think that in the future exchanges will create some kind of opportunity so that their tokens can be paid outside of the exchange. and I think that it will be possible as soon as the positive movement in the market begins

The scenario you are describing is no different to any other project with their tokens. if the project goes bust,their token goes also.
You said it yourself in the first part of the post, there is no use of token outside the exchnage and no community will change that.

Do you know that BNB is already in another exchange? YO has also been listed on several exchange sites. To get a large community, registering their tokens with other exchangers is a must. This is done by BNB and the BNB community is getting bigger, I think YO is like that too. But in my opinion the main concept of the token is to introduce their site more, that's why the benefits if you have a token like BNB can only be used in binance.

yes that true , almost all of exchange came from 2018 era do same thing like binance, but well i cant see any good progress of that. probably that exchange have no serious plan or doesn't have a next plan.

not always, even if they have a good volume such as bibox exchange,well, bibox have a good oppotunity on end of 2017 - early 2018, but idk what happen on bibox exchange, the investor seems lost their trust, mass sell of bibox token on march 2018 .

They are advertising their own exchange tokens so what's the matter with those? we don't have to advertise it but if you like referring them to other traders, you can and tell your experience. Huge exchange tokens doesn't really need this because they're already popular and the people will just come to them and enjoy the benefits that they offer for owning those tokens. The best so far that I've seen are those discounted fees and also having dividends.

Even some exchanges token are listed in different other exchanges, it didn't guarantee that it be safe to have it since once that exchange close definitely their token too for there'll be no more use for it. So I'm just using it for trading purposes in their exchanges more than as a holding like KCS and BNB.

you wouldn't be trading BNB on some other exchange if you have no plans to use it too in the binance exchange as well. exchange coins have its purpose so long as the exchange are being used by traders. i don't see traders in crypto to diminish gradually in fact we are increasing more and more. more crypto users are coming every day which will be utilizing these tokens too.

You're right, actually. To exchange tokens had value it is necessary to somehow expand its capabilities. Then the coin will be in even greater demand.

Well,, and in my opinion maybe a good exchange token will become a good investments options if the token tradeable on other exchange, not only inside the exchange my friend, such as BNB
Of course when the exchange shut down the token will be useless tokens mate
Because of that, the exchange should keep alive, how ?
Maybe by give a good security and features to all traders, and thats will attrack more users from the exchange, because traders or users is very important for any exchange my friend

Well, the token is usually used for paying fees with reduced rate and i don't think there will be more options other than that.
Some exchanges offer other function of their token, as a security token, so investors can receive dividend by holding their token,
but their token will be hard to be listed on exchanges because it is a security token.

The exchange's tokens have a lot of benefits to the users. Because if you are a trader, you can get trading fee discounts. The next thing is the exchanges tokens holders have a chance to participate in their IEOs. You can get good profits with top exchanges IEOs. Most top exchanges are trying to give a good value to their native tokens. I think exchanges tokens are really useful.

If you want to invest in any exchange tokens its good to go for strongest exchanges, they will never fail because of their usability, any dev that wants to list on the exchange must buy some of the token exchange or even IEO projects

Its one way of exchanges to maintain a mutual relationship with their users that’s why they provide their own token economy. Established exchanges are likely to survive through this strategy and can generate enough to cover their operating cost and enhance their services.

The outcome however for them releasing own tokens is that they are reducing their chances to earn BTC which is the main goal for the business. There are exchange still not doing it like Bittrex but then same dilemma for the traders, because traders doesn't want BTC to be the transaction fee which they turn to binance still. The market of BNB keeps growing which is why its on top of the market because of all the choices to be make.

I think the token that develops the platform where the exchange is and has a high trading volume as mentioned will have a lifespan depending on how the platform is developing, because usually the platform where the exchange can provide many benefits.

Exchanges make the very right decision by issuing their tokens because if the exchange becomes successful, the coins of this exchange also become successful, and if you add to this the possibility or condition that the exchange token must be used to receive any services on the exchange itself, this is more increases the price of a exchange token within the exchange and globally.
Therefore, I regret that I did not buy the coins of the TOP exchanges listed in the first post on time.

These exchange tokens are just another fad. Just another cycle in the crypto space, just like we had masternodes etc. A few of the tokens are doing well but in reality its very sketchy territory (especially if you want to do "burns" as US regulators dont really like that)
BCO token used to be really profitable but they enabled KYC and toke a massive hit on their token. Same can happen to any other exchange. (also BNB's day will come eventually)

They made the right decision for themselves not necessary for the market or their customers, and it is easy to see why this is the case, why an exchange needs to create their own coin? To reduce the fees on their exchange? That is not really needed, they could have reduced the fees regardless of whether or not they created their own coin, it is clear to me that they are doing this in order to create a fake demand for their coins.

In return this generates huge profits for them because they are holding most of the coins they created an even if they did not they could always create even more since those coins are centralized, I get why you are disappointed and regret not investing in those coins but those coins are not really necessary in this market and when the exchange disappears those coins will disappear as well

It is very common that exchanges has created their own token or coin to promote their exchange.
The value of their token will depends on the demands of the users, so if the value is high, then there are many users using their exchange.

It's much more complicated than that, many of these new exchanges tend to start with little funds and their tokens serves as a means to generate initial investment to kick-start their platform, unfortunately I have seen some exchanges that pay so much attention to the tokens to the detriment of their exchange because they make the token seem as if all they care about is the token and not the exchange, if you look at every major exchange, they try to refine their product first, make sure it's up to standard because they know that users would buy their tokens and hold as long as they feel that the exchange is secure and would stand the test of time.

Exchanges now are already making their own token because they are inspired by Binance success, but actually its still useless if they will not development their exchange and compete to the top exchange. When people sees you have a good exchange, that exchange token will become useful in the long run and it will be acceptable for different purpose maybe, and they will be confident to spend because they know it has a good liquidity and a lot of people are trusting it.

There's truth to your post, each token created that are centralized depends so much on their platform if the platform fails to generate support or the exchanges is shutdown, there is no usage for the token anymore, so if you are going to buy a token, be sure that the platform or project attach to it is solid and has a lot of support.

They want to have thier own token ,for simple reason they want to earn from it. Since binance successfully do that , they think that they can do the same also. They should build use of that token not only in exchange if they want to see it to be successful.

Yeah exchange tokens started gaining more recognition ever since the price surge of bnb, it took lots of people by surprise including me how an exchange token can increase that much, because of this many start paying more attention to exchange tokens,
I miss out on bnb when it was very cheap but that doesn't mean am ready to invest on any exchange coin just for the sake of it, majority don't worth the trouble.

To me exchange tokens are more better as it's a native token and team will ensure to make it stand out. All my days in crypto I have lost but to to an exchange toke. Unless it's an exchat that want to fold which is absolutely rare just few encounters that, depsite dip, exchange token must surely come when it's the right time and it's more trusted . Speaking from observation and experience.

Almost all exchange tokens are just a way for exchanges to make more profit. They try to promote a token by giving it's users discounts for holding it while they actually hold the majority of tokens in their own wallets. After the token has gotten some traction they can start pumping it more and slowly selling their own bags while the users are buying them all because they get a small discount on fees. Inherently the tokens have no use so IMO there is no reason for them to exist except to make money for the exchange owners.

I think all the exchanges are trying to do what you are talking about. In fact, I find the tokens of exchanges to be the most applicable in practice. If you hold tokens, you will be reduced transaction fees, shared profits (KCS of Kucoin), participate in IEO, enjoy higher commissions from referrals, ...

There are many tokens out there that have no usability, even some of them have been abandoned by the developer, but the tokens still have value. So in my opinion, having "usability" or not, that's not the main problem. Because the value of the token is not determined by its usability, but by the community that is in it.

Almost exchange market have their own coin like BNB for binance exchange, KCS for Kucoin market and IDEX coin for IDEX exchange, they want to promote their self coin to make investor interested with their coin, most profitable for investor with exchange coin because have lower price for first time know to public and higher price after exchange coin listing on market.

You just stated the obvious that exchange token are there to have discounts to their service.  Though, it is true that creating their own token is one way of an exchange to crowdfund their exchanges  and bring more quality service to their client but it is better than those ICO/IEO that offers vaporware.

Even the exchanges that doesn't have a native token back 2016, now starting to create one for their own. The DEX I have been using now have one like the WAVES dex and I just saw the information yesterday on facebook. They must be doing this so that there won't have tiny bits of BTC taken as transaction fee from traders and instead just the native tokens.


They are good to invest with too when the exchange already got some volume. KCS and even the QASH is already getting traction.

I like your candid opinion, in as much as its true exchanges principally create token for profit maximization, some exchange tokens have proven great in many ramifications. For instance, KCS can be used to play games on PLAYGAME platform. Others like BNB too have more uses aside the trading fee, listing fee, IEO  uses.

Well that's a good point yet i think it's unapplicable because all these exchange coin are created to be used in an ecosystem or a platform. So outside the ecosystem it can't be used for any other purpose. However, i think it would be best rather to increase the use cases of such exchange tokens in order to increase its liquidity on the exchange platform through several activities. These activities could be in the form of increase margin trades leverage if done in native tokens, decrease loan rates if done in native tokens etc. All this can increase its usage on the platform and not merely through fees alone.

I think it has become a risk for every exchange and also in other fields.
Large exchanges such as binance will not easily go bankrupt and also they have expanded their business to various countries.
but there is no harm in also considering the ideas you give.
but I think if the exchange performance is good, maybe in the future someone will ask to cooperate with them, because they have seen their history.

Talking of exchange tokens, not all exchanges that have token should be allowed too in the market, because some of those exchange tokens are also very similar to all other ICO projects. If we really want an exchange token, I think that bnb will be one of the right choice of token to go for, because they have really made sure that their project stand out in the market and also make sure that work is really a quality one, so I am not scared about their future, and every product that they have planted down is going to grow very much in the future.

One other exchange token that I think is in the making is that of kucoin, this is an opportunity that I quickly grab now so that I will not regret again the way I didn’t invest in bnb when it was around $1 usd.

history is a benchmark to see the credibility of an exchange. with the experience they have in providing services to their customers. of course many people will judge from that incident. For example the case of a break-in exchange, the exchange steps to overcome it will be highlighted by investors and the project team, of course

My thoughts exactly. You have said it all. Why will you create a token only to be used on your exchange? Since there are uncertainties on Crypto, its only necessary and needed for an exchange to list its token on another exchange for good utility of the token. I currently hold some of these exchange tokens. Most of which are shut down. Holders are only left without option than to hold till infinity. Waste of funds.

In short, the satisfaction they give to their users from the moment they start their service up until now.
People are actually looking for that as a criteria to see if a certain exchange has the capability and credibility.
Binance has these two factors. Binance has the future, and their BNB will expand its use for sure.

Investing in a token utility owned by a large exchanger in my opinion is quite safe as long as the token exchanger has large daily transactions. Until now, BNB Coin is a native token that benefits its investors because besides being used for IEO, BNB Coin already has DEX which will make the use of BNB Coin increased

You are true, exchange tokens are centralized, they can´t work without the exchange. But also many people are buying these tokens just for that. Exchange tokens are backed by a real business and brings a profit from exchange earnings, so this system should work. But if exchange becomes hacked, your token could become worthless easily.

I just heard about it, if so, it is important for companies or projects that have their own tokens to prioritize the development of their tokens and not just focus on developing exchanges. because what is worried about the value of the token becomes worthless and left by the user.

Binance has shown how it can work with BNB. of course, this has directly made all other exchanges
nervous and sensitive. for this reason, everyone wants to be here and get their piece of the cake. 8)
just like the ICO wave started some time ago. that's what has happened recently with the exchange tokens.

I agree what you think that stock exchange tokens will not die, evidence like BNB is already the best coin currently in terms of volume, Even BNB coins are already available in many of the best markets.

It needs to be recognized that the exchange tokens do have an advantage because they have a real project, as long as the exchange is still running, the tokens they have will remain

We don't know the reason maybe it's part of marketing strategy not to allow exchange tokens since it's a direct competitors. But it shouldn't be that way, if they are concerned with crypto in whole. They should accept competitions and let the investors to buy which coin or project they've think will excel while inside the market. Common did by investors are always seek for good opportunities, Binance bring the concept and now it's been followed by known projects around.

Most native tokens are used to discount transaction fees. As far as I know, only BNB Coin launched DEX and this has attracted a lot of tokens to switch to using the BNB Coin network.

they don't just promote their coins in their exchanges guys. they also promote on facebook, twitter, linked, youtube, medium, etc. like binance they provide IEO with a purchasing system using BNB, hotbits with HTB holders will get discounts on withdrawals and trading. it is used so that investors and traders are interested and use their exchanges. so that their coins stay alive.

I think that now it is necessary to buy all exchange tokens and leave for the long term. within a few years, these coins can bring 1000 percent. it’s not clear which of them, but some part of them  will definitely be very profitable

I am interested in your words, maybe you can find out a few reasons? Please let me know  ;)
 For op, Promotion is only needed for new exchanges in my opinion, and they must often hold events to attract investors and traders. Because, building a strong community is not easy, it takes a long time and has quite high trust.

The only use cases that you can get from exchanges coins and tokens if forcing those who want to list of the exchange to hold some quantity of the exchange token or IEO listing too which makes bnb token very useful today,its a nice trick but not all exchanges tokens and coins are good

It is called "Marketing Strategy" without it, their business would close sooner than they are not expecting. It is necessary for an exchange to have its own triumph card to compete with other exchanges, with that, they could assure that their business is in good terms. You will also notice that they are competing in terms of prices of tokens listed in their sites.

Traders will trade their coins on the other tokens which have the higher price and they will go to the other exchange which have the lower price to buy again, buy low and sell high.

Exchange tokens are my best, as a native token, team will definitely be careful with it as it's what makes them the person they are, if there tokens keeps dumping it will definit bring the exchange lower than expected and if the Exchange token keeps increasing and growing it will earn more publicity and growth which would increase more trades they expected. So exchange tokens are more risk free than other coins.

exchange token are created with various use cases. generally is use for reduce transaction fee in trade, withdraw, listing fee. but its not enough. without trader and not made attract the community, this exchange token just become worthless token. Sometimes exchange token is created only benefit for the exchange itself and is not suitable for us as investment.

The coin created by exchange is basically to strengthen the exchange itself, we can see like the binance that released the BNB coin and usually the exchange token will provide some benefits for its users such as getting discounts and commissions in trading on the exchange.
Such as BNB which requires developers who want to make IEO required to make payments using the BNB, so that the binance will not only get income from just a trade commission, but also the capitalization of the BNB which will be even greater and of course this will provide great benefits for binance exchange.

With own coin exchange market have big platform exchange coin like BNB on Binance market and KCS with kucoin exchange market, bitmax coin have listed to public and we are waiting with Bittrex exchange still not opening their own coin so far, maybe they dislike for opening their own coin afraid in not interested with investor after selling to public investment.

I agree. These coins achieved a certain growth, like all tokens of top exchanges. However, what awaits us next?
As you can see now, the launchpads of the exchanges are not as active as before, the expiration rate fell on the IEO, tokens continue to fall in price along with the rest of the altcoin market.
Assume that the new cryptocurrency boom related to altcoins will not be soon, then what we will see from the exchanges. Probably only marketing moves can save the situation.

@OP: You're right, if an exchange does the token is dying as well, though I don't know about tokens that are accepted and being traded on other exchanges; just like the Binance Coin (BNB), it's not only being traded in the Binance exchange but there are also other exchanges that allow their users to trade BNB, and other tokens are not like that, but only available on the exchange that owns and offers them.

So, I think if Binance should somehow stop functioning, their token will still be available to be used and traded by people unless other exchanges decide to deactivate their token from their platforms. You know sometimes, when a big platform like Binance is falling, others would distance themselves from it; so this can be the case for it. If others continue to trade them then they will still be available, though I can't imagine that being possible.

If exchange has no new or others service, all token has low demand even Binance coin. Before Binance blockchain Binance coin price was down. Demand can be increase if holding rewards or profits share with token holders. Without service any coin demand will down from cryptocurrency, but not only exchange token.

What you should know is that, every token in this space works in accordance to the services of the platform. That is, exchanges are where trading takes place, therefore the token can be used for IEOs. Now in most exchanges like Binance, holding the BNB token you can use it for paying of trading fees; from all these, you can see that the uses of the token is for platform related services where the growth of the token is directly proportional to the health of the exchange.
So, all tokens are used in relative to what the platform offers.

Well you are correct that if a coin has no usage outside the platform then it will die as well once the exchange closed but if you're following the trend, Binance (BNB) is not only used inside the platform because there are lot of companies now that accepts BNB as form of payment. You may check the list HERE (https://cryptwerk.com/pay-with/bnb/) for affiliated companies with Binance coin.

However, to create a new token utility in addition to the exchange they must make another new plan or at least create a new platform that must be launched again. Of course this requires a mature plan and may be able to disrupt their focus in achieving their true goals. At present most of them focus on building the reputation and interest of users in using their exchanges and to appreciate the many users they already have, they use their tokens to provide some of the benefits that the token holders can have (each exchange has a different strategy).

They have the power also to list on their tokens those tokens on those exchange sometimes tokens are support in exchanges like IEO but they don't list such as useless tokens.

Looking at Binance, it seems that it will already support itself with its reputation. I don't think that such major promotion is still needed for that large of an exchange. Every traders in Binance should already see it as a big structure, although it won't hurt for them to continue to promote their exchange through content creation in articles and such.

Token exchanges are not only used in their own exchanges, but there are exchanges that have well-known tokens such as BNB which have been listed on many other exchanges. BNB is not only used for trading costs in bination, but is also used as a condition to be able to follow IEO. Members who follow IEO must have several BNB coins. BNB successfully touched the entire market and is becoming a popular coin today that makes binance more famous.

As long as there are traders on that exchange, the token may not die. But once the exchange loses trust from the traders for some other reason probably the exchange got hacked, traders may lose confidence to the platform and eventually sell their native tokens. What could happen is that the exchange can hardly find users to register to them. Native tokens are very much limited to their purpose.

You're right. If the exchange tokens will not be used for any useful purposes, it can be very bad for the prospects of these coins. Therefore, I fully agree with you.

Yes, in addition, if the exchange is known, it gives their coin more advantages. If you properly think through the idea of the project and the purpose of using such a coin, then success is guaranteed.

Currently, it is a growing trend, and it is obvious that exchanges that have a good trading volume are releasing their tokens and forcing people to buy their tokens to be eligible for different IEO projects or fee reduction.

Yes it is, those exchange tokens can be found in different exchanges already too, and it goes well. As long as the coin has a supporter, investor and trader it will never die and it will never be delisted in the market, as what we can see most of the exchanges having their own creation of coin tend to be one of the top coins on the market because they use their coin in some pairs too with having a discount or an additional in every purchase I think.

Not all of the exchange tokens are useful. They are taking their own opportunities without giving so many advantages to the users to use the token. Fees will always be applied even when you are not using that token too. It's not a way to help the exchange site but when you are trading there and you have already helped it a lot

only exhanges that create ecosystem will usefull.So far only few exchanges that applied their token in ecosystem and it could used by their customers.for example ,binance coin and huobi that must be holder if we want to participate in IEO at these platform.usually it required so many token amount if we want to free from trading fee charge.and eterbase be example for this.

This can be assessed from the exchange itself. Is the exchange crowded with people or not. Besides tokens like BNB, KCS, IDEX will be more durable and clear for use than tokens that do not have their own community but have launched them through their own exchanges.
Tokens such as BNB, KCS, IDEX are more desirable because they already have a large community that has traded their funds millions of dollars. And also the performance of the exchange has met the needs of its users so when they launch their own coins or tokens, I'm sure users will definitely be happy to buy them.

They'll get too far from the others because they are working hard on it, they dedicate themselves to the success of their goal which somewhat missed with the other exchanges. Our support and trust help them to succeed also but because we believe that they can be trusted as well and they don't want to make us disappointed as what they've promised to the community.

I lost my trust after entering the cryptocurrency again, when wallet and blockchain coins are doing great. Swapzilla idea is quite different than exchange. Now exchange is more than real demand. I just tired to open new exchange wallet and different withdraw fee. Good amount exchange coin are down for low users and volume

development is needed in exchange tokens, if the partners can work well together. I think both of them are really needed, if one of them is lost then the token will disappear slowly and become a garbage token.

Do you know why the BNB tokens turned out to be the most valuable exchange token right now and has maintained that position for years? It's simply because the exchange went from new to being the best in such a short period of time, this meant more and more users in the exchange and that meant more and more people using the token for a 50% discount in fees, what I am trying to say is that Binance seemed not to focus on their token at the beginning, they were focused on the exchange itself and improving it and making it the best out there, the boost in token price quickly followed when they added more and more utility to it, new exchanges should learn from this great example.

BNB token looks good for investor because always have new update from BNB owner how to make their coin can raise with higher price, from get best partner with BNB coin until burn their coin last month to get higher price for BNB, if you look best assets investment for the future not wrong to invest with BNB coin because you can get much profit every month from BNB.

Exchanges tokens used to be an exclusive club but after what BNB and KCS did in those mad 2017 pumping days and early 2018 days where the hype was still on, so many exchanges started popping up with their own tokens and some of these exchange's were so half baked that they didn't even survive their first few months of operations, the market became saturated with exchange tokens and people came to realise that being an exchange token doesn't guarantee that it would succeed and no amount of marketing could change that, the exchange has to prove itself now and investors in it's tokens would follow.

too many follow the path like Binance and Kucoin who have their own tokens, and most of them do not last long, even though there is no guarantee that the token exchanger will soar,
I think investors have also begun to realize, which tokens are good and which are not, even if the project already has an exchanger product. there is no guarantee with it all.

BNB will be profitable as long as the Binance exchange remains profitable. But operating a cryptocurrency exchange is a risky business and there are multiple risk factors involved here. Hackers targeting the exchange wallet and stealing coins is one of the foremost concerns. Even Binance was targeted earlier this year, and close to BTC7,000 in funds stolen from its wallets. No matter how many security precautions you take, you can never protect yourself 100% from the hackers.

Another concern is regarding the legal status. Binance was forced to move all of its US customers to a separate platform, after the authorities there asked them to do so. They were forced to make KYC mandatory for users withdrawing more than a certain threshold in cryptocurrency. With the attitude of the governments getting more and more hostile, I am not sure for how long the business model of Binance would remain viable. Third concern comes from the competitors. Just because they are the top exchange right now, there is no guarantee that it will remain like that in the near future.

Every Exchange Coins owned such as Binance, Yobit, Kucoin, Huobi and others, they already have the strength of their respective communities that support the development of their coins. Although only listing on their own market, the growth of coins is still good because there are some advantages and low costs when using internal coins for trading costs. The best example of a successful Exchange coin is BNB Binance, BNB is not only on the Exchange Binance, but on other exchanges, this shows that BNB is able to penetrate the external market and can succeed, this is due to the strength of the community and the popularity of the Binance itself.

The working product will give life to exchange tokens, if the business play well and become successful the token that they are carrying also gain
the same fate, that's what we've seen from the past with how BNB, Houbi and KCS performed those projects reach investors interest and still
getting more players to join the investment features of those projects. Make sure to always find time to investigate if you are planning to support
old and new exchange tokens.

Investing in exchanges tokens can be very profitable. The most outstanding example is BNB, well as the YO token has grown. You can search for young cryptocurrency exchanges with their own tokens and invest some money in them for a long time.  

Thanks to Binance for making their token successful, and now other exchanges are following as they are also seeing the same vision.
It doesn't matter if they will just follow as long as they will deliver a good service to their traders or clients, what we really like to see is a growth on the competition as this would benefit the users like us.

As for now, Binance is really dominating, though not that much but IMO they are leading in the market, but I am also seeing that one day Houbi might compete because they are consistent with their trading volume and that is a good sign that people are trusting them.

promotions that continue to be launched and also the ratio of extraordinary usage to the needs of trading fees, make this coin grow quickly, at the moment I only focus on bnb for daily use, the token burning period also clarifies potential values ​​that will not decrease. Some tokens get less respect because their users are not very active in the market, for example Ten coin, so I think the effectiveness of tokens is always supported by market popularity.

I agree with you, if the exchange ends and no longer in operation the token will die, but it seems that binance has planned it by using a new project program like Lending

Tokens from these exchanges will not go down or die, because they are the top coins in the market, but there are new exchanges that launch their own coins or ICO that are exchange based, so people should watch out if these exchanges do have potential in the market, so they will know if these tokens are worth supporting or not.

Lets get things straight, cryptocurrencies are software that do not "die" unless there is no one actively using/trading and developing them.

Investing in exchange tokens is risky unless they have plans of integrating their token into a DEX or have announced plans to work with a banking partner, imo. I do see more exchanges like Lykke and ecxx releasing their own tokens in the future.

Exchanges tokens make the exchanger even stronger! Therefore, I do not agree that these coins die. Because coins like BNB coins, Yocoin and other "exchange tokens" have the same functionality as IEOs that are now extremely successful especially with Binance.

Exchange tokens are generally as scammy as most ICO coins. It is just another way to screw over the audience. BNB is somewhat a better example, but still if you think of the business practices employeb by Binance it becomes obvious that they oppose the decentralized blockchain way. They are just doing business, centralized business for the benefit of the few at the expense of many.

because the real platform makes exchange tokens more potential, because of their usefulness in the exchange. and for binance it has a lot of popularity and has a good effect on BNB tokens, I think the exchange tokens have a good future as long as the exchange has many users

We all know BNB is doing great but it is not necessary that exchanges own currency will always be successful. Apart from this if exchanges own coin has a big community to support there would be chances of success of coin otherwise a coin can not sustain on a single exchange for the long term in my opinion even I got some exchanges coin through bounties but all are worth just pennies.

But still the most easiest application for exchange token is for it to power the operation of the platform like using it to pay transactions fees and some activities within the platform. Yes, finding use cases for it outside the exchange is quite OK but I don't think it's that easy to do

If you want to invest in exchange tokens its safer to go with top exchanges, the next target on my list now is huobi token, the dangerous tokens are from new exchanges, they can easily fail at all time

Using such token for just paying transaction fee isnt that will only make it even more complicated for their users against their user experience and that is not a good news. Usually these token only function for fee discount there are some coild being held in the exchange account and nothing more than that. Mayne it is used for IEO but thats it. I couldnt see anymore benefit regarding this exchange coin. These exchange coin exist simply for money grab anyway.

well safer if you want to invest in BT, if you are in doubt with other coins, and the good news is that the owner of the BNB company has predicted the BTC will reach $ 19,000

Some tokens are huge volume and less transaction fees because of big investors support. Nowadays every investors are active on trusted tokens we don't predict the future growth because of sudden spike. We are all see number of profitable tokens and peoples are mostly concentrate top 10 altcoins so easiest tokens also stay in a same ratio on this current traffic.

They mainly focus with their exchange so that's why they can't promote the usage of their token outside its premises. But I've seen one successful exchange token that's also being asked by people when it comes to payment.

And that successful token I'm talking about is none other than, BNB. It would be hard for other exchanges token to have the same success as BNB has.

I bet that the exchange owners already know this as well which is why they are establishing other use case for their native token outside to platform so if ever the exchange go sideways then the coin will still remain on the market as long as they are demand and use of it but I'm pretty sure that the price will be affected once the exchange shut down.

Mate by just quoting nothing happens. CEO of Binance is not a standard as he has said it now it will happen. Extra ordinary claims should be backed by Extraordinary proofs.

in my opinion it all depends on the project strategy, where they still get the trust of investors. there are also some tokens that have strong enough communities in several markets that still survive.

If today binance gets some hard time and becomes offline. Will BNB  survive?

maybe if that happens, BNB could have been dumped. but I believe that Binance can maintain the trust of its users because of the level of responsibility, including the mistakes that have occurred about the lost funds and they carry the responsibility on users

Yes, they will survive. It's not because they have money, rather they have such an active and dedicated community. Almost every year Binance had have issue, but they protected users' funds as they have a unique Safu system! If Binance gets a hard time, then I think the community will come to help this exchange platform once again, even if BNB goes through another ICO sale, they easily can achieve 2 Billion USD!

Yes now a days almost all exchanges are launching there own token. Somenof them are good like BNB or ht. Cause this kind of exchanges are big and hard to stop. But most of the cases if a exchange stoped there is no value for their token. Yes it is right, it's not only about exchange token in all over this market most of the token which are single project based are in same condition. Only platform based and some other don't have this condition.

BNB is probably the only good one out of the ones on op's list, but its future very much depends on binance remaining the #1 exchange.  If something catastrophic happened like a hack that they couldn't recover from, forget about BNB.  It'll get dumped like no other coin or token before it.

The rest of the exchanges' tokens/coins are pretty useless in my opinion unless you can earn them as rewards that can then be used for trading fees, and I'm not sure if any of them have that feature tho I think BNB does.  I tend to think of them as gimmicks which are created in order to foster 'brand loyalty' to an exchange.  But in general they don't have enough support to stand on their own in the market, and I wouldn't go out of my way to buy any of them.

Some die anyway. I bought Coinex Tokens last year with over 2000 usd thinking it's the next best thing. Immediately the public got wind of it and swooped In to invest, the token crashed. Supplied increased drastically too. I had to sell to save some funds. Till today I don't know if team dumped or excessive mining rewards caused the crash

Not only Coinex which experienced a significant price drop in the last year,there are many token exchanges that just starting the project and the price was drop last year.
We know that last year bitcoin experienced a significant decline and the price of altcoin also dropped dropped greatly.And we can see that in 2019 there are many new market projects that make their own tokens like Swapzilla,IMO,EZ362 etc.

More and more new exchanges keep launching and most of those will have their tokens. For top exchanges, the tokens should perform fine and will be relatively stable with less downside.

That is true and exchange coin should be promoted. Almost all of this coins - the same. But discover StableDEX. They are decentral. and they traid pairs only with stable coins and ETH.

You are not far of the truth. Many exchanges just launch native tokens and don't give it attention. The forget its a digital asset just like every other one on coinmarketcap. They need time dedicated to it towards support, marketing and financing. That is why most exchange tokens dies except for the few exchanges like Binance and Huobi that keeps reinventing the norm and innovating further to add extra bit of utility to their native token.

If the market project own a high commitment from the team and partner,i think they will give definitely great attention to their own tokens.But if they are a scam project that not have a solid team and not have a plain field,they don't give attention to the progress of the tokens.

Any coin without service they are nothing. Exchange tokens has no value without exchange service. So many exchange were down for low volume and exchange cost. Exchange popularity always in fast transaction, low cost, low withdraw, no deposit cost and trading rewards.

I guess not all Exchange tokens as you say. For example BNB Coin has binance. BNB Coin is already listing on many other exchanges, Even BNB Coin was able to show as the best altcoin in 2019.

It's not possible that other exchange could be successful as binance but accept it, the standard for a good exchange already been hold by BNB. Yes, it will be hard to overtake them but successfully to be like them isn't possible. If you know Bitmax there is traction having there and becoming famous for some traders, also the CITEX which use some new features for staking coins and POW coins.

For now, it is difficult to replace Binance as an exchanger that is in demand by many people. BNB Coin as a native token becomes a coin with the largest market cap value because IEO organized by Binance has always been the target of investors. In addition, innovations in DEX make many projects join their blockchain so that BNB Coin transactions will continue to grow

Most token exchangers depend on their exchanger. This is different from BNB Coin, in addition to already having its own blockchain, BNB Coin also began trading at many large exchangers so that transactions do not only depend on Binance.

In my opinion, most token exchangers cannot develop because their utility is limited to transaction fee discounts. Exchangers raise native tokens because they see the opportunity that they can get money from selling tokens while the utility is still limited to the exchanger.

actually there are still many big markets that compete with binance like huobi and others, and make sure there will be other markets that will be large and even more potential

Native tokens from large exchangers are able to survive because the transaction volume recorded is also large. The exchanger user if he often uses the services of the exchanger will be more likely to hold the exchanger token because he will get a transaction discount especially if he is a trader

It will and why not? binance has so many products are still running right now. Just because binance was getting some hard time doesn't mean if that will be dead instantly. The product is a key to how binance is still surviving from the harsh situation that happened in the cryptocurrency recently.

It doesn't make a sense to buy all exchange tokens, before you buy you should check what features are represented by the token. If you get only discount on trading then probably the token is not good for long term investment.

Exchange token that will be worth investing on must be different from others, many new exchanges of today are just copycats and they want to be like binance and huobi

It is true that trading fee discounts are only the most basic feature. So in your opinion, what features should an exchange token have to be good to hold in the long term?

Yes, it is right. Many exchanges have already launched their own tokens. The present time exchanges are passing critical time because crypto trade volume is drastically falled. Hence if any exchange, want to shut down for liquidity shortage, their tokens will die eventually. Because this is their product.

That is true, because cryptocurrency is a decentralized currency peer to peer in exchange trading platform. Hence, is very good to implement to other platform, not only a particular exchange token named as it stated earlier, secondly it will be added more advantage towards the industrial as already has the origin where it created and keep spreading globally on difference exchange.

It is only natural to see other exchanges to make their own coin. It is not a copy but to get along with the trend of creating their own and spread it in the whole crypto space. It is part of their strategy to increase their marketing power, their popularity and also to increase the number of their community.

Basically they are not creating a coin but a token and to create a token you just need approx 50$. You can take a look at my post at:
https://bitcointalk.org/index.php?topic=5192889

This is a breakthrough and a new strategy to attract the interests of investors, traders / crypto users at this time. We remember with ICO, now ICO is almost gone, and replaced with IEO, which IEO is working together directly with the exchanger as the manager of IEO itself. Users buy tokens at the exchanger and direct exchangers are available, so they don't wait anymore about where tokens can and listings are sold, this is the advantage of IEO itself. I think with the many exchangers who have their own coins / tokens as a medium of exchange it is OK and good while they can conducive the price of the coins / tokens and can guarantee the security of the tokens. Today many exchangers have the same concept, they offer a variety of features and conveniences ranging from zero fees etc. This is a good thing. But it must be remembered that the scam will continue to utilize where a system or change works.

Yes almost all exchanges have their own token, mainly the centralized ones. Cause everyone want to make their own ecosystem and own market. Some of them are really good like bnb. It was only a exchange token but now it perform as many utilities. So I like some of them not all. And those which have some future I always stick with them and hold them.

I think that if the exchange is good, then their coin will also be a success. All the same, exchange coins were primarily created to be used in stock trading. And outside the exchanges, we already have enough altcoins.

But an exchange that creates coins, then that exchange will survive well. Because their community is very big. Now there is a new active exchange, namely BCNEX. With their crazy ideas to keep their coins active. They do not distribute coins directly so that exchanges remain active. The airdrop they run also makes active exchanges. Active exchanges are very dependent on the floating of the exchange.

This is how Binance did it too before they grew this big, many had done it even cryptopia was also airdropping coins even LTC during the days. This is a way for them to have volume and activity in the exchange and I guess they do have agreements to the team who created the coins as well. Just as they are going to earn some clients, tokens they own will find its way to its usecase. The success of BNB is also happening realized by some like the KCS.

I have recently made an investment in PROB token, the exchange token of probit exchange. I just found about the exchange and looked if it has any good tokens less know and I came to know about Prob. They are providing a staking interest of 12% per year for staking the token in the exchange. The probit exchange is doing good and I believe it has a bright future.

I don't think 12% per year is a good investment in crypto since the price of the coin itself could drop more than that if the coin is not survive, there are better investment method if you just aiming for 12% a year just like mutual fund investment. But anyway if the coin is doing good and the price of the coin rise up and you still get the interest profits, that means double profits, good luck

exchange coins do depend on their real platform, I also think that if their platforms are successful their coins can be used by many people who use their exchanges.

Is it true that you might invest in PROB tokens because ROI is still increasing slightly (5%) and you believe that ROI will multiply later. 12% a year is an amazing percentage, even a safe investment like at a local bank I did not find investments with that much interest. but in my opinion it is still at risk of losing, the price may drop dramatically, because this is an exchange token, or requires a real sector, good news if the exchange token works with many partners, so its usefulness is not only on the stock exchange.

I truly do like Exchange tokens because as a native token, the team will ensure they strive to. Make it stand out. An exchange growth and trust lies in the token progress...and Exchange tokens have less scam than non Exchange.

In my opinion, exchanges are giving more trust to tokens these days. And it is a bit easier to evaluate the solutions, when you are having objective information on its trading volume, ratings etc

Afternoon there. Yep, this is for sure so, however, what I would say - it is very important to conduct own analysis as well. Because practical value, innovations, roadmap and at least MVP are very important components as well

No doubt. By the way, have you heard something about Binance Community Listing Program? Cause in my opinion, idea is new and attractive, kinda win-win for everyone

Nope, I haven't. What is the program about? Can you bring a bit more details on it? Or where can I have a closer look?

In here main point is in letting community to choose the most advanced and promising tokens from Binance DEX that will be listed on Binance. Of course, there are requirements that must be met, for example, trading volume. And I definitely recommend you to have a look at Verasity (VRA token) that is in very high demand these days with huge prospects of being listed on Binance. What I really love about solution - fully working platform with more than 700k active users, very experienced team and bold plans. So have a look :)

Sounds more than impressing so far, will definitely have a closer look shortly and get back with own thoughts afterwards. Thank you very much for your recommendation!

Of course Native exchange tokens have become a fairly widespread way for exchanges to fund their development. By creating native tokens and selling them to traders, exchanges have been able to raise capital to commence or enhance operations.

almost every exchange has their own token, maybe one or more tokens. tokens can be good opportunities for many people who may well be to pay certain fees. should take advantage of it.

We should exchange the tokens much. It will be very difficult for the transactions to be completed well. Must try.

In bear market all new idea is for exchange. Exchange is easy to build up and manage is also easy but good profits. But exchange token has no value if exchange has low volume. Decentralized exchange idex tokeno value was 6500$ that time supply was only 2k but now is very low.

Without any doubts, exchange tokens are representing a raising trend, but to be honest, I do not believe that any exchange token will get to Binance level. Those guys are far too good and do not have real competitors at all.

Even the existing exchange tokens such as the Binance Coin and the Huobi Token looks overpriced for me. For example, the market capitalization of the Binance Coin is several dozen times its annual profits. Here the investors are assuming that the operating profits for Binance will increase sharply year after year. And there is a good chance that their expectations may not realize.

There is an exchange on which, if you leave coins from their exchange, then after 24 hours you will be credited with coins. So there is encouragement. You just need to know them.

A coin can only be purchased on a specific exchange, thereby the exchange itself draws the attention of users to its coin. All the more so for exchanges like binance it will be difficult to shut down.

OP's point is that if the exchange  shuts down, the exchange token will be useless. Nowadays some exchange tokens have gone beyond using it only within the exchange platform for various fees or as base pair. For example KCS can be used in playing games on PLAYGAME. A clear example is IDAX token, obviously it will be useless if IDAX is gone for real since aside the exchange use, it doesn't have another use case.

Too many exchanges with own tokens. They should create something like Binance coin - own blockchain or something else. It will give a new life for echange coins.

From my point of view, exchanges sharply helps with choosing the most appropriated and advanced tokens. Being listed on leading exchanges means being verified by more components and parameters. Cause this is basically what leading exchanges always do

This is true, cause basically exchanges just give you more info on all the solutions. You can follow the trading volume, objective marks, trends. But anyway, I would say that own analysis makes much sense these days. And this is an absolutely necessary step

Agree with you, especially on importance of own analysis. By the way, have you heard of Binance Community Listing Program? Cause from my point of view, also a very interesting approach these days. Basically, the main sense is letting community to choose the most promising and in demand tokens from Binance DEX that will be listed on Binance afterwards

Hmm, sounds interesting, but I haven't heard of such a program before. And are there any requirements that must be met from Binance side? And are there any favorites already?

Yeah, of course. There must be a certain trading volume, prospects and different criteria being met. And in general, there are not so many tokens that meet the requirements. The one I will mention is Verasity with their VRA (VRAB) token, from my point, a pure innovation. Fully working platform with more than 700k active users, very saturated roadmap, experienced team and incredibly high demand on token

Verasity? Sounds very familiar, it seems that I have already heard of the solution before, but indeed sounds very interesting, so let me briefly have a look once again. Didn't know that the guys are that successful, thank you very much for your recommendation though

Most of the exchanges based platform is succeed, big or small platform it’s really dosen't matter i think. I am participating a lot of previous exchanges based project namely Catex,DexAge,Cryptaldash these aren’t a big platform but those are legit. And exchange token will be survive long time because it’s their own platform launched token. Still another two exchange based project doing make a great platform which are IMO Ecosystem and BBOD both are created native token.                   

I understand his point but I thought he wants to suggest solution for the exchanges. It is difficult to hold on to exchange coin but the exchanges are also smart enough to compel traders and investors in some case, what can we say of the case of holding BNB 3 months before IEO to enable investors. Exchanges produces more richer bitcoin holders than ever and I think this give then capacity to move into other platform of blockchain and crypto use. Exchanges now have stable coins that can be used in online trade.

The smart exchanges want to make money too, their administration also makes marketing for attracting the new crypto traders to their platform. Stable coins are not tradeable for the short timeframes, only long term liquidations can be used for the stable coins, in my opinion. The capacity of the exchanges suggests the traders look at elsewhere for the big trading strategies.

Have you had a better look on bnb and study the project well? Some exchange token will die but that wouldn't be inclusive of platform like bnb whose project development is fast growing. Also, this does not only apply to cryptocurrency but every other assets including the traditional market

Exchange tokens can bring you the biggest profit in a short period of time frame,if the exchange is a very good one and well planned with experience team then its worth giving a shot, look what bitmax and okex token has become now

Agree! Binance is really good! For me the most important thing is the security. I remember exchanges from 2013 almost all went dead because they lost funds due to hacking.

The most important thing on exchange is their security. What is the used of their token if their security can be easily being broken by hacker. I would pick exchanges that has a very tight security measurement and not just to look at their token only.

You seem to have to look at the price movements of exchange tokens, for example BNB which has a fairly stable value and I think its use is more functional within their platform. and I think that it does not provide profits that are always fast, maybe for long-term investments that can be utilized, but to look for quick profits, BNB has more stable movements.

BNB is launched from biggest exchange that's why this is absolutely promising coin even it’s top ranking in coinmarketcap among all of others exchanges tokens. Secondly, i think KuCoin Share tokens is brightest platform so that i am very concern to invest here.           

that is why i invested in binance coin because it has other use case. the binance chain brought a different agenda to the binance coin. creating a platform for other projects to migrate and develop more using the binance project but i think there are other features that needs to be explore not only the smart contract. apart from trading fees, they can try creating other platforms that will allow exchanges to buy products from websites using their tokens as a means of authentication and authorization.

If that was the case, then BNB should not be traded anywhere other than Binance and the DEX sites. And similarly, the trading of Huobi Token would have been restricted to the Huobi exchange. But as I can see from the coinmarketcap data, BNB is being traded in dozens of different exchanges, and some of its largest volumes come from exchanges such as P2PB2B, Coinsbit and BKEX (in addition to Binance, Binance DEX, Binance US and Binance Jersey). Similarly, the Huobi Token is being traded in a large number of exchanges including BiKi, DragonEX and BKEX in addition to Huobi Global, Huobi Russia and Huobi Korea.

Some tokens that continue to support their platform will certainly continue to grow if the platform continues to increase in volume and some of the tokens that you mentioned of course already have a very wide community so for the price issue they certainly don't need to question anymore especially if the platform continues to improve the system so that the token holder feel comfortable to hold it.

It's true that BNB and a few other exchange coins/tokens are really impressive, but their success in terms of price is highly dependent on the exchange platform. Imagine shutting down an exchange and automatically it entails it will no longer be base pair on that exchange, this will be detrimental to the said exchange token. However, some exchange tokens are used for other purposes like playing games, paying for vacations, etc and not only limited to their use on the exchange platform.

Every where in every plan Binance coin is always good after few top coin. Suppose Binance exchange can easily recover because Binance blockchain already exists. Even few months before Binance USD launched. I think most of the exchange will do the same if they get huge inspire from exchange. After huge success Binance blockchain launched first quarter this year.

The main function of the token exchange is to provide convenience in conducting internal transactions with the exchange. Usually it will provide fees and price more than the use of coins or other tokem. Of course for its development will be carried out wider marketing, for example, BNB which is already available on various exchanges. The main key is to establish a good market capacity so that many who use the coin exchange not only as a formality in the exchange but also in general use. This all depends on the quality of each.

One way for exchangers to get money is from transaction fees but by selling native tokens, exchangers will get extra money and I think this is normal as long as the exchanger has a good roadmap and development.

The same fate awaits every utility token once the project ceases to exist the token becomes useless. Look at Sharpe capital their token is useless now the project has shut down. An exchange with liquid can survive the time be it hard or soft times.

The same principle applies to non-exchange tokens. They need to be backed by a working project without which they become worthless shitcoins. Even having a working project is not enough to prevent an exchange coin from dumping in price. Just take a look at BQQQ from Bitsdaq exchange. Despite all the hype, it has sent my $300 investment tumbling to a near useless value of $15.

 i think as long as the Exchange itself survives and keeps activities going smoothly , listing some good project the Exchange token cannot die. rather they  will increase in value.

All this words you are saying are quite fair not only when talking about exchanges. Every utility token has such a problem. And not only utility by the way. In fact - most of the tokens have it.

I think OP meant that by promoting its token outside, exchange strengthens its position in the market and increases credibility. In the event of something bad happening, or even an investor taking over the exchange and changing the name, an not promoted outside token may immediately lose its value.

Exchanges must not just promote their tokens or coins to public but also their own exchange as well because I do believe that before an exchange releases its own coin in the market, it must have first establish its strong position in the public wherein it has a high credibility standard to attract traders to get into their exchange and at the same time know their token so that they could be hitting two birds in one stone in a sense that they have been known through their good aspects as an exchange and at the same time let the people know about their own token. I believe as long as the credibility stands within the exchange, people will surely get along with it and the exchange will never fall out of people's attention so their exchange will keep working or operating same as with their tokens as well in the market.

This is really a good choice to talk about. I was thinking this thing deeply. Binance says “slowly but surely” for the adoption of crypto. If you look at their exchange, you will never see any Exchange token such as OKB, KCS or Huobi token get listed on their platform. On the other hand, Including Binance, all of the exchanges are aware of using, utilizing their native token only on their own exchange. If this is the case, how the exchange coin will survive in the mainstream? They should not be liberal and helpful or strategic for their own?

I totally agree with your opinions as in this way the trust in the exchange will more by investors and the coin becomes more stable and popular as well as will get more ranking in the coin market.

This is where conflict arises. For us - customers or users - a much better solution would be if tokens of exchanges were tradable on other exchanges. However, there is no trust between exchanges, there is competition for customer attraction. By giving the option of trading with their own tokens on another exchange they give away part of the market, which nobody wants to do.

Binance listed coin exchanges such as KCS, OKB, and even Huobi Tokens namely to add trading volume on their platforms,
it is good and makes Binance able to compete with them

BNB is listed in dozens of exchanges, including some which can be considered as direct competitors. The same can be said about the Huobi Token as well. In the world of cryptocurrency, it is illogical to think about competition. Because all the exchanges are in fierce fight to attract trade volumes, and they can't afford to ignore any of the top coins, even if that means they are allowing the token from the competing exchange.

Not all exchanges tlkens or coins are useless. Binance coin is good and it gives huge profit to holders. Furtheremore - There is a lot of projects running on Binance chain.

Have good way if many exchange have open their coin platform, will available for trading with their peer using altcoin to bitcoin and altcoin to exchange token like BNB or KCS, all of exchange coin have good price from start investing with IEO after listing on their exchange market, not make investor disappointed with exchange token because have higher price and get much profit.

In my opinion it is very good for everyone. This behavior confirms investors that exchange has good intentions, is not afraid of competition and wants to strengthen its market position. This causes the token's price to rise and everyone is happy. In my opinion, this is what a healthy free market looks like.

This is really good and a nice point of view, but let's take it from another perspective, every coin in this space has its use case or the reason it is being created for right? Like, to launch a new project on Ethereum blockchain, ETH is needed etc. So, in the same way, in every exchange the utility of their token lies within that exchange in question and might be hard having another uses outside the exchange because there might be competition with those already existing. This is a nice suggestion though, but in my own opinion, might not work as it might bring distraction to the team; there is no harm in trying though if only they can wish to try it out.

Personally, I don't see the point.Why make a listing for an internal exchange token?If there is interest in it, you can buy it directly on the stock exchange.Perhaps such an interest in the exchange token will be interesting for professional traders, but ordinary users do not need it.

Exchange has started a new era with their tokens. They require IEOs to participate with their own tokens. They're building their own ecosystem. But they are still addicted to Bitcoin. Binance has taken over most of this market.

So if binance gets hard times would BNB the same as it is now? Binance just manipulates the price of BNB by supporting it so it cannot drop through non influencencial demand and supply. Are they afraid of it?

This question is also found in large exchanges such as Binance or Huobi, Bibox or OKB, ... my answer is that it is challenging to find a good exchange. Besides, such tokens will usually hold a good price if Bitcoin is highly volatile. You can see Huobi's HT has kept the price range of $ 3.8 - $ 4.5 while Bitcoin dropped from $ 13k to $ 8k. It is also one of the advantages of exchange controlling the price of their token.

Agree, exchange tokens are good hedge now, especially when altcoin prices go in to the deep... 

There are many new crypto exchanges and I think this is a new choice for investors or traders, choosing altcoin made by exchanges with many benefits from holding coins like BNB. There is always a new exchange in the future that will be a competitor to the old one, because there are many crypto exchanges now that will be the choice of investors for long-term investment

Tokens in exchanges are much better if the token is like from binance, idex and yobit. This exchanges is popular, it is a nice strategy for them to build there own coin. If your problem is what if the exchange gone. You must pick the right exchange that can make sure your investment. When the time comes your point will reach them and hopefully they can build support in other community. That would be much better.

This is a very interesting topic.  Since at the close of the exchange, the token of this exchange will not find useful and the price will collapse to zero.  Probably to at least somehow reduce the risk of losing funds invested in the exchange token, this is to make the minimum investment that is required for various exchange actions.

If it were so, it probably be good for crypto industry. The competition for different platforms are too good also yet there is no single reward for a tight competition because we need to unified here and exchanges don't need to challenge others because there are coins that want to be listed on one exchange but not with others.
They need to strengthen their bond so that they can attract more investors.

I do not agree with you completely there are exchanges in the world like Binance, who have a very Intelligent owner. BNB is being traded on other exchanges too. If you want to check this then go to CMC and you will find the details there. 

IDEX is a DEX based on the ETH platform, so as long as ETH exist it will to also why will IDEX close? it is one of the biggest ERC20 traded token exchange. They are profitable.

I do not know about the other two as I do not trade on those exchanges.

New exchanges even DEX are creating tokens, I an one of the supporter of Vitex exchange and you can see it with my avatar, this exchange distributes dividends to its VX holder which feels good to hold than using native tokens for the trade frees. DEX today are doing these to gain support, Weidex is just one of them and I think they are also starting to get some trust from users.

The real usage outside of exchange is not cased unless there is a risk of exchange shutdown. Even if there are dark clouds over the exchange, the market will be priced at the right time, it is hard to prepare for such events. What will happen to Kucoin shares if the hackers wash the cold wallet of exchange in 10 minutes? The news will spread on social media and everyone will rush to the Kucoin for selling. Guess what, the exchange froze the deposit/withdrawals and the order books are paused right after the panic in the exchange. The big long red candle will appear on the chart and no one will be able to get rid of their trades. Possible scenario.

More recently, Vitex became the Binance community coin. I also think that if this project is supported by such an exchange as a Binance, then you should pay your attention to it. But now it’s not a good entry point to this coin, because, after the news about the Binance, the price rose very quickly. Better to wait for the correction

If binance gets hard time , which is the least likely to happen cause they are performing so well, maybe they'll just manipulate it to attain such balance. I guess they were creating their own coins to back their business, it is like a plan B whenever they are getting hard times. Mostly these coins are just a market strategy giving themselves a chance to make a reputable platform, like binance coin, it is listed on many exchange so people could see it paired with other coin and come to think of it eventually.

Nowadays, every exchange wants to have their native token, and many end of scamming people by dumping heavily after first pumping it to attract traders. Just check CET, Xbase, Catt. It's not a most that exchanges create coins.

Better to wait for a price correction than to follow the flow to buy it. but if he has strong research then the biggest decision is in his hands, but for me it is better to wait for correction than to follow to buy it. Even though it is supported by Binance exchange, we have to look again at whether it is only FOMO or really profitable

There are actually lots of exchanges produced since cryptocurrency started and there are also lots of scam exchanges in which they can easily take away your money.  Because of that, we should be aware of our choice because it may cause loss of money which is very important to us. There are exchanhe that can recommend by other traders in which you can really trade safe because the security is high and you can trade easily because they have a lot of features in ehich they can give you fast transaction. There are lots of exchange now giving every trader a bonus for a reason maybe for giving them your loyalty, for you to use their exchange always.

Exchange tokens is one of the most popular tokens in the cryptocurrency space. Several exchanges, have their own tokens which is used majorly for transaction fees within the exchange. Some good exchange like binance have their tokens trading on several platforms and this has contributed to the increase in the value of the tokens. Its wise if other exchanges, imitate this strategy to boost their token presence in the cryptocurrency space.

Your idea is a good one but remember every altcoin's utility is tied to the project itself, like Ethereum, any project launching on its blockchain will use its coin for various purposes, in the same way, all exchanges tokens are used for various services within the exchange as well. Although it is possible to integrate a token into another platform, but even if the token is integrated into other services, any day the project fails who will be encouraged to hold? No one. So it still comes down to, any platform be it exchange or not to continue developing so that their token will be valuable. There should be services, features, events etc which will make users to be attracted which of course will lead to more activities in the exchange.

vitex is really one of the very powerful projects that were selected by the centralized exchange Binance during the community vote. the coin has a very strong growth potential. the most important thing is that these exchanges will continue their development

Yes, you are right. At this moment almost every exchange have their own coin. Centralised and decentralised both. And most of these coins have no use than fees paying and some priority based rewards. Suddenly if the exchange face a  crash the coin would surely go to zero.
But now many exchange like binance is doing some good some like separate chain and make exchange coin main coin of they chain. Dec based on that chain. Partnership with other projects to use that chain .  I think In this structure if someday exchange start to collapse then somehow the coin and the community will survive.

For now exchange tokens will majorly the purpose of being used on the respective exchange. Majority of exchange platform build their token to function in capacity of the exchange platform. I think that is enough for them if they serve the purpose rightly.

OP done good job with good topic but recently we have some good things about these tokens as now Binance is doing MoU's for using their tokens for many other ways like now we can book hotels and resorts with these tokens and few other exchanges like Hotbit is also doing some good marketing for this which is going in right way for investors as this will bring more revenue and profit with investors confidence also rise for these tokens.

You are absolutely right, most exchange tokens even ends up dumping on investors , I have really seen many especially those that folded on the long process. If exchanges could adopt thus measure stated above by you it will certainly make their native token potential and worth investing even if they ends of folding as they could be traded on other exchanges than just going like that. I do appreciate this idea brough by you.

I know exchanges with their tokens are in trend but still i will advice to never get into fomo to invest in any similar project because i have already seen projects like these failing and closing, just research about cobinhood with token cob, similarly ironx with irx token seems dead and bcnex exchange with their token also seems to have scammed investors, only legit i know is binance with bnb coin which has proven to be a great investment as the exchange periodically buys back bnb from a percentage of fee they earn from traders.

I am holding part of my portfolio in Exchange tokens like OKB, BNB, HT, GT. and i can say that compare to other altcoins, they are much more stable in general. For example when hole market falling by 25% Exchange tokens may lose 15-20%. Thats kind of my  monitoring for the last year.

I think that exchange tokens will be alive, because exchanges are the enter for all people in crypto world, so when there will be hype, and I`m sure that hype will be and exchange tokens price will be very high because of it

The price of a native token exchanger in my opinion has the potential to rise if the value of market cap or transactions in the cryptocurrency market continues to increase. Native tochers from large exchangers have greater opportunities because they have a clear roadmap and are usually used as token utilities to reduce transaction fees or participate in IEO

Yeah it's right. Exchange tokens are always my priority investment. My past investments in BNB, OKB and KCS gave me huge profits. I invested in them when Binance started their first IEO and at that time OKEx and KuCoin didn't have IEO yet, but i know they was preparing, so i decided to invest. Now I'm holding BNB and expect to sell it at $17, I bought BNB at $9.2.

Just don't deal with small crypto exchanges from shitty jurisdiction. For example, look at this Turkish exchange. My money is on them exit scamming soon.

https://bitcointalk.org/index.php?topic=5235763

I think so too, cause those native exchange tokens  are mainly for trading fees purposes only inside its designed exchange platform. And since they don't support or any product they the be used to their value might end up zero once the exchange that supports that native token shuts down.

Large exchanges have many users and therefore exchange tokens will always rise high because of the development of such exchanges such as BNB and HT that are successful exchange tokens with high prices and even market capitalists are able to compete with other large altcoins that means their tokens have good plans forward.
There is no need to be afraid of holding their tokens because I have arrived at the bullrun, their tokens will come up by themselves.

That Vitex Exchange gives out it VX token as dividends to its customers do not mean the value will be strengthened. If anything, it will further weaken the price and force it down. Of all exchange tokens only the Binance coin has been able to remain strong and the highest price of $40+ at its peak. Others have not be able to go pass $10.

of course. they fully perform their functions, but you should think about who will need these tokens if something happens to the exchange. these tokens will simply die because they have no other uses besides using inside the exchange, so always fix your profits in time

Do not be moved by exchange tokens, it's just like the difference between bad projects and good projects, not all exchanges are good, you have to be sure that the project token is worth holding or else you will be disappointed, for example image if vindax has a token where as vindax is a scam exchange

All of the exchanges native token will be high prices that is not like that. So many crap exchanges platform i see Cat.Ex created CATT token but right now it is almost dead. Actually this one wasn’t crowd funded project, there are no legit investors, when listed price dropped 70%. OOOBTC exchange launched native token OBX also garbage these project. And those are fake exchanges and fake trade volume.       

You're right because if these tokens are only used within the exchange as trade forces es, the price will not go up as it should but if they create other utilities for it then the price will definitely go up. Maybe they can integrate a mechanism to pay dividends to token holders and other utilities to drive the price.

Right now almost every exchange has their own token, this is ridiculous that all those shit exchanges have their own token too like Coinsbit token, Latoken, Emirex token, Coinlim, Coineal tokens and so on! So, buying those coins will be the worst decision, noob's job. If someone wants to buy exchange token they can easily buy the Binance, Kucoin, Gateio coins because these are the top exchange with the real volume!

Yes you are right, if anything happens to the body of exchange tokens, the token dies along with it, which is why every exchange platform are introducing several innovations, to drive and promote their exchgange to ensure relevance for a long time.

If you look towards binance, huobi and others, you get a very use case sample.

If you want to invest in token exchanges you should choose exchangers who already have a good reputation or at least their projects have been running for a long time. We can take the example of BNB and KCS, I think the two tokens can be used as a safe investment because their exchange has been operating for a long time.

Exchanges tokens are coming in the with the sole purpose of profit sharing in most of the cases and in some cases where you can reduce trading fee like binance. But personally I don't find much use for profit sharing tokens because come in who would want to share the profit with small time users.

These tokens are very useful for active traders. I had a period of active trading. I traded for about 5 months on the Binance and then I calculated that I saved about $ 100 just because I used BNB token to reduce fees.

That is why it is in need that you have to choose a right and reputable exchange so that you can assure that the exchange token you hold will never die because it is indeed that the sole purpose exchange tokens is to be used on the exchange platform of the ones who have launched that token. If you do really want to ensure the safety of your exchange token, choose wisely the exchange project though it is hard to do, but it will all be worth it once you secure that the exchange will never die so that you can continuously use the exchange token you have. That is the awful truth about exchange tokens that dies together with their exchange once it encounter a problem because it cannot be used out of the exchange and will not have a value since it is mainly created for the use of the exchange where it came from.

Because the total supply of Binance Coin is less than that of other tokens, OKB, HT are also one of the leading exchanges, and their token prices have also increased significantly in recent years. Because their total supply is too large, you cannot see them surpassing 10$. If their total supply is the same as BNB, I think they may have gone to $ 40-50 last year

You have stated out very good points but there are things to consider as well, exchanges are known for crypto trading and so forth, so having additional products and services different from what it is known for might disrupt the ideas of the platform which is why there are many projects today each going towards a specific direction, so the more they improve the more their token is worth it. In my own opinion, i believe the best way is, continual improvements which will ensure the exchange remains at its best.

Yobit, hotbit and coinsbit are all bad idea, I advice you stay away from such exchanges because they aren't good enough, look what's happening with bcnex and vindax, if you are so interested in exchange token it's not too late to buy BNB,OKB, huobi token

I am of the opinion too that exchange tokens should have usefulness beyond the exchange of origin.  By this, they will have more values and attract more investors.  It's only tokens of well established exchanges that are still having good values, many others have almost become zero.

I agree with your opinion. Also I think when any token exchanges a good exchange, it will develop rapidly.

I never heard any exchanges which have no native token, now it's likes a exchanges tradition/trend back in 2016. All of new exchanges platform are crap also their own tokens are priceless. Though right now so many new exchange platform are developing Leasehold(own DEX), CrypCore exchange these  IEO's not started yet. BNB token you can buy blindly according to the major exchange host token.                    

By offering discounts with their own tokens, exchanges can attract new investors and increase their user base. I think this is a good strategy. And this is the thing exchanges are different from each other. During IEOs, changes get new investors as well as due to the use of their own token the liquidity increases. Binance apart from providing exchanges is already working as blockchain platform for dApps. I think other exchanges also think about utility outside their platform.

Just like exchange token is attach to the use of exchange, so also every other tokens are also attached to something and if anything should happened to that area, it will also affect the coin but that may not lead to the death of the coin. Exchange token can still survive with or without the exchange itself, it is a matter of adding to it use case.

All tokens exist for a reason both the exchange and none exchange tokens. Exchange tokens that we should actually fear for should be that lesser value exchanges, I can never blink for Kucoin and Binance tokens

Yes, it's very natural that you can't blink on Kucoin and Binance tokens, because those exchanges are very popular exchanges in the cryptocurrency room, where they always look good to everyone.

Yes, that's right and that is also influenced by good support from the exchange and other companies, so that making tokens that are in a good exchange can grow rapidly, it is extraordinary.

binance is a large and very powerful exchange of course if they make their own tokens it will be very easy to develop, in contrast to some exchanges that try to do the same thing as binance. Many of them are now dead because they cannot develop

Exchanges tokens are the Token-based on the Exchange  Business strategy that why some exchanges Tokens are not useful outside of their platforms, although some are beyond that level to pure crypto which people may use in storing Value as a key reason of cryptocurrency in providing financial freedom and value preservation.

Now the bullshit exchanges also try to generate tokens for their exchanges. And of course the prices of those tokens will go to the bottom because nobody buys them. If the token wants to go up, then that exchange must be really good and have a lot of users. In addition, they must have many IEO programs to attract investors

After gate.io exchange every other new exchanges are bad, no single one did very well, from Vindax to bcnex and coinsbit, they are all full of bad experience and even cheating, I heard these exchanges have tokens, I will never invest on such tokens from such exchanges

coinbits is the new exchange token now which I am really not certain of its trajectory yet. A friend keeps saying Coinsbit token looks good and with their burn and staking feature, it will keep developing and improving but then that's what Coinex showed us a couple of years back. But coinex token is dead to me. So investing in exchange token required thorough diligence

Binance current is doing this. The Cartesi listing had BNB pair, USDT and Btc. But I wouldn't know why they had no pair for Eth given this is an erc-20 token there should be a pair for the native blockchain in exchnage.

Usually cryptocurrency exchanges has their own token, they created for some purposes.
Maybe for listing fee, discount trading fee, etc. It will be good if they burn their token on regular basis, making their token more valuable and avoid the dump price.

We recently did a run down of exchange tokens performance in the last quarter

https://i.imgur.com/KFnZQW8.png

new exchanges didn't fullfilled as qualified exchanges in crypto market, they just create their own utility token to take their own advantages so if they need money , dumped in market could be they way for it. only few exchanges which is get trust and faith from investors and many others forgoten. bcnex which is hoped could be good exchanges now on they way to exit scamm.

Agree, big exchangers have more customers and also have large transaction values. With transactions that are getting bigger, investors will definitely want to get their discount transactions and this can be obtained if the investor has a token exchanger. There is no need to worry excessively if you hold token exchangers such as BNB, HT or OKB because the price will continue to rise

Usage of exchange tokens outside the exchange is mainly to be traded on other exchange with good liquidity. This is the nearest and easiest form of usage it can have. Others are a long journey because there are too many tokens still Fighting for recognition and adoption that are not exchange tokens.

Ez365 is the only exchange token I can hold simply because of the team behind this new exchange, the exchange would have launched this month if not for Cov-19 crisis, if you can do good research on new exchanges you will find out which is worth going for

Meaning they (EZ365) delayed the launch of their exchange because of the Cov-19 crisis? if that is true, then they are a very weak team and can be sure that the EZ365 exchange will not progress like the other exchanges, because they prefer to give reasons rather than provide evidence.

I totally agree on what the op have said . We need tokens that are usefull on both worlds  . So that we can make use of it if not for investment or trade purpose  .

 We can use the coin for other purpose when it's market is still down  . That is the real concept of the cryptos anyway  but not until they found out that cryptos are volatile they then make coins for the purpose of money making only and they already forgot the true meaning of coin creation .

Exchange tokens are very good and I know some of them are not only used on only the exchanges but other places as well. These coins are used as trading pairs on other exchanges so I don't think if the exchanges collapse, the coin will be of no use.

I think what you're talking about right now is true that there are a lot of exchangers who launch their tokens themselves and I think there are some that are successful and some that still can't be said to be successful and what is very influential there might be the team of the project and the community and the existence promotion and procurement of events such as bounties and airdrops for token marketing are very influential

Yes, that's right, it's just that most new exchanges are less successful when launching their own tokens, because they haven't used it much, unlike exchanges that are already popular and many are using it, they will immediately succeed without making an airdrop or bounty program.

Meximum exchange token are great. BNB, KCS, Yobit, Idex and HTB are great. These coin great for long term investment. There team are active.

BINANCE is one of the biggest cryptocurrency exchange, lately and they have their token BNB traded on several exchanges. I personally don't see the binance token coming to nil due to the structures which the exchange has built over time. I only hope that other exchanges can imitate the binance exchange tokens and make their tokens relevant in the cryptocurrency space rather than being only relevant in the exchange.

The issue of exchange tokens is that they find relevance majorly from their novel exchange and this could imply that ones the exchange is having issues, the tokens begin to loose credibility. I personally won't invest in an exchange tokens because of the higher risk it could bring. The only exchange token I consider to be worth the risk is BNB.

It's of no wonder Binance coin (BNB) has received many vouches under the thread. Aside from being just an exchange coin. BNB is among the top notch coins on the market now with great potentials. Trade and use your BNB as transaction fees on Binance and earn 40% discount. This is good use case.

Not gonna work, exchange tokens are created to serve the exchange platform not work outside the platform, if that happens then it's no more an exchange token, for example BNB token cant be used outside the exchange and the team came up with BUSD which is a stable coin and the team get this stable coin implemented into few payment services e.g Alchemy pay

In some case, exchange tokens are very useful to their exchange site itself. It helps promote their project and create different uses. If the exchange goes down, the value of coin down first but in the beginning its very important. I think if exchange tokens become more flexible even outside the exchange itself, it will help the project in the future needs. Investors will surely trust the exchange and many users will immediately trade in it.

I can still invest money on Hotbit, huobi and few others, what you have to do is make sure the exchange token you are going to invest money on has good and real volume on their exchange, the chances of surviving in future is higher compared to exchange with fake Volumes

Yep that would be a big collapse if the exchanges are going to close because of hacking incident or turn to scam, a big lose for you. If you really like to invest in exchange coins you better pickw the trusted exchange like binance.

Do not fall into an idea that exchange tokens will bring you profit. They claim that you will get a passive income when you hold the tokens, but never forget about the fact that a lot of exchanges has very small trading volume, so they do not earn enough money and that means very weak reward.  :)

I think those exchange using their own token as an strategy to increase the demand of their exchange are also using it to promote and upgrade trading pairs. It means their own token has a usage but only inside trading exchange. And if their own tokens has a value,then the demand on their exchange will surely increase and it will affect with other tokens base on the trading pairs with their own token.

when there is an exchange that makes its own tokens it is also good that in developing it must be promoted or cooperate with other exchanges so that their tokens are widely known and not in a single market, as well as attracting new investors, because their wealth is like tokens or coins that are otherwise if it is not widely marketed then over time it will fall

The OP made a valid point post of the exchange coins are limited to some particular exchange and mostly used for trading fees. But in case of binance it's different as they are working on smart chain with features pretty much similar to ethereum. As ethereum is moving to POS similarly BNB will be used for staking in the smart chain

The backbone of every exchange projects is still on how capable the team are, not all exchange tokens will be good for holding, you have to find out how determined the team are before giving a try, every exchanges are good but team can have bad plan

Exchange market making own tokens is a very mature strategy because it can get other benefits from the sale and purchase of other coins on the other side also to attract many communities to enter so that the exchange develops, the more that enters, the tokens will continue to live

I agree to the fact that exchanges need to create usecase that is divergent from the exchange to ensure that the tokens find relevance even after the demise of the exchange.

But in real terms this would be difficult, most exchange tokens are solely for investment and fees settlement on the exchange. Even big exchange like binance have their exchange token traded on several other exchanges, but that doesn't change the fact that it's relevance is intrinsic to the exchange.

Logically speaking, if an exchange wants a token to have relevance outside the exchange, it simply creates a new one. I know binance has other tokens and stable coin outside the bnb which is her maiden exchange token.

The only risk involved with exchange tokens is if something bad happens to the exchange like hack then the tokens might be useless if the exchange has no more funds to keep running, since idex is DEX it's a bit safer and another thing is make sure you buy only top exchanges tokens because they hardly fade away

Actually you made valid points, but I was just thinking what an exchange token utility will be outside the exchange, that means they will have a huge competition to face because there are tokens already trying to pitch their tents in various sectors and industries. Also, about an exchange shutting down, that is quite true as well because many exchanges has shut down due to hack and so on but however since till date no exchange token has been used outside the exchange (none I can remember), then it makes sense to only hold top exchanges token because they have their reputation to protect and will surely try everything possible to keep their exchange running, thus good for holders as well, and should there be a change in token utility then holders will also benefit from it.

Partnership support is very difficult unless the project is good so there will be many requests for partnerships with large companies but the project now only relies on marketing from the developer so I think the token will be useful if their project is active in the product.

No doubt, currently now almost all exchanges now have their own token in which is been promoted in their exchange, nothing like real use case, nobody knows what the token is all about, all they know is that the token is owned by a so called exchange, due to this, the token future is now been tied to the exchange, if the exchange keeps flourishing, then their is probability the token will also keep doing well in cryptocurrency market. Exchanges should learn how to build real community for their project, they should let their real use case visible to all cryptocurrency enthusiasts, doing this, real investors will fall in, with this the token can stand alone on his own.

Indeed, there are now many exchanges launching their own coins. But some of them are only in individual exchanges, they don't release other exchanges. For example Hotbit with HTB. There is no double exchange. In contrast to Binance which has expanded. If Hotbit is not able to survive, of course, their coins are meaningless. But if the parent exchange is no longer active, even though their coins are listed in many exchanges, the coin will sink. That is, there will be no users. But I am sure, if the exchange goes well, even though the coins are only registered in an individual exchange, then this coin will have a high value. This will even make it easier for CEOs to control the price of coins.

What will actually make an exchange token worthless? I think the answer is, if the exchange stops functioning as it should and start decreasing in users due to lack of appreciable trading experience. Take a look at Binance exchange, with the way the team are developing their services, I don't think the token will reduce drastically in value but will keep maintaining a good growth. So it means that, every token have a place it is applicable and this starts from the on set of the project's life. So my opinion is, let exchanges works on improving their services which will bring more value to their token; this is also applicable to all projects in the crypto space.

You have a point but it does not apply to exchange only it also goes to all projects if the developers run away everything on that project dies down, if you are going to invest in an exchanged based token make sure, they are on top of their game, because the exchange industry is a very competitive market.

Indeed, any project would like to be listed at Binance, but in order to do this, the project itself must prove its potential value and this is not easy. I think if the coin is only listed at bad exchanges, then that project is unlikely to exist because people often invest only when they can definitely make a profit. In addition, if there is no strategy to attract new investors, those projects will often soon be forgotten.

I think that's why an exchange should keep it's good performance to maintain a good reputation and keep their own utility token to be recognize as well. Because if it fails, i think they would lose their investors and some other people might not use their exchange to buy or sell a token.

I don't think so. The main purpose for the exchange site's token to be used as a utility token on its own platform. that means it doesn't need to have utility usage outside from the platform consider it's not the purpose of token creation.

I am something bad happens to binance the BNB token will go down, the token is only useful on binance exchange platform, only BUSD can survive without the exchange running since it's a stable coin, hope you understand this point

I remember when people FOMO for exchange tokens, believing it must do say x10. Now it's glaring that it's not about exchange tokens, the most important thing is whether the exchange keeps up with development, hence ensuring high Liquidity plus bringing more advanced services to traders. Without this, an exchange token keeps dipping with time. Another aspect is whether the exchange token can be used outside the exchange, some like BNB and KCS have been doing ok in this regard.

Without Binance coins, I don't use any other exchange coins. I think Kucoin, Okex, Huobi coin and IDEX exchange token are trusted. Without volume, this exchange coin isn't valuable. I don't know if others coin use cases but Binance coin transaction is very fast and very low cost. So this exchange coin now has another use case without exchange.

that is why an exchange promotes and cooperates with several other exchanges. are BNB, YO, HTB, IDEX and others not promoted? besides that certainly one of its flagship features is getting a bonus / cheaper if you use these coins on an exchange. You can observe that BNB exists and is traded on several other exchanges besides the original exchange, as well as YO, Idex and other coins ... I'm sure all coins keep competing to be more popular.

no need to develop outside the platform, just use their own platform and provide some features so that their tokens are more widely used there, not only for fees

As we see there is no "utility" of exchange token outside its own exchange, they even don't list on other exchanges. As you say, if the exchange gets shut down, there is no value to that token, because its meant for that exchange for fees purposes only.
We should see exchanges as a project in which token is only used within its own ecosystem and not useful outside it.
The hybrid utility we see in BNB token. This is not possible for small exchanges.

Binance has recently been making many different uses for its token, a good example for other exchanges.

But in my view, at least these exchange tokens are having one real-world application unlike most other crypto coins and tokens because most of the crypto coins and token are just being created only for speculative reasons but exchange tokens are created for providing discounts on exchange fees. I'm not against making use of this exchange tokens even outside of the exchange but I don't think that will be having good scope.

Because, we are already having lots of coins for each and every functionality and reasons hence again coming for same purposes but just for the reason of being exchange based token will not be find enough adoption among this crypto community. So, like you have mentioned, there will be an extra layer of risk involved with these exchange tokens as exchanges hacking are happening more frequently and more commonly.

What other purposes BNB has? You'd better pray nothing happens to binance exchange, the only coin from binance that will be safe is BUSD not BNB, many holders will even panic sell which will crumble every thing within weeks, BNB token isn't useful outside binance exchange

Exchange tokens raised a trend, but to be honest, I do not believe that any exchange token will get to Binance level. Those guys are lot of steps ahead of other exchange tokens.

What I would say that there is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. I would say, mine is pretty rational and can help to find the most advanced solutions

No doubt that there are many aspects that matter. And I am not only talking about the idea as the idea, but much more about complex approach. So curious to hear your views

Basically, mine is the pretty complex - I am starting with the niche. For example, talking about me, I am fond of different progressive solutions. After the niche is chosen, I have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, opportunities and more

Interesting and rational, cause usually people just follow what everyone follows. But I love your strategy more, it is deeper and more objective. And are there many solutions you can outline that follow your requirements? Curious to hear

Nope, not many. I would only outline Clintex io. This is a new type of software platform aimed at transforming the medicine development industry through the application of predictive analytics, machine learning, and the novel use of blockchain technology and smart contracts in clinical trials. They are to bring down the cost of medicine and improve the speed to market of new medicines for the people who need them, through vastly reducing development costs for the global pharmaceutical industry. Google them and check the website

Yes the finances of the token are closely related to the how well the exchange is doing in terms of trade volume. Also I see many protocols are coming which allow Dex exchanges and rewards token holders with staking benefits .I am.nkt sure if this is sustainable in the long run.

Exchanges tokens are interesting and very good for long term hold depending on how active the exchange is, BNB token seem like the best exchange token at the moment, followed by OKB and HT (Huobi), my advice is to go for popular exchanges tokens and stay way from new exchanges tokens

Tokens is also good if it seems like legit with quality and trusted particularly if the value is high ,as far as I know almost all investors are still love the real token as lucky charms aside from respect to the authors.

Any scam can now be pumped up with a price, this is not a sign of a good token

Exchange tokens are tied to the success of the exchange, the most practising exchange token we have now is bnb, I must confess that binance coin is the only exchange tokens that you can find across several exchanges and that has increased its liquidity and volume. In securing exchange tokens, its wise to consider the exchange, I personally secured some catex exchange tokens with ticker CATT, that tokens has become a burden to me, as I can't afford to dump it at the present value because it won't pay my gas.

I also agree with you about this. Applicability of the exchange coins is just packing on their exchange and there are not yet used for usefull other purposes.

I find exchange tokens to be extremely beneficial. In ProBit Exchange, I can pay my trading fees using PROB (their token). And I can lower my trading fees to 0.03% if I stake PROB. So, yeah it has benefitted me A LOT!!

I think it is strategy the exchange , not promote coin his to the exchange other because he didn t want pay and took a lot of advantage since coin that it was him only to the his own , look just the large make coin like that , because he have a name

Exchange tokens derive their value from the use case placed on the tokens. Bnb is one of the most valuable exchange token because the exchange has created several use case and platform for the tokens. Bnb is listed across several exchanges and that has given it an aura of superiority among other exchange tokens. Before investing in an exchange token its best to consider the standard as well as the popularity of the exchange before making any commitment.

Almost not all token exchange is good in the market, few of them only remain on top in the market like Bnb, Okex, Bibox, Houbi, and more.
And I guess in my own opinion as long as there is a buyer and seller even their exchange has been close the coin remains exist, but I never saw like this happen to any of the exchange so far.

Maybe not only Binance has its own token which is famous for its BNB, it even existed before Binance was founded, for example the mercatox exchange, which promoted its exchange by holding a bounty in 2016 and creating their token called MERCA, and they successfully promoted their exchange and until now currently their exchange is still going well, indeed Binance is still the best exchange in the world this year, even I don't doubt the tokens they have like BNB ..

I really hope that there will be more and more exchanges like this to help and expand Digital / Crypto currencies in the future ...

This is one of the methods to increase investors to invest in coins, such as the BNB coin which is provided on the BINANCE exchange, all of which are cryptocurrency investment techniques.

Honestly Binance has really impacted a lot of positivity in crypto space. I've been holding BNB since 7$, sold some but still keeping at least 700$ worth in my portfolio for long term. Reason being Binance keeps building, new innovations and awesome surprises from time to time. I remember when most exchanges created their own tokens due to the IEO hype, hence making exchange tokens trend. Now Exchange tokens for those which didn't keep up with development are almost worthless, like catex, vindax and the likes. People who invested hugely in some of these exchange tokens are in big loss.

Exchange tokens is the way of binance to get more liquidity for there exchange. They are holding most of this and the only thing that keeps there token value rise is because of speculation. Binance is the first exchange to introduce there coin if I remember correctly that's they have the greatest value coin in terms of ROI. Good for you that you still holding on BNB. I believe that there is still a lot of potential growth for it due to increasing trading volume of binance. There burning feature makes this coin more valuable over time.

the best token exchange to date in my opinion is BNB other than that nothing else, BNB has a great future developments that always look positive
Apart from that the BNB volume is high on every exchanger it's not wrong if you invest in BNB and I continue to invest in BNB until now

Many exhange token are so useless presently.. Can't count the numerous I got in the past, still holding and so useless in value. Compared to the top 10 like binance, huobi, kucoin and others. One thing is I presently no longer believe in new project exchange token, they are perfect waste of time, when it comes to investment.

My worry is that such token will die if the exchange trading volume goes down. Some of the token can only be traded in the same exchange only, like KCS. If exchange token can make themselves visible in other exchanges that will be fine

Launching a separate token for each exchange just to get some incentives in trading, get shares from the transaction fee pool, join the IEO, and some other benefits. Depending on the exchange's strategy, how valuable their tokens are. Not any exchange that creates their tokens is good because they need to be very creative for people to buy and keep them.

KCS tokens are very good tokens even though KCS is only traded on the Kucoin exchange, because the Kucoin exchange is also a good exchange and the trading volume there is often stable although sometimes there is a slight decrease in the not so long term.

The main reason exchange create their own tokens is to bring more volume to their exchanges, they offer some features you could do only with that tokens like Voting, etc but the bad news is if that exchange get hack or a small leakage the price fell down like a freefall, I guess that makes that tokens Centralized and we cant call exchange tokens Decentralized tokens!

or in other word this used for utility in exchanges ecosystem. as we know some some exchanges have IEO launchpad and they have term for investors that want to participate, for excample binance required each investors to hold bnb to participate in IEO. while exchnges hacked , its not only exchanges token that effected, all cryptocurrency will get same impact

yes, I also agree as you have said. how valuable would their token be if the team could not market their own coins or get investors to buy their coins was not enough. Most of the traders are attracted by the top exchanges based on high coin trading volume and coin adoption is also increasing. such as Binance exchange and BNB coins.

having a community or having an ecosystem outside the exchange is good enough to drive their token exchange rate.
however there is no guarantee or support for long-term use if they dont integrated with their internal features or network.
So I think the ecosystem development on the exchange should be maximized in their system first, add more and original new feature.
and then can expanding out from their network.
in that way it will ensure the sustainability of their token on the market.

I think that the exchange tokens are very good if you pick them up.early or if you are a daily trader who trades with large amounts.this way you can get to save some commission.

I believe exchange tokens are very useful and they are mainly built to be used in that particular exchange, most times its been used for reducing trading fees in the exchange, although not all exchange tokens have a strong community,but an exchange like binance has found a way to build a very strong community for bnb by releasing several airdrops for Bnb holders, I have witnessed it, and in order for anyone to participate in any ongoing IEO on binance, they need to have a particular amount of bnb, I don't see bnb token becoming worthless anytime soon.

Depending on the exchange too, if the exchange is still bad or still in the low category, the token will automatically be worthless, so in this case it is also necessary to see which exchange is good and how the token is developed by the exchange.

Thats the downside of exchange coins.  You cant promote them outside of your exchange.  The reason they exist is solely because of the exchange.  This is the risk because no exchange will forever stay up so there is a ceiling for each one of these coins and they only have temporary use.  Too much risk for not enough reward, I'd steer clear of any exchange coins.

BNB top the profitable list of potential exchange token with all the use cases attached to it but has not done so well since last year pump. The recent pump was a trap when the whole market was even dumping. The new blockchain has not done so well but market reaction cant ruled out in the next few weeks. I think exchange token should have more use cases to adapt to the presence market

you are right also, token of an exchange should be make popularize in other exchange for benefit of investor, even though their is a belief that the token cant have issue, it should popularize out side to have:
1. increase in value of the token
2. To give investors confidence
3. To increase rate of demand
4. Market acceptability

Binance coin is the only exchange coin that you need. Others tried to copy the successful one, but when you see at the price, progress, use case, BNB is the winner. I did a mistake by buying exchange coins like Kucoin, QASH, and COSS - all of them brought me a huge loss.

They seem to be popular these days , I think it was binance first brought the idea and after that one after each other added their own tokens , I remember bnb was around 1$ first in the first days , and now around 30$ , even DEX exchanges are doing that too and today Uniswap introduced Uni token which has been added to binance and several exchanges in the first day!

Most exchanges launch their native tokens in order to look for more ways of getting a possible profit. And by launching their native token it will be a great promotion of their platform. with the use of their native token, it will give the users lots of benefits like less transaction fees, they can also use it as collateral on their trading, pay for the trading fees, and a lot more.

I think promotion of the exchange is one key role that the  coin play. Talking about the binance coin, the exchange wasn't very popular until the growth of bnb. At least for me, I didn't know of the exchange until the coin started being popular. Agreed to other points too, like fees and collateral.

I tried to claim my UNI token since I've quite used UNIswap for the most failed part of trying arbitrage trading. But then seeing the transaction fee will cost $16 each transaction!  Hollyfuckingcow whos the president of the USA?

Anyway if its price is going to climb up eventually its still worth claiming as its price right now is more than $3. I still got $1200 for each wallet I have tried using there.

My opinion, exchanges create their own tokens to receive profits for the platform's visibility thus obtaining profits to cover the costs of the website and servers, in addition to gaining the advantage of handling their own token!

   It's like you said, and OP is also right about his claims, but Binance is nor more than exchange token, they are like Ethereum,
a Blockchain that can be used for creating smart-contracts. That make Binance coin so different from other exchange tokens,
created on other chains.
   I think they work hard to make the profit, and why would they stop with that? As long as they are doing good job, they
will have supporters and users, and that can lead to the price rise in the future.

well indeed this method has many functions from the exchange and can provide a lot of profit for their platform so that currently the average large exchange has its own token, as happened a few days ago the Uniswapp exchange distributed tokens to those who had traded on the exchange and the value of the token is very expensive because it is listed on the Binance exchange.

Indeed there have been a lot of successful coins lately because the exchange itself supports all exchanges through these coins, while coins that do not have their own market will mostly be abandoned little by investors, so it's no wonder that coins that have their own markets have the potential to continue to increase.

Yes you are right. At this moment most of the exchanges have their own native token. And most of those token only use in exchanges. So if a exchange shut down the token has no value. But now a day many exchanges launch thei own chain to support the token. Like binance ,it has now a platform and a platform supported Dex so if binance have any trouble the coin maybe can live. Cause it will use in the platform. So yeah exchanges more often promote thei native token and introduce it to other fields. That's it.

Use this in the time of processing of one token having valuable to become profit or a coin that have successfully reach their target. Exchange tokens a process of coins having a value to make profits.

Exchange needs to extend their reach for their own token/coin, giving that scenario if the exchange failed the coin will go down with
the business, and most of the time that's the fear of most investors, Exchange needs to look for more venue of usage aside for being
a token only for the exchange itself but to expand the usages for more investors interest.

I think that everything depends on the exchange itself. If the exchange is large and well developed, then the token will be in demand. Large exchanges have a lot of resources to develop their project. Need good ideas, and exchages have the economic opportunity to relise them.

but for new exchange projects that generate tokens will be a long process and cannot quickly gain popularity. when their platform is well developed there is a huge potential for their coins to also increase. It remains only the steps and strategies created by the developer to make the function of the coin available to traders.

That's absolutely true we have many crypto exchange tokens available whose price are less than $1 there was the time when their price was used to be greater than $10 but as the exchange has shutted down the price of their native token has also decreased so I think native token has no future if their exchange gets shut down because of any reason

LOL.. obviously an exchange token will become worthless when the concerned exchange closed down. You were thinking otherwise? Since these type of tokens don't have any other usage, I expect them to become useless as soon as the exchange is nuked. This can happen to all the exchange tokens, including those with multi-billion market cap, such as Binance Coin and the Huobi token.

The price movement of cryptocurrency does not depend on the exchange place but depends on how the project develops and as much as possible it should be able to attract investors to enter and support it by buying it on an exchange, so it doesn't matter if the exchange is quiet or crowded if the project is very useful for many people then the price is potentially expensive.

So here we are talking about native exchange tokens. The more successful an exchange is, the more successful its token is. Isn't that right?

i invested in binance coin because it has other use case. the binance chain brought a different agenda to the binance coin. creating a platform for other projects to migrate and develop more using the binance project but i think there are other features that needs to be explore not only the smart contract. apart from trading fees, they can try creating other platforms that will allow exchanges to buy products from websites using their tokens as a means of authentication and authorization.

Token in exchanges are good, the users can use it to reduce the fee of the exchange when trading.
Not to mention that we can investing on the token, buy them and hold it in our wallet.
If the exchange success like binance, then we can sell it to get the profit.

The token from exchanges are a good thing because they have an utility, they reduce the fees and in the BINANCE case is you hold an amount of their token you can have cashback using their card. This is very good!!!

I think exchanges tokens are still a gamble up until now. Finding the purpose of these coins are hard because they're not performing well outside the exchange. However, I hope the devs won't leave these coins behind and balance their efforts in making the exchange sites productive and their coins as well. Don't get me wrong but I think exchange coins are still something we need to look into.

as uses with release of movement on price gives of point on appreciation the use with chart moderation might turns as token holder to gains with supports of identification to put with decision as might to gains with proper option on trading with arbitrage market.

Exchange tokens are dependent to exchange, I mean if something happens to the exchange like what just has happened to kucoin , the price goes to hell , that is why I suggest holding only very hight ranked exchange, and that only for IEOs , and farming or etc , not for a long term, cause everything can get hacked, it is just matter of time .

exchange tokens has real usage cases unlike most of alts that there are on market, they have liquidity.
And even if an exchange token is not innovative by any means - it still has pretty clear purpose and thats what valuable about them

At this moment of time almost every exchange have their own token. And it's very big business. Most of the exchanges came with their token with almsot no utility. Some of them are like you can pay your fees in exchange coin and you will be have some discount. But some gave dividend and some airdrop of new listing. But now most of the big exchanges try to make their own chain and use their native exchange coin in it. And most of the good exchange coin gives good profit also. So it's fine to invest in them.

Just a real talk you have spit on there. Some do really don't have any plans of innovation because there is a demand but once the demand starts to decline.
They will think of an idea how they can get back that demand easily. It's just going to turn them a situation like that for them to innovate their token.

yes, when talking about exchanges then Every utility token has such problems, it may be true that every company that owns its own coins needs to build a bigger community and not only for the adoption of the platform, but also need for the adoption of their own project coins.

Tech based solutions are developing more and more and getting to some industries that used to work without it. I am pretty impressed with the value that certain worthwhile solutions are bringing to the table. Of course, analysis is required here to evaluate every particular solution

Yes, for example, I am big fan of bots prevention services. And the field is developing fast, even though there are not many unique solution on the market

hCaptcha is designed to solve the most labor intensive problem in machine learning: labeling massive amounts of data in a timely, affordable, and reliable way. More data generally produces better results in training machine learning models. The recent success of deep models has led to increasingly large datasets, almost always with some human review. However, creating large human-reviewed datasets via Mechanical Turk, Figure Eight, etc. is both slow and expensive. hCaptcha allows websites to make money serving this demand while blocking bots and other forms of abuse. Check their website

It is extremely difficult to come up with a coin that exists only because of the existence of the exchange.
Binance is a unique exchange that was able to create extensive use for its own coin within its ecosystem, thereby significantly increasing its usefulness and value.
However, the rest of the exchange coins remain useful only within the framework of speculation.

I only trust Binance token right now and Uni token for decentralized exchange, they are the tokens and coins with good potentials there are so many exchange with their own token but they are nowhere the top, and the community did not support them because they only rely in the exchange platform and some of these token exchanges are not in the top of their industry.

I consider investing on exchanges tokens a very good decision, because surely the exchanges will have many promotions that benefit
investors to make their tokens popular. For example, staking at BNB will get a lot of benefits, therefore more people will decide to buy
BNB in the end. Apart from BNB, there are still many profitable tokens exchanges, including UNI, OKB and HT. Especially UNI tokens
that are currently hype, so investing in UNI tokens provides many benefits.

Known exchange will surely do that, they will try experimenting new ideas to bring more users to their platforms and for that they utility token will find it usages and investors will not be hard to decide joining with the ride.


We already see the success with BNB, all those tokens that being introduced really play a role for the exchange token to gained
value.


The hypes of  DeFi brings a lots of money to those early users as they received free airdrops which very decent just by using
the exchange.

Therefore, it is advisable for an exchange to have its own blockchain that can create various types of tokens in order to expand the reach of its community. if it only creates tokens and stands on the blockchain outside the exchange then it will not be independent

I really observe that, many exchange has they're own coin created, which is very good one towards the community, but is good for very exchange to develop their own Blockchain for more expansion of the crypto currency industries.

Exchanges take entry in crypto market, not for shut themselves down but run their business through it. I found many reason for using any exchanges tokens.as instance, If big exchanges launch their token, they also list it as pair with each of those currency, who are already available on that exchange.thus they collect their token price. Investors and holders may become pofitable from that token cause exchange fee can be minimize through that token, sometimes top token holders get discount & others facilities from exchanges

in short words, we got a lot of benefits by holding an exchange tokens in exchange rigth ?
but we should know if not all exchange token will give us a good profit, because its depends on the exchange volume and transactions mate and other factors too

in my opinion it is very difficult to make token from an exchange that can have functions outside the project, because the project of the token is an exchange, so the team must focus on the exchange to be the best and that will make a lot of people use the exchange, then it will make the exchange or the token can survive, so the most important thing in my opinion is to develop the exchange for the better and not focus on making the function of the token outside the exchange, because if the exchange can be better than other exchanges, then I am sure that many people will use the exchange and make the token useful.

Exchange is the way only how to sell your coin and not give guarantee for coin keep growing up if listed and stable on some exchange market but have big risk when some coin delist from exchange market. I know every day many token listed on exchange but not always token become worth and give us much profit because many exchange just get fee only for listing without check how potential coin for listing on their exchange. Now we found many fake token only listed few month and later delist from exchange because have bad result with lower price always, token is not guarantee for us always get much profit.

there is no difficulty adding new members or support from crypto users. but this is related to the top platform companies having their own coins such as Binance. traders & investors are no stranger to both the Binance platform and its coin BNB.

Yes, because platforms that are already well-known and popular will always be better known by everyone including new people in crypto, because when people are just starting to study hard, it's clear that they will find platforms that are more famous first than those that are not well known.

Exchange Tokens refers to an Exchange's own Token.
 There are many Exchange Tokens that have already become popular.
 Such as BNB
 Again, there are some Exchange Tokens that have already been dumped all the time.

So true of your insight on this. I have a couple of Tidex tokens from the Tidex Exchange (it's an exchange token too) sometimes I get worried of what could likely happen to my hodling if things were to turn south for the exchange because Tidex is only listed on just that one exchange. But like BNB, good things of life don't come easy. They take time. I remember when BNB got listed on its own exchange and how it dragged around less than 30 cents for weeks before spiralling onto a bull run and hitting an ATH. I strongly believe that every exchange token is laudable and a good buy.

Exchange tokens have not performed well to be honest other than a few exceptions especially as were expected. May be because the expectations were too high after the success of binance and bnb.
Till day there have been no new exchange with a token that has impressed me so i think this market has kind of saturated for now.

good idea, but its better to increase the security system of the exchange, because most of exchange now become the target from hackers
if the security is good, people will trade in confidence without any doubt and for sure this will increase the trust from traders to buy the exchange tokens buddy

I remember a new exchange launched back in 2018 i guess with name cobinhood and tokens called cob, the project, the platform and interface all looked promising and they claimed to be the only 0 cost trading platform. Everything was going on nicely but sudeenly it crashed and most probably there was some personal clashes among team members behind the scenes that resulted in closure of exchange i had over 10k COB tokens that are worthless now.

Almost all exchanges tokens are only created to be used within the exchange, for lower TX fees, and other goodies, like the way only BNB holders participate in binance launch pad, and yo holders participate in any IEO on Yobit exchange, most exchanges don't really bother to go further than that, I remember earlier this year when someone asked yobits telegram moderator if there were plans to list their yo token on other exchanges, they replied "No", so that means exchanges don't really bother much about been on other exchanges, but I'm glad binance team has created a standard for their BNB token in and outside their  exchange.

This is one of the reasons why investing or holding onto exchanges tokens are risky,because so many of them outside their exchange they are nothing, they only prove to be vital when used on their exchange, no strong community to back their token if their exchange eventually close down.

In one way or other it is a must to keep the market active. When it comes to exchange backed altcoins, the network is active through the trading activities. Most of the exchange backed altcoins mentioned by the OP are in good growth. Another thing these are low risk investment on cryptocurrencies from my view, because at any point the need of exchange won't come to an end. This assures of the long lasting, and we can prioritise these on long term holding needs buying at the lowest price possible during the bear trend.