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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Tahid12 on August 25, 2023, 09:58:54 PM



Title: Is exchange based tokens worth for hold?
Post by: Tahid12 on August 25, 2023, 09:58:54 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!


Title: Re: Is exchange based tokens worth for hold?
Post by: _act_ on August 25, 2023, 10:04:10 PM
Even the BNB, what if Binance got hacked or something happened and it fold up? BNB will crash and become useless. I used it as the example because it is the one you recognized most and the first among them if marketcap is used. Any exchange can get hacked and this may cause their token to become useless. Go for decentralized coin like bitcoin.


Title: Re: Is exchange based tokens worth for hold?
Post by: o48o on August 25, 2023, 10:19:23 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Well they have an obvous weak points. They might seem like decentralised tokens as transactions are permissionless, but their value is based on very centralized entity that doesn't have security of blockchain. Cexes can be hacked, have been hacked, exit scammed, failed and sued. After that only use case for that token is to short it. And if those exchanges that have their own tokens fail somehow, their token price will drop so fast that you need to be really fast to sell them. And if you try to sell them in that exchange that's failing, it's a possibility that you can't even get your money out.

There are different tokenomics and mechanism behind them and some are worth it while others are not, but they are very much centralized around their issuer.


Title: Re: Is exchange based tokens worth for hold?
Post by: JeffBrad12 on August 25, 2023, 10:31:02 PM
honestly it really depends, with this kind of tokens the performance and valuation depends on the exchanges themselves like BNB, whenever they have staking programs that tells them to stake some of the BNB the price went up, but if there's news surrounding the platform themselves in which giving negative impression the value of the token usually plummet.
i'd personally never gonna hold these tokens for long, at best just following staking program, its just not worth it. not to mention of suddenly the exchange asset got stolen or something similar to that.
i can be 100% sure that the value of token will just make a sharp down turn, there's just too many ways for these tokens to lose its value honestly that i don't think they are worth long term holding.


Title: Re: Is exchange based tokens worth for hold?
Post by: Wiwo on August 25, 2023, 11:11:51 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then the price will boom but most of those are like shitcoin, dumped 70-80℅ in the long run except bnb. So what do you think? I'm no longer going to invest in any exchange coin anymore!
You don't rely so much on centralized coins because even while they are sitting in your wallets, they can still be frozen,  or if the owner decides to take an exit your investment will become worthless,  so it does not matter how big the exchange is you can not build confidence in holding their coin most especially for long term base.

Most of the exchange tokens that you mention are best for paying fees and short-term speculation despite that most of the exchanges are big exchanges that have a proven history of sustainability.


Title: Re: Is exchange based tokens worth for hold?
Post by: EFS on August 25, 2023, 11:32:12 PM
It depends on the exchange. We've all seen what FTX turned into from one of the most reputable exchanges to going awol. Even the best exchanges make mistakes and disappear for a variety of reasons. When that happens their coins turn into garbage. Currently Binance appears to be the largest exchange and BNB has really paid off for its early investors. CZ seems to be untouchable in the market, but we all know what will happen to Binance if something happens to him. Don't trust anything about centralized exchanges much.


Title: Re: Is exchange based tokens worth for hold?
Post by: Hildentine on August 26, 2023, 03:35:20 AM
I think exchange based tokens are strong token and they also going long but its depends token activity if token is strong there concept is strong so its will be good its means exchange are help but main thing is token roadmap..


Title: Re: Is exchange based tokens worth for hold?
Post by: MAAManda on August 26, 2023, 04:10:25 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Exchange-based altcoins are one of the safest ways to invest, but this is only true if you are an early bird, I'm the lucky ones to have been an early investor in PancakeSwap (CAKE). If you invest your money in exchange-based altcoins when their ecosystem is already large, you will only be a loser or only make a small profit from it.

There are lots of L-1 projects popping up mate, my advice, you better pay attention to these projects instead of investing in exchange-based altcoins.


Title: Re: Is exchange based tokens worth for hold?
Post by: cryptoaddictchie on August 26, 2023, 04:49:32 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Based on results in the past it is worth it for quite sometime but it doesnt mean or guaranteed you forever privilege with that. There are numerous exchange fell down and didnt survive their closure. But some still retain and probably continue. Its always up to you to weigh the pros and cons or take advantage of the time while they are working best for you but dont be complacent enough to trust more than you are willing especially if you are risking your own money.


Title: Re: Is exchange based tokens worth for hold?
Post by: mindrust on August 26, 2023, 05:02:11 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Depends on the exchange's reputation imo. I would hold the tokens of binance and kucoin and dump the rest. Huobi especially has a very shitty reputation. Why would anybody want to make trades on their platform let alone owning their products... It don't make a bit of sense to me. Binance and Kucoin have been doing great so far other than the KYC fiasco but it happened to every exchange and casino so I don't mind it much. I have no idea about uniswap and I don't talk about the stuff I have no clue and I surely don't invest in them. Unless you know uniswap and the exchanges well enough, I advise you to do the same.


Title: Re: Is exchange based tokens worth for hold?
Post by: GreatArkansas on August 26, 2023, 05:51:47 AM
There's nothing about exchange-based tokens, they are all the same to me. But what I can see right now is new altcoins these days tend to be more risky, even if there's a high chance of high reward.
Among the list OP provided, the only first Uniswap, OG decentralized exchange for me, Uniswap for me will stay just like Ethereum.
Next is Binance and Kucoin only, they have been exchanges since 2017 and until now, they are all kicking alive! But just be careful, these centralized exchange are just like any centralized exchange who went bankrupt recently.


Title: Re: Is exchange based tokens worth for hold?
Post by: X-ray on August 26, 2023, 07:08:17 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on.
It's worth for hold as long as you will able to deal with the risk. The fact that if decentralized exchange site token was a governance token and it offers less utilities to the its token compared with centralized tokens.
Holding centralized tokens is worthy enough caused by you will be able to get various advantages like participating in the launchpad, discount fees, raffle event and many more. The dex token is not even worth to hold.
You will receive nothing from hold it. The only risk once the exchange site faces the same trouble as FTX. It will make the token worth nothing.

Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
The price movement of exchange token totally depending on the trend. You can't use the popularity from the exchange site as measurement to determine the future price of token.
Think about that.


Title: Re: Is exchange based tokens worth for hold?
Post by: dbshck on August 26, 2023, 07:43:41 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Exchange tokens' prices drop significantly when cryptocurrency trading activity slows down, like we're experiencing right now. If you bought them at higher prices last year, well tough luck. I think it's performance will still be highly correlated to the overall crypto market trend. So, if you think the crypto market will go up again in the near future, getting exchange tokens could be a way to profit from that.

That said, I wouldn't recommend buying tokens like BNB and HT. They have risky legal and regulatory problems. I can't count how many Binance and Justin Sun FUD we had in these last few months. Smaller exchanges like Kucoin might not be a good idea either. I'm personally more interested towards investing in Coinbase stock ($COIN). It's a public company with transparent financials and a leading position in navigating regulatory challenges in the US. With their recent expansion into international derivative exchanges and the launch of the Base chain, Coinbase stock has become even more appealing. It's definitely an asset I'm looking to accumulate during this bear market. But for individuals like me who aren't US citizens, purchasing this stock might be challenging.


Title: Re: Is exchange based tokens worth for hold?
Post by: Wexnident on August 26, 2023, 08:09:03 AM
They're probably worth to buy and sell every now and then, but definitely, not something I'd hold on to in the long run. You're probably better off trying to short them instead of the long-term, they are exchange regulated coins so there's always the risk of said exchange fucking it up all of a sudden, and you'd probably have no idea what even happened when your coins drop. Sure Binance for example is doing great right now, but they'd all fall and rise as a cycle imo, so shorting them is fine, maybe for even a longer period in case of famous exchanges tokens, but other than those short.


Title: Re: Is exchange based tokens worth for hold?
Post by: blockman on August 26, 2023, 08:10:45 AM
I think exchange based tokens are strong token and they also going long but its depends token activity if token is strong there concept is strong so its will be good its means exchange are help but main thing is token roadmap..
Like a few of them are good to long for long term but this is to each their own. As you're saying that token's activity is the concept that investors have to look at.
Well, it's right but aside from the actual token's movement. There's the involvement of the actual exchange if they're doing good or not. You can see that for example Binance and its BNB.
Whenever there's news about Binance having trouble with SEC, the coin of it reacts and that's why it's like playing in two books. The economy of its token/coin and the exchange itself.


Title: Re: Is exchange based tokens worth for hold?
Post by: bussybuddy on August 26, 2023, 08:37:25 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
There is no absolute guarantee that they will increase in price in the future, of course we all know their popularity and strength, but they are always subject to fluctuations with the trend of bitcoin, case of FTX teach everyone a lesson to be more wary of CEX. However, I also think that buying many different types will also reduce risks and increase opportunities, at the moment it is not suitable for me to start accumulating many altcoins, it is better to observe Bitcoin movement.


Title: Re: Is exchange based tokens worth for hold?
Post by: catdaunt82h on August 26, 2023, 10:53:07 AM
That level of price decrease is completely normal; if you're a true investor, you must have patience and wait  :D


Title: Re: Is exchange based tokens worth for hold?
Post by: fzkto on August 26, 2023, 11:23:12 AM
I think that any token of any exchange is not safe for investment. I don't even have to give the example that probably all exchanges have always had the same scenario of hacking or bankruptcy. It is better to find some other coin for investment, because tokens of exchanges are also altcoins.


Title: Re: Is exchange based tokens worth for hold?
Post by: cheezcarls on August 26, 2023, 11:34:53 AM
It really depends if the exchange token itself has a good utility. Like for example, Echodex exchange has a ECP token.

It has an interesting use case where we can reduce trading fees if we hold some ECP tokens into it. It has an option where we can either go for the traditional ETH trading fee or the ECP fee to save more.

For me, if I consistently use this exchange and take advantage of this utility, it would be worth to hold them.


Title: Re: Is exchange based tokens worth for hold?
Post by: Tipstar on August 26, 2023, 11:36:07 AM
Exchange based tokens increases in price when there demand is high. The demand is higher when there are larger number of transactions are happening in the said exchange. That happens when there is a bull run. So in short almost all tokens of popular exchanges rises upto 100% where there's a bull run. They are a good investment both as buying low and selling high and as cheap way to make transactions happen. I happen to buy a few number of exchange tokens when I have money to spare. It's a good investment if you believe in the future of the exchange.


Title: Re: Is exchange based tokens worth for hold?
Post by: iv4n on August 26, 2023, 11:39:16 AM
Well, some exchange-based tokens have had pretty good success over the years... now most of them have lost a lot of value, but I believe that some of them will make new records. Some of them for sure, but which one is hard to say, that's why investing is similar to gambling. Any exchange, doesn't matter how big or small is, can end up like FTX, one of the recent examples. I have some exchange tokens, but nothing much, it's ok to invest in some risky stuff as long as we don't risk everything we have.


Title: Re: Is exchange based tokens worth for hold?
Post by: internetional on August 26, 2023, 11:54:52 AM
It makes sense to keep cryptocurrency exchange tokens on your balance on the exchange if you use the exchange's services and the exchange offers discounts on fees when paying with these tokens. And if the exchange offers margin trading with these tokens, you can buy them to pay fees and simultaneously short them to avoid losing money in case of a price drop.


Title: Re: Is exchange based tokens worth for hold?
Post by: radjie on August 26, 2023, 12:48:40 PM
For now, many new Altcoins are creating their own exchanges, of course that is aimed at attracting more investors and more people using them, but before putting any money into it, it's best to first look at the liquidity of the associated token.
There are many problems with new exchange tokens unable to develop their own projects, therefore, exchange-based tokens do not guarantee good potential in the future


Title: Re: Is exchange based tokens worth for hold?
Post by: DabsPoorVersion on August 26, 2023, 01:06:47 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Its risky mate. Just one bad news regarding the exchange or if the exchange was hacked, all ypur money will be gone. Also, don't bag altcoins especially exchange tokens for a long period of time. It is best not to be loyal on some coins and hold them as you will missed a lot of opportunities to buy other coins that might go up. Once you made a profit, better to buy another coin next than staying loyal.


Title: Re: Is exchange based tokens worth for hold?
Post by: AmoreJaz on August 26, 2023, 07:23:29 PM
For now, many new Altcoins are creating their own exchanges, of course that is aimed at attracting more investors and more people using them, but before putting any money into it, it's best to first look at the liquidity of the associated token.
There are many problems with new exchange tokens unable to develop their own projects, therefore, exchange-based tokens do not guarantee good potential in the future

the lifespan of any exchange token or coin depends on the trading platform itself. this is why very few of them have the chance to survive long. what you can see here is that bnb is the like the strongest of them. as it is the top exchange right now. but we can't assure that they will have the same status in the future. as a holder, what you can do is keep up with their developments and see where they are heading to.


Title: Re: Is exchange based tokens worth for hold?
Post by: nelson4lov on August 26, 2023, 07:43:38 PM
Exchange-based altcoins are one of the safest ways to invest, but this is only true if you are an early bird, I'm the lucky ones to have been an early investor in PancakeSwap (CAKE). If you invest your money in exchange-based altcoins when their ecosystem is already large, you will only be a loser or only make a small profit from it.

There are lots of L-1 projects popping up mate, my advice, you better pay attention to these projects instead of investing in exchange-based altcoins.

I agree with some of the points you made, other points, not so much. The part about exchange tokens being the safest assets to invest in crypto doesn't hold true most times and it depends on when you got in. For someone who gets in when the price have gone up, not so great. In the current bear market, exchange tokens have suffered from market downturns but are holding up better since exchange business is still a profitable business. Binance used to burn BNB tokens to reduce the supply when helps the price to stay afloat even in terrible market conditions.


Title: Re: Is exchange based tokens worth for hold?
Post by: Rengga Jati on August 26, 2023, 07:53:48 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Currently, all coins and even Bitcoin are still experiencing a bearish era, so all of them are still far below their price and may not have met our high expectations. We still need to see how their potential will be in the future, especially in the bullish era later.
Regarding token/coin-based exchanges, in my opinion, it will really depend on the coin and the exchange platform. But actually, they should have a bigger chance than some other usual altcoins, because after all, exchange tokens usually have a different function, and are usually used for transactions on the exchange platform or used as something interesting on the exchange. And if they do have a good market cap and as long as they are still actively used, this will probably continue to grow. but again, no one can guarantee that 100%. All altcoins will still have a risk. So, you should really be careful even if it's an exchange token. I personally only hold BNB at the moment and believe that the coin will go up quite well in the future.


Title: Re: Is exchange based tokens worth for hold?
Post by: hugeblack on August 26, 2023, 08:04:24 PM
Exchange based tokens are a reflection of the extent of the financial capabilities of those exchanges, and given that these platforms do not define these tokens as an investment, and it is difficult to find an exchange that has continued as TOP 20 rank crypto exchange for more than 5 years, I think it is a bad investment if you want to consider it a long-term investment. We can consider it a medium and short-term investment if you are sure that the platform will grow in the coming years (less than 3 years) or are sure that there is an event or variable that will lead to an increase in demand for that platform and thus increase the value of the token. Otherwise, it is a bad investment.


Title: Re: Is exchange based tokens worth for hold?
Post by: Huppercase on August 26, 2023, 08:25:22 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Do you know what gave people an impression that exchange token were good back then, it was because of the utility they had as an IEO. It was Binance that started it back then when they use to allow some users have access to early token sale and sell for high price usually around 5X and above, so this tokens were the hype in the town then, so kucoin and other exchanges follow together and that's how they become the best thing to invest, you know people follow the trend in crypto.

However, when the IDO which is initial decentralize offering becomes the new hot trend that gives 100x in profit as compare to IEO, investors moved to IDO and abandoned the centralized exchange token for launchpad tokens, it was crazy how you see people make thousands by locking launchpad tokens but all of those tokens are dead like the exchange tokens, they don't boom like before again.

Decentralize exchange tokens were popular because of their tokens that were Airdrop and prioritize by exchanges back then. Like Binance for example supported pancakeswap because it was launched on their BSC network and you know what happened when Binance pick interest in a project, it was massively pump as everyone thinks it's the next BNB that will change decentralize tokens but all are nothing but scams.


Title: Re: Is exchange based tokens worth for hold?
Post by: o48o on August 26, 2023, 09:49:12 PM
Do you know what gave people an impression that exchange token were good back then, it was because of the utility they had as an IEO. It was Binance that started it back then when they use to allow some users have access to early token sale and sell for high price usually around 5X and above, so this tokens were the hype in the town then, so kucoin and other exchanges follow together and that's how they become the best thing to invest, you know people follow the trend in crypto.

However, when the IDO which is initial decentralize offering becomes the new hot trend that gives 100x in profit as compare to IEO, investors moved to IDO and abandoned the centralized exchange token for launchpad tokens, it was crazy how you see people make thousands by locking launchpad tokens but all of those tokens are dead like the exchange tokens, they don't boom like before again.

Decentralize exchange tokens were popular because of their tokens that were Airdrop and prioritize by exchanges back then. Like Binance for example supported pancakeswap because it was launched on their BSC network and you know what happened when Binance pick interest in a project, it was massively pump as everyone thinks it's the next BNB that will change decentralize tokens but all are nothing but scams.
Well those are not the only reasons people buy them. For example Unu Sed Leo is bought back from the markets by bitfinex cex and they are burning it all the time. and they are very transparent on it. And unlike bnb that's going to burn 50%, Unused isn't going to stop there. They just keep buying. And even though that's not happening too fast, it reads on their whitepaper, that if they get their stolen bitcoins back, they are going to use them to marketbuy all the Unu Sed Leo they can. So it's a speculative asset that could potentially make people very rich if everything goes according to plan.


Title: Re: Is exchange based tokens worth for hold?
Post by: tsaroz on August 27, 2023, 01:09:17 PM
Exchange based tokens specially from centralized exchanges are a good investment at the moment considering their price point and potential for future rise. All of these tokens have value added to them on virtue of use of that exchange be it for transaction fees, participation in pre-sales or burning the coins through exchange profits. For a good investment, you should decide the good exchanges. The exchange that would remain a top place for traders would give profit on it's coin while scams and failures like FTX would make you loose. DEX are not as good of investment now as the market is still highly volatile.


Title: Re: Is exchange based tokens worth for hold?
Post by: Xal0lex on August 27, 2023, 05:47:43 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

These tokens are good to buy before the global bull run, because during such periods trading volumes increase dramatically and these tokens start to grow in value, but at the same time I can't say that these tokens are great for a long-term hold. I mean, they are just like altcoins, which are directly dependent on the state of the market and therefore, when a bearish trend starts, they should be sold in time.


Title: Re: Is exchange based tokens worth for hold?
Post by: dimonstration on August 27, 2023, 05:58:26 PM
So what do you think? I'm no longer going to invest any exchange coin anymore!

Exchange token is not that hype anymore for investment purposes because most of the exchange is already fully developed unlike which exchange is just starting to introduce this kind of utility token that is not normal to crypto investment. So far, most exchange has their own utility tokens that gives this kind of token less in demand compared before that you can benefit on it since only few exchange has it.

Keeping some of them to reduce trading fee is good but holding them as investment will not gonna make you good return just like before.


Title: Re: Is exchange based tokens worth for hold?
Post by: trangdichvuj28 on August 28, 2023, 09:38:03 AM
You invested at the wrong timing. Almost any token on an exchange experiences growth during an uptrend season, while during a downtrend, almost all tokens tend to decrease significantly in value.


Title: Re: Is exchange based tokens worth for hold?
Post by: Apocollapse on August 28, 2023, 10:08:15 AM
Worth for hold if you're using the exchange and you're a big trader, because staking in their own exchange will give you some benefit e.g. trading fee reduction, VIP group, voucher, gift etc.

If you're not use the exchange, it's really not worth to buy token base exchange.

Always remember there's no centralized exchange will last forever, they're just waiting the time to get hacked and went to bankrupt.


Title: Re: Is exchange based tokens worth for hold?
Post by: Hispo on August 28, 2023, 10:22:09 AM
To be honest, I prefer to stay away from exchange tokens specially if they are centralized exchanges as Binance is. Those tokens tend to be strictly tied to the performance of the exchange and the decisions taken either by the CEO or whales (in case of decentralized exchanges which use their tokens as governance votes).

It would be easy for someone not to be paying enough attention while something very relevant is going on in the exchange which issued those tokens one has bought.

There is also the future risk of those tokens being legally considered as unregistered securities, and the SEC taking actions, translating to a drop in the price. If you have enough time to monitor the exchange news and the lawsuits, then it is fine to invest in those tokens, otherwise it would be better just to put money on coins you truly believe in and there is a very unlikely possibillity of being targeted by SEC.


Title: Re: Is exchange based tokens worth for hold?
Post by: Adbitco on August 28, 2023, 12:04:34 PM
Sincerely speaking, altcoin are altcoin so they are pron to have risk as well being an exchange doesn't guaranteed price soaring like no other. I think Uni did well during their first one year of after their airdrops but I don't know what happened about the sudden dropped, and BNB of Binance exchange is another strong token that doesn't significantly dropped like other but, I guess it was because lots of projects has configured their tokens using bsc and this alone gives them a solid foundation to remain strong in the market today.
So to me I classified altcoin to be same so, why not change your investment plan or holding more of bitcoin and less of altcoin with this your risk of losing is minimal.


Title: Re: Is exchange based tokens worth for hold?
Post by: Ziskinberg on August 28, 2023, 12:10:42 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Based on your experience, you can see what really happened and could think if it is worth continuing or just selling them for a better opportunity.
Whether it is an exchanger token or not, I don't keep it when I notice that there is no improvement because it is just like we wasting our time waiting for nothing. In fact, there are a lot of potential coins that are worth investing in and are more profitable than these exchange tokens. Well, BNB is different but still, if we look it is not really profitable, we can diversify our investment to a better one.


Title: Re: Is exchange based tokens worth for hold?
Post by: Husires on August 28, 2023, 12:21:08 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Why did you exclude BNB? Like other currencies, it is centralized, controllable, and depends mainly on Binance. In short, by purchasing BNB, you trust the future of Binance. If you expect that they will continue to make themselves the number one platform, the price will rise, otherwise the price may quickly reach zero because it is completely centralized.
It is like trusting the local currencies of a developing country, and perhaps investing in BNB is more risky than that. If I were you, I would invest in new CEXs tokens that can grow quickly, the ones that are trying to make their way between the ranking of top crypto exchange if they succeed in that, the price will rise like crazy, and if they fail, I will not invest more than 5%.


Title: Re: Is exchange based tokens worth for hold?
Post by: danherbias07 on August 28, 2023, 02:37:14 PM
A chance. A risk. That's what I think about altcoins that were produced by exchange.
IMO, they are not the high-risk type of coins especially if an exchange already proved its reputation. BNB is a good example of that. I mean, where did it really start? From scratch. Not many big investors did invest with them but most are retail buyers and then those who are using the exchange. Traders.
They are the ones who reaped the rewards of the sudden boom of Binance and BNB. Now, finding another is like a needle in the haystack because Binance already made its root that they are the top exchange out there and it's not easy to destroy that high reputation they built.
I am holding some exchange coins too and still hoping for a good pump and harvest my long-term investment.


Title: Re: Is exchange based tokens worth for hold?
Post by: woez on August 28, 2023, 03:15:56 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

I think Cake is also good and until now there have been no sideways issues about their platform PancakeSwap. and I see it is in one of your portfolios, so apart from BNB cake it also has a strong reversal if conditions return to normal which is an excellent feature that I like is that there are no intermediaries on the platform and of course if BTC has started to bull..


Title: Re: Is exchange based tokens worth for hold?
Post by: abel1337 on August 28, 2023, 04:20:07 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
It's a tradable crypto asset so expect a volatility in it even their product is well used by the community. Even if the exchange add more pairs everyday consistently, it doesn't mean it will pump everyday.  If you lost your fate into exchange token, it's a no brainer to not invest in it anymore. I personally have one exchange coin which is BNB. There's a lot of speculations happening around but there's a chance that if binance hold their price until the next bull market, I'm sure I can make a profit on that coin.


Title: Re: Is exchange based tokens worth for hold?
Post by: fullhdpixel on August 29, 2023, 08:42:15 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Investing in exchange tokens or coins is extremely risky and it totally depends on how much you trust an exchange and also the popularity and reputation of the platform. However, sometimes, a popular and reputable platform touches the ground in no time just like what happened in FTX which left a lot of investors broke because they had put their trust in the exchange and its native token but it didn't work out and investors lost millions of dollars in investments.

So, there are a lot of factors to be considered before making such an investment, but still, it's better if you buy and hold cryptocurrencies that you think are not associated with an exchange or a platform that can face regulatory complications any time in the future because that can always cause issues.


Title: Re: Is exchange based tokens worth for hold?
Post by: shinratensei_ on August 29, 2023, 11:38:57 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Based on your experience, you can see what really happened and could think if it is worth continuing or just selling them for a better opportunity.
Whether it is an exchanger token or not, I don't keep it when I notice that there is no improvement because it is just like we wasting our time waiting for nothing. In fact, there are a lot of potential coins that are worth investing in and are more profitable than these exchange tokens. Well, BNB is different but still, if we look it is not really profitable, we can diversify our investment to a better one.
BNB is different breed here in this case, its got its own smart contract blockchain that we all know have the advantage of being extremely cheap if compared with ethereum added with the fact that so many project are deploying their smart contract there which means increased demands for BNB to be used for gas fee.
now even binance is having consistent project fundraising through their platform which is binance launchpad that significantly utilises BNB.
it just means that its a whole different level if compared with the other altcoins in general, thats why its value is retained so good because to put it simply its just that good.


Title: Re: Is exchange based tokens worth for hold?
Post by: riantolie on August 30, 2023, 09:12:02 AM
I don't trust exchange coins. I never did, FTX history was a good example. I'm simply stacking sats in OWNR wallet with a few altcoins and that's enough for me. There are plenty of good coins to choose from without BNB and others like it.


Title: Re: Is exchange based tokens worth for hold?
Post by: xen1oph on August 30, 2023, 09:26:32 AM
Exchange-based tokens can be a tricky game, and not all of them turn out to be winners. But hey, that's the beauty of investing – sometimes you win, sometimes you learn. Take this as a valuable lesson and focus on diversifying your portfolio with a mix of different crypto assets. The crypto world is full of surprises, so keep your chin up and keep exploring!


Title: Re: Is exchange based tokens worth for hold?
Post by: Kelvinid on August 30, 2023, 11:08:10 AM
Exchange-based tokens can be a tricky game, and not all of them turn out to be winners. But hey, that's the beauty of investing – sometimes you win, sometimes you learn. Take this as a valuable lesson and focus on diversifying your portfolio with a mix of different crypto assets. The crypto world is full of surprises, so keep your chin up and keep exploring!
But if you are only investing valuable coins, you can also avoid big losses. However, as we talking about exchange tokens, nah, we need to be very careful with them because the majority are just shitcoins and useless exchanges. If we are into the look for profit, therefore, better to stay away from them or just invest only in Binance coins for safety.
Whether to say that the market is full of surprises, yeah it is if we don't know how it works. But we can anticipate the situation, then we can say that crypto is really a good investment.


Title: Re: Is exchange based tokens worth for hold?
Post by: Taskford on August 30, 2023, 11:54:21 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Nothing guarantee anything even if its popular exchange so even if they are having a good run better take extra precautionary measures on your investment. But since you acquired some good coins there still it has potential to rise up its just you need to be aware always on the news and don't get hype easily so that you can think nice then sell according to what target you set.  Remember that to many manipulation so best to think always securing your profit rather than became a greedy dude and bag hold their coins if bad scene hit in the market.


Title: Re: Is exchange based tokens worth for hold?
Post by: benalexis12 on August 30, 2023, 01:04:19 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

That depends on who you believe. Before I invested in kucoin, because kucoin used to be when you bought it, even if you didn't trade it, as long as you held it, it would automatically stake on its own platform. And now, as far as I know, Kucoin has stopped it, and after that, I sold my holding of it. But for now, the only thing I see that is okay with me is Binance, or BNB, in my opinion. This is the only thing that can be seen if it can be said that there is really strong potential in the future.


Title: Re: Is exchange based tokens worth for hold?
Post by: trendcoin on August 31, 2023, 01:53:34 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

I never trust centralized exchanges excessively, but if you categorize the market, you can see that they have a significant share... So, I think it makes sense to invest in exchange tokens in the same way that it makes sense to invest in defi platforms or Layer 2 protocols or play2earn tokens, and I think that's largely the right strategy... However, no matter what, the market moves in a way that is heavily dependent on Bitcoin. So your gains from altcoins actually depend directly on Bitcoin's performance...



Title: Re: Is exchange based tokens worth for hold?
Post by: jasonjm on August 31, 2023, 03:20:08 AM
It is not advisable to hold exchange tokens in your portfolio because they are linked with a single entity, and whenever there is some negative news, the token price will crash. After the FTX crash and bankruptcy, it is now clear what might be the eventual fate of the exchange token.
Invest in BTC and ETH instead for a secure investment.


Title: Re: Is exchange based tokens worth for hold?
Post by: Yaunfitda on August 31, 2023, 03:32:26 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Sorry bro, for me, it's not worth it. Perhaps when the trend started by BNB took off, everyone thought that it will be the biggest hype. But as we all know in crypto, only the prime movers will remain strong and that's what happen to them, they are still in the top 5 of crypto market.

But as others you mentioned, they are either dead or the price is not moving at all. Maybe one benefit is that if you used that exchange and then you can save a lot from using their native token. But as far as investors and holding them? Nah, I wouldn't recommend that.


Title: Re: Is exchange based tokens worth for hold?
Post by: eaLiTy on August 31, 2023, 04:09:20 AM
~
I personally have one exchange coin which is BNB. There's a lot of speculations happening around but there's a chance that if binance hold their price until the next bull market, I'm sure I can make a profit on that coin.
It is a fact that Binance is facing pressure from the regulators as they already sued them and SEC claims that it is an illegal exchange and the legal fight is ongoing, so these are not speculations, these are the issues they are facing and it is having an impact in the price. If everything is fine then it will rally big in the next bull run, but if the regulators are behind them, then there is risk if you are expecting a profit.


Title: Re: Is exchange based tokens worth for hold?
Post by: Ultegra134 on August 31, 2023, 08:13:47 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Why did you exclude BNB? Like other currencies, it is centralized, controllable, and depends mainly on Binance. In short, by purchasing BNB, you trust the future of Binance. If you expect that they will continue to make themselves the number one platform, the price will rise, otherwise the price may quickly reach zero because it is completely centralized.
It is like trusting the local currencies of a developing country, and perhaps investing in BNB is more risky than that. If I were you, I would invest in new CEXs tokens that can grow quickly, the ones that are trying to make their way between the ranking of top crypto exchange if they succeed in that, the price will rise like crazy, and if they fail, I will not invest more than 5%.
The FTX incident is enough if you take into account how much money investors lost due to their token, FTT. Generally, BNB and Crypto.com's coins look promising, and BNB even has its own network. I've seen a lot of comments focusing on the centralized nature of these coins and a possible attack against Binance, which I find highly unlikely to crash the whole exchange and its coin, to the point we see another FTX incident. Although attacks have occurred in the past, they only had short-term effects on the exchange.

Now, to return to the centralized nature I mentioned earlier, the OP also mentioned decentralized platforms, which, in my opinion, may be more prone to hacks and exploits due to potential errors in their code. Beefy's coin, for instance, BIFI, which had lost a lot of ground and support in the past few years, has plummeted in price compared to 2021 or even 2022.

The general rule is that when you invest in such a coin, you're supporting and trusting their platform.


Title: Re: Is exchange based tokens worth for hold?
Post by: lalabotax on August 31, 2023, 09:12:26 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
It will depend on what exchange token you are investing.
If seen from your list, some are probably worth it to hold and some may be not.
As we know, not every exchange is actually potential and able to survive during the crisis or bearish era. I know what you mean. During this bear market, all exchange tokens dropped very down, even it is BNB from top exchange. but, as you know, all crypto market during the bearish era is decreasing. If you are counting your assets right now, they must be decreasing. It means that nothing to expect to much during this bear market. But, this may be different during the bullrun era. Most crypto will be rising up, so will the exchange tokens. But once more, not every token will be also following to rise. Many of them are not able to survive and then falling to the earth again. If I were you, I will also be so much careful when going to invest in exchange toke, because not all of them are potential. But here, BNB may be verygood idea to holdm this really has potential.


Title: Re: Is exchange based tokens worth for hold?
Post by: Bushdark on August 31, 2023, 09:38:58 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
You need to understand that exchange coin are not always been hyped like other coins that is why you tend to be making some few loses. And sometimes exchange coins do not move like the way they ought to move because people don't always invest in them.
If you want to make some good profits from the market, then you need to be ready to invest in new projects so that you can maximize your profits before the marketmarket finally falls, by then you would have taken your profits and move to the next new project available for launching. This is how many investors do make there money from the market without any struggles.


Title: Re: Is exchange based tokens worth for hold?
Post by: JeffBrad12 on August 31, 2023, 11:24:57 PM
It is not advisable to hold exchange tokens in your portfolio because they are linked with a single entity, and whenever there is some negative news, the token price will crash. After the FTX crash and bankruptcy, it is now clear what might be the eventual fate of the exchange token.
Invest in BTC and ETH instead for a secure investment.
true most of these exchanges token are having single point of failure, their exchange goes bankrupt and something goes wrong like their assets gets stolen then the token is done for.
moreover, we've seen currently stagnating chart of these exchange token, in which means that maybe they gonna be stuck until bullrun is coming.

i'd instead hold some other coin like bitcoin, ethereum even the newly released token and coins that being used heavily for alternative blockchain of ethereum, i just feels like there are far more potential there compared with the ones with the exchange token, unless bullrun is near of course.


Title: Re: Is exchange based tokens worth for hold?
Post by: LogitechMouse on September 01, 2023, 06:44:20 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
When did you bought these exchange tokens? If you bought it last 2021 then I guess it's quite normal that you see them dumped at least 70-80% because of the bear market that happened next year.

TBH, most of the coins that you shared, and bought aren't a bad exchange at all. BNB, KCS and HT has been running for quite some time already. Uniswap on the other hand is the first DeFi, and I guess it's still running. Cake is the first DeFi under Binance Smart Chain, but over time it became a shitcoin. In general, investing in exchange tokens isn't a bad idea, but I don't recommend them for long term holding, not even BNB which is the most popular exchange right now.

Over the years, there has been numerous incidents where these exchanges are losing money because of some bugs or hacks whatsoever. I mean I don't know if I can trust these exchange tokens knowing that anytime, they might be the next victim of these hackers.


Title: Re: Is exchange based tokens worth for hold?
Post by: Godday on September 01, 2023, 07:27:42 AM
If you want to make some good profits from the market, then you need to be ready to invest in new projects so that you can maximize your profits before the marketmarket finally falls, by then you would have taken your profits and move to the next new project available for launching. This is how many investors do make there money from the market without any struggles.
But that's a little difficult to realize. Every year there are thousands of new crypto projects popping up and our chances of getting a green project are very few. It's like betting at a bookie. Some may suggest checking white papers and so on but what happens when coins are launched on the market is how lucky they are to get people's attention. I think choosing blue chip projects is more feasible.


Title: Re: Is exchange based tokens worth for hold?
Post by: Kavelj22 on September 01, 2023, 08:20:26 AM
Exchange-based tokens can be a tricky game, and not all of them turn out to be winners. But hey, that's the beauty of investing – sometimes you win, sometimes you learn. Take this as a valuable lesson and focus on diversifying your portfolio with a mix of different crypto assets. The crypto world is full of surprises, so keep your chin up and keep exploring!

These currencies cannot be trusted and are too risky to use as an investment. There is no guarantee that a particular platform will be solid and that it will not experience difficulties at any stage of its operation. We have a good example with the FTX exchange, which collapsed in record time without anyone noticing anything, and how its distinctive currency, Ftt, contributed to the ease of that collapse.

I suggest that the use of any of these currencies be restricted when we use the platform issuing them. Having a few of them to use in the form of usage fees for the platform's features will not hurt much and will definitely be useful, while it is better not to use them for other purposes.


Title: Re: Is exchange based tokens worth for hold?
Post by: @sriyan on September 01, 2023, 08:40:56 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
When did you bought these exchange tokens? If you bought it last 2021 then I guess it's quite normal that you see them dumped at least 70-80% because of the bear market that happened next year.

TBH, most of the coins that you shared, and bought aren't a bad exchange at all. BNB, KCS and HT has been running for quite some time already. Uniswap on the other hand is the first DeFi, and I guess it's still running. Cake is the first DeFi under Binance Smart Chain, but over time it became a shitcoin. In general, investing in exchange tokens isn't a bad idea, but I don't recommend them for long term holding, not even BNB which is the most popular exchange right now.

Over the years, there has been numerous incidents where these exchanges are losing money because of some bugs or hacks whatsoever. I mean I don't know if I can trust these exchange tokens knowing that anytime, they might be the next victim of these hackers.
I think nowadays we have a lot of exchanges with the tokens.

1. BNB - Binance Exchange
2. KCS - Kucoin Exchange
3. UNI - Uniswap
4. GT - Gate.io
5. MXC - Mexc
6. OKB - OKX

So the exchange token only depends on the exchange. If the exchange is hacked or something, then the exchange token will be rekt.

Eg: FTT in FTX exchange

It is good invest in to new exchnage tokens. Because with the growth of the exchange, the token price will increase. But there is a risk as well.



Title: Re: Is exchange based tokens worth for hold?
Post by: Questat on September 01, 2023, 08:58:17 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
You're doubted already but you still hold them. You'd rather sell them now and stop wasting your time with these coins aside from BNB.
Investors are not buying these exchange tokens because they are not as profitable as we think. Although they are still available in the market but since we are aiming to earn a profit, they are not the best coins to choose.
Well, the decision is still yours but if I were you, I don't invest them. I'd rather use my money to buy BTC, ETH, and BNB, they are worth investing either long-term or short-term.


Title: Re: Is exchange based tokens worth for hold?
Post by: jobyreuben on September 01, 2023, 09:21:08 AM
It depends on the exchange. We've all seen what FTX turned into from one of the most reputable exchanges to going awol. Even the best exchanges make mistakes and disappear for a variety of reasons. When that happens their coins turn into garbage. Currently Binance appears to be the largest exchange and BNB has really paid off for its early investors. CZ seems to be untouchable in the market, but we all know what will happen to Binance if something happens to him. Don't trust anything about centralized exchanges much.

That's absolutely right, these exchanges launch a token which seems to replace trading fees in fiat money where they hold majority of the distribution launch it in DEX and get profited, While these exchanges work better due to flexibility and the speed of executing millions of orders a sec that doesn't mean they can confidently launch a centralized token and force its users to use it in their services, while many take bet on holding these exchange tokens, while we all know what happened to FTX, in the world of falling tokens like LUNA can we expect a centralized coin to not fall? Going for bitcoin is the only better option as its the perfectly decentralized hard money to hold. CZ's fame is untouchable due to the fact that binance is hugely popular and by running a POA based centralized EVM network, they are hosting thousands of "D"Apps which are not "D"ecentralized and running on a centralized coin. Satoshi left bitcoin for a reason that a decentralized people's network shouldn't be influenced by a single/group of persons that hold authority or creator affiliation to it, while we can see a lot of individuals making blockchains for public good but claiming the authorship or influence to it. Bad world, bad ethics, bad ethos, wonder what would satoshi think of the world he created and how its going now. :-\ :-\ :-\ :-\


Title: Re: Is exchange based tokens worth for hold?
Post by: Heulahee on September 01, 2023, 09:30:31 AM
In crypto, we would look at all coins with a fresh mind, because crypto is a game of chance sometimes, so we couldn't say that we will always be at a loss or we could not say that we will always be in a win situation. We could take care of both loss and win.


Title: Re: Is exchange based tokens worth for hold?
Post by: Hypnosis00 on September 01, 2023, 11:50:57 AM
In crypto, we would look at all coins with a fresh mind, because crypto is a game of chance sometimes, so we couldn't say that we will always be at a loss or we could not say that we will always be in a win situation. We could take care of both loss and win.
Unfortunately, having fresh minds doesn't give us assurance as well, still, we fall into investing shitcoins if we never do research and background check. It was indeed we had to look deeper but rather make choose of those projects that we already know it was better as it gives us confidence that we can earn a profit from them when the time has come. Although we can't assure that everything went so well and can't avoid losses but there is a way to minimize losses and that is to choose coins that already have support from the community, not it was because of the exchanger.


Title: Re: Is exchange based tokens worth for hold?
Post by: kamvreto on September 01, 2023, 01:45:36 PM
In crypto, we would look at all coins with a fresh mind, because crypto is a game of chance sometimes, so we couldn't say that we will always be at a loss or we could not say that we will always be in a win situation. We could take care of both loss and win.
Unfortunately, having fresh minds doesn't give us assurance as well, still, we fall into investing shitcoins if we never do research and background check. It was indeed we had to look deeper but rather make choose of those projects that we already know it was better as it gives us confidence that we can earn a profit from them when the time has come. Although we can't assure that everything went so well and can't avoid losses but there is a way to minimize losses and that is to choose coins that already have support from the community, not it was because of the exchanger.

Like Bitcoin, ETH, BNB, and many more that are recommended based on a strong community and continuous development. There is no need to do any research to hold onto this top coin as it is just a matter of time. Now maybe everything is bearish but when bullish comes everything will leave the current bottom price. Instead of falling into unclear investments such as shitcoins and memecoins, it's better to choose something that is certain, it will be safer and more secure.


Title: Re: Is exchange based tokens worth for hold?
Post by: |MINER| on September 01, 2023, 01:53:06 PM
All I can think of is that centralized exchanges are never good for holding. A centralized exchanger means putting your funds under someone else's control.
Considering this aspect they can do anything with your funds. So I think Centralize Exchange should be used only for trading. It would be best to use a cold wallet ie decentralize exchanger for holding. In this case, it is important to select the right token or coin


Title: Re: Is exchange based tokens worth for hold?
Post by: Dessy88 on September 01, 2023, 03:44:27 PM
They entered the crypto market with many exchange budget tokens in the past but they did not last long. Because not everyone will find a successful market like bnb coin. As you may know bnb coin is now marketing all over the country and their investor base is expanding massively as their exchange is now number one in the crypto market. To get such investors it will be too late for a new project but the investors will not wait for you so long so there are many good old exchanges where the investors feel comfortable.


Title: Re: Is exchange based tokens worth for hold?
Post by: I_RodimusPrime on September 01, 2023, 04:55:19 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

It depends on the exchange. If they have a strong fundamental background with mind-blowing future plans tokens will survive. Look what happens for CAKE, KCS.


Title: Re: Is exchange based tokens worth for hold?
Post by: Nrcewker on September 01, 2023, 04:55:32 PM
I can say that BNB has a lots of potential. Apart from this the one’s you have mentioned doesn’t take a stand against BNB. BNB is there in the market for many years, and as it’s the coin of one of the oldest and trusted exchange, so the possibility of growth increases here compared to other coins. I am not saying that the other coins or tokens you have mentioned are bad, but it’s high risk to invest in those coins.


Title: Re: Is exchange based tokens worth for hold?
Post by: justdimin on September 01, 2023, 07:14:11 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
That depends on who you believe. Before I invested in kucoin, because kucoin used to be when you bought it, even if you didn't trade it, as long as you held it, it would automatically stake on its own platform. And now, as far as I know, Kucoin has stopped it, and after that, I sold my holding of it. But for now, the only thing I see that is okay with me is Binance, or BNB, in my opinion. This is the only thing that can be seen if it can be said that there is really strong potential in the future.
I feel like they are not, and waiting a lot more for them to make a comeback is not a smart idea neither. I understand that some people feel that is not the case but most of the time that is the case. I think it is important to realize that bitcoin will end up with a result that would be better in the end, so turning your bad tokens into good ones would make more sense.

One exception would be BNB because I do believe that Binance will continue to do well, but that is the only one and I do not think that it would be smart to make a difference on it. Binance has been huge so far and there is really no reason for it to not be huge anymore, it will keep on being huge for a very long time and will continue to make profit.


Title: Re: Is exchange based tokens worth for hold?
Post by: Best-mary on September 01, 2023, 07:16:27 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

I don't think exchange tokens are shitcoins though. First of all, you need to know what those exchanges do to make their coin unique. Do you know why Bnb has gone from $6 to where it is now? Even BGB if you've heard of it before. They always put up effort to make the coin unique. If not, they're just like other coins that rise and fall as usual but holding them in their designated exchanges makes a different


Title: Re: Is exchange based tokens worth for hold?
Post by: usekevin on September 01, 2023, 09:03:18 PM
They entered the crypto market with many exchange budget tokens in the past but they did not last long. Because not everyone will find a successful market like bnb coin. As you may know bnb coin is now marketing all over the country and their investor base is expanding massively as their exchange is now number one in the crypto market. To get such investors it will be too late for a new project but the investors will not wait for you so long so there are many good old exchanges where the investors feel comfortable.

We can’t say this blindly in the cryptocurrency field for now,because not all exchange surviving for longer period.Some exchange like FTX will stole the money of the investors and traders.They fly with the traders money for their problem,if the exchange doesn’t had a capacity to hold the exchange for the longer period.They can do the other business as compared to the crypto exchange,because nearly 70-80 percentage of the investors from the poor background.They investing money in the cryptocurrency for their future growth,if the exchange stole the money how they trust other exchanges after the scam.


Title: Re: Is exchange based tokens worth for hold?
Post by: nurilham on September 01, 2023, 09:42:15 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb.
I think you choose good tokens, most of them are the tokens of top exchanges. But you shouldn't invest in too many exchange tokens, diversify your altcoin assets with non exchange tokens. Not all exchange tokens are good to invest in, some exchange tokens that rarely have good issues seem difficult to grow the prices. I only choose few exchange tokens and I don't allocate big funds for them. I only spend a little bit money on BNB because I think BNB still deserve to buy as many as possible now.

Anyway, most of altcoins are decreasing their prices during the bearish season, not only exchange tokens. So, you can't judge them no different as shitcoins because al most all tokens/coins are experiencing big drops now.



Title: Re: Is exchange based tokens worth for hold?
Post by: gurunanakji777 on September 02, 2023, 12:55:12 PM
During the fiscal year 2018-19, I possessed various exchange coins however, none of them appreciated in value as I had anticipated. Consequently, my overall experience was disappointing because numerous projects had introduced exchange-based tokens, but very few achieved significant success. When considering exchange coins from reputable platforms, I would recommend holding them. For example, coins like BNB and Uniswap have shown their potential. It's important to note that not all exchange coins will perform as impressively as BNB some may yield profits, but not to the extent we hope for. The outcome largely hinges on our expectations for a particular coin. Nevertheless, holding top-tier exchange coins remains a viable and sensible strategy.


Title: Re: Is exchange based tokens worth for hold?
Post by: Heulahee on September 02, 2023, 02:33:54 PM
Whether you have exchange tokens means that are listed anywhere, which means they are also listed on other exchanges, although if you have exchange coins, the main thing is that we can only predict, that how much we can expect from the coin.


Title: Re: Is exchange based tokens worth for hold?
Post by: wallet4bitcoin on September 03, 2023, 09:47:15 AM
Exchanger coins just like every other coin works with the coin principle, if there is  a negative fundamental on the project then we'll see the price of that token crashing, if also their technology as issues or they get regulatory sanctions also it will have a negative impact on the price. No one actually sees the outcome of loads of these exchanges as they always on the trajectory to success when we buy into  these projects.

Bottom line, buy coins and sell them when its in profit.


Title: Re: Is exchange based tokens worth for hold?
Post by: coiningz on September 03, 2023, 10:30:12 AM
I think that some of them still have chance to pump in case of new bull market. But only the biggest ones or from exchanges that somehow unique from others


Title: Re: Is exchange based tokens worth for hold?
Post by: fzkto on September 03, 2023, 05:06:43 PM
I think that some of them still have chance to pump in case of new bull market. But only the biggest ones or from exchanges that somehow unique from others
I don't know what exchange can be unique right now. It is such a time that regulation can prevent any exchange, even one as big as Binance. So it seems to me that exchange tokens are a very risky investment, something like meme coins. It's better to choose those coins that are really decentralised and don't depend on one thing.


Title: Re: Is exchange based tokens worth for hold?
Post by: Nazmul012 on November 16, 2023, 07:50:24 PM
I don’t support holding exchange coin for long as those aren’t suppose to be worthy for me. As you already mentioned, some same of altcoins and the incident that happened you to! Meanwhile i check those exchange based tokens and most of those are dumped more than expectations because those tokens only give you some facilities in exchange, and those are valueless outside their platform. I think exchange tokens are risky, even this statement is also eligible for bnb also! Don't forget FTP was also top exchange coin


Title: Re: Is exchange based tokens worth for hold?
Post by: batang_bitcoin on November 16, 2023, 10:18:08 PM
Cake didn't perform well if you're going to take a look at it. Actually, most of them are not but we don't know if they will be at their best shape during the bull run. That's how it goes with these tokens for sure because the known the exchange is, the better that they'll have as an impact to their tokens.

I don’t support holding exchange coin for long as those aren’t suppose to be worthy for me. As you already mentioned, some same of altcoins and the incident that happened you to! Meanwhile i check those exchange based tokens and most of those are dumped more than expectations because those tokens only give you some facilities in exchange, and those are valueless outside their platform. I think exchange tokens are risky, even this statement is also eligible for bnb also! Don't forget FTP was also top exchange coin
You have a point about it, only a few manages to be big but they won't get out of the market if nothing happens just as what FTX did. But even so, look at its FTT token, it's still there.


Title: Re: Is exchange based tokens worth for hold?
Post by: Boomber on November 17, 2023, 07:41:40 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

my advice is still to hold your altcoin that you invest, because as long as the project is still running and making progress, then you still have the opportunity to make a profit from investing in these altcoin, especially now that the condition of the market is bad (bear market), so it's only natural if many of altcoin that you invest dump by 70%-80% and I am sure that if a bullrun occurs, then the price of altcoin that you invest will definitely increase very high again and give you a lot of profit.


Title: Re: Is exchange based tokens worth for hold?
Post by: milewilda on November 17, 2023, 08:00:26 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

my advice is still to hold your altcoin that you invest, because as long as the project is still running and making progress, then you still have the opportunity to make a profit from investing in these altcoin, especially now that the condition of the market is bad (bear market), so it's only natural if many of altcoin that you invest dump by 70%-80% and I am sure that if a bullrun occurs, then the price of altcoin that you invest will definitely increase very high again and give you a lot of profit.
Depends on what coin you are really that holding or the project you are really that investing because not all altcoins would really be that flying or really increase in price when BR happens. Only to those solid projects
will really be flying out with colors and a mix of those shit coins that which you dont really expect for it to fly. This is why some people are really that having a fan of collecting or investing into coins as if they were really just that giving out assurance that they will really be making some significant movement when the market will really be able to make some u-turn. There's always no assurance with this on which it would really be just that right that you should really be prepared for whatever things that could happen on those times.

Now, if we do speak about exchange based tokens then it would really be that depending into its popularity if you do tend to hold. It would really be always be basing up into its popularity.
If there's something wrong with the exchange then you would really expect that it would give out such impact on the said coin. It would really be always having that possibilities
about tying up its reputation into its coin.If a platform is known and having those significant updates and good news then expect that it would be also positive
and it would really be that varying.


Title: Re: Is exchange based tokens worth for hold?
Post by: Abu-Naim on November 17, 2023, 08:06:54 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
I also like investing on exchange based tokens but mainly for reputable and popular exchanges like Binance, KuCoin,, and Cake. I know that it is very risky because they are all centralized, and the case of FTX is a lesson to us all in crypto space, but I take them as my second choice investment after bitcoin because just as you said, some of them dumped 70-80% of their ATH.


Title: Re: Is exchange based tokens worth for hold?
Post by: arwin100 on November 17, 2023, 09:16:40 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
I also like investing on exchange based tokens but mainly for reputable and popular exchanges like Binance, KuCoin,, and Cake. I know that it is very risky because they are all centralized, and the case of FTX is a lesson to us all in crypto space, but I take them as my second choice investment after bitcoin because just as you said, some of them dumped 70-80% of their ATH.

Only for reputable since its so hard to determine if those new exchange who launch their own native token would last for more years. Since they could just shutdown their operation if they succeed to earn millions from their pre-sale that's why we should go for reputable one than trying our luck to earn with those new since I always believe on coin that bear market tested since from there we can have some peace of mind that they will not rug pull us on short period of time. The case of FTX maybe serve a lesson to anyone that's the reason we should know when to sell and not to hold to much so that those incident happen to their past investors will not possibly encounter with us so we need to be more active seeking for latest news so that we will not get scammed here.


Title: Re: Is exchange based tokens worth for hold?
Post by: Essential10 on November 17, 2023, 10:13:22 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
It is important to consider investing in exchange tokens because you can mix and match different types of tokens. Choosing the best exchange in the market is a personal choice however based on the applicability of the users. Only BNB can be trusted a bit and it is currently widely used. We know exchange based tokens are mainly created for exchange and other benefits on an exchange platform but it is never safe. Shitcoin gains and rates are more likely to have celebrity endorsement status, as the cryptocurrency market is highly volatile and resilient. Elon Musk is interested in the basic features that the 'Dogecoin standard' refers to, and the rise in DOGE price is an example of that possibility.


Title: Re: Is exchange based tokens worth for hold?
Post by: yazher on November 17, 2023, 11:25:53 AM
I don’t support holding exchange coin for long as those aren’t suppose to be worthy for me. As you already mentioned, some same of altcoins and the incident that happened you to! Meanwhile i check those exchange based tokens and most of those are dumped more than expectations because those tokens only give you some facilities in exchange, and those are valueless outside their platform. I think exchange tokens are risky, even this statement is also eligible for bnb also! Don't forget FTP was also top exchange coin

That's right because we haven't seen any exchange coins that are successful lately and all of them seem to easily hit their full potential at lower prices. Although we have a few that exceed our expectations, most of those coins do not really have enough liquidation to be able to rise as much as possible like ETH or BTC. It's better to invest at their earliest stage if you found one and surely you won't regret your decisions but only after you have finished your own research not from a review of some influencers who wanted to promote false successful coins.


Title: Re: Is exchange based tokens worth for hold?
Post by: Bureau on November 17, 2023, 11:49:01 AM
I don’t support holding exchange coin for long as those aren’t suppose to be worthy for me. As you already mentioned, some same of altcoins and the incident that happened you to! Meanwhile i check those exchange based tokens and most of those are dumped more than expectations because those tokens only give you some facilities in exchange, and those are valueless outside their platform. I think exchange tokens are risky, even this statement is also eligible for bnb also! Don't forget FTP was also top exchange coin

That's right because we haven't seen any exchange coins that are successful lately and all of them seem to easily hit their full potential at lower prices. Although we have a few that exceed our expectations, most of those coins do not really have enough liquidation to be able to rise as much as possible like ETH or BTC. It's better to invest at their earliest stage if you found one and surely you won't regret your decisions but only after you have finished your own research not from a review of some influencers who wanted to promote false successful coins.

The problem only remains in finding out a genuine, trusted and good exchange. Most of them use it to run their ecosystem and up till now only Binance has been successful. Following Binance Kucoin did launch their token which didn't perform well till now. I doubt any exchange token will do as good as Binance token did earlier and is still doing better than others.


Title: Re: Is exchange based tokens worth for hold?
Post by: nimogsm on November 17, 2023, 01:03:23 PM
Why not? If we consider tokens from top exchanges, then this is a good choice and if tokens can still participate in the rewards program,then this is a good advantage.You can also often pay a commission when trading in a token, which is also quite convenient, since it can be a little cheaper than paying a standard commission.


Title: Re: Is exchange based tokens worth for hold?
Post by: AakZaki on November 17, 2023, 01:47:06 PM
I still hold BNB today and it is well worth holding in the long term.
Apart from holding, BNB is also used for Launchpad so that there are other benefit values ​​that will be obtained by the holders. Moreover, Token Exchanges, especially those like Binance, have clear goals and that is more secure than holding Altcoins whose goals are not yet clear.


Title: Re: Is exchange based tokens worth for hold?
Post by: bastian466 on November 17, 2023, 01:51:02 PM
Currently, BNB is the best and worth holding for the long term and I also use it often for quick trades. although there are also those who find it unpleasant, such as if there is a hack on the Binance exchange, the price of the BNB coin will definitely fall


Title: Re: Is exchange based tokens worth for hold?
Post by: Bobrox on November 17, 2023, 02:45:25 PM
Currently have many exchange token published right now such as BNB for Binance, KCS as Kucoin exchange, HT as Huobi and MX as MEXC exchange market beside still have several coins based on dapp exchange from Cake coins, UNI until many kinds of coins have exchange token categories. I don't think all exchange coins or token worth for holding because many coins drop drastically such as Cake as Pancake of dapp exchange ever on all time high price above $40 and right now drop drastically until 2.5$. I think for more profitable exchange coins or token looks BNB or UNI as Uniswap exchange, but not good ideas when holding if both coins raising to higher price due if correction will difficult waiting recovery to the higher price.

Still hold few of BNB coins since price above $300 and today difficult get back to higher price after last several months when facing problem between SEC Commission and Binance exchange.


Title: Re: Is exchange based tokens worth for hold?
Post by: Sayeds56 on November 17, 2023, 03:26:54 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Investing in exchange based tokens such as BNB from Binance, KCS from Kucoin can be potentially a profitable strategy. However, it is also important to acknowledge the associated  risks even when dealing with reputable exchanges. The success of such investment strategy is solely based on practical use case of these native tokens. Additionally, as decision making regarding these tokens is controlled by the management of exchanges, this vulnerability introduces another element of risk that should also be crefully considered before investing in these tokens.


Title: Re: Is exchange based tokens worth for hold?
Post by: Publictalk792 on November 17, 2023, 04:37:05 PM
Investing in exchange based tokens such as BNB from Binance, KCS from Kucoin can be potentially a profitable strategy. However, it is also important to acknowledge the associated  risks even when dealing with reputable exchanges. The success of such investment strategy is solely based on practical use case of these native tokens. Additionally, as decision making regarding these tokens is controlled by the management of exchanges, this vulnerability introduces another element of risk that should also be crefully considered before investing in these tokens.
Yes of course these kind of tokens can be profitable in future and if you have risk tolerance so you should buy these tokens. One more thing is that if a team is managing a big exchange so it can also drive a token with good strategies.
Whenever you are investing so there can be risk too. Somewhere there will be much risk like the meme coins but there will be big reward too and there are some others coins where is low risk so like these exchange base tokens.

Main thing is that if the exchange will collapse so definitely the coin/token also will go down fastely and never will come up so this can give a loss to you. Like we have an example of FTT token which was based on FTX exchange. So if these kind of tokens are giving profit so they can give loss too. So be careful.


Title: Re: Is exchange based tokens worth for hold?
Post by: irsykes on November 17, 2023, 05:21:54 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

my advice is still to hold your altcoin that you invest, because as long as the project is still running and making progress, then you still have the opportunity to make a profit from investing in these altcoin, especially now that the condition of the market is bad (bear market), so it's only natural if many of altcoin that you invest dump by 70%-80% and I am sure that if a bullrun occurs, then the price of altcoin that you invest will definitely increase very high again and give you a lot of profit.
It's just that when coin exchange, for example, there are rumors of asset theft in the main wallet which causes the price to fall, sometimes the drama is created just to take advantage of it. While the project is clearly defined it may not be a problem for a long term investment. it's true that the main key is just waiting for the bull season to return and it will be better


Title: Re: Is exchange based tokens worth for hold?
Post by: Tomcolor on November 17, 2023, 06:12:53 PM
exchange token s performance is good especially project of top exchange like bnb. But it should not be kept for too long because suddenly mention of theft of exchange assets or something similar is harmful to your money. But if they have personal services that investors will like then their token will increase in value. You mentioned many exchange tokens so I don't think all of them are trustworthy they are worth holding long term so short time investment is best for them.


Title: Re: Is exchange based tokens worth for hold?
Post by: fzkto on November 17, 2023, 06:25:37 PM
exchange token s performance is good especially project of top exchange like bnb. But it should not be kept for too long because suddenly mention of theft of exchange assets or something similar is harmful to your money. But if they have personal services that investors will like then their token will increase in value. You mentioned many exchange tokens so I don't think all of them are trustworthy they are worth holding long term so short time investment is best for them.
Probably any exchange token is much more dangerous to hold than some other altcoin. As you said, a hack could negatively affect the price of the token. Or some laws that could prohibit the exchange from operating. It's better to buy regular altcoins.


Title: Re: Is exchange based tokens worth for hold?
Post by: Sayeds56 on November 17, 2023, 06:28:19 PM
Yes of course these kind of tokens can be profitable in future and if you have risk tolerance so you should buy these tokens. One more thing is that if a team is managing a big exchange so it can also drive a token with good strategies.
Whenever you are investing so there can be risk too. Somewhere there will be much risk like the meme coins but there will be big reward too and there are some others coins where is low risk so like these exchange base tokens.

Main thing is that if the exchange will collapse so definitely the coin/token also will go down fastely and never will come up so this can give a loss to you. Like we have an example of FTT token which was based on FTX exchange. So if these kind of tokens are giving profit so they can give loss too. So be careful.

One significant concern in my view, is the inherent decentralization of these tokens, that means decision making authority regarding these token solely resides with the management team. We have seen how FTT token was mishandled by FTX team and eventually investors in FTX exchange's token FTT suffered huge losses and they were deprived of their life time savings. Hence, investors should be careful when investing in high-risk tokens.


Title: Re: Is exchange based tokens worth for hold?
Post by: DaNNy001 on November 17, 2023, 06:52:29 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Hmm, that's very funny because I was thinking myself in acquiring some coins in respect to some exchange especially binance but with your experience now I think I will make exceptions to even buy because they are not all that promising. Basically the only altcoins I possess that is even promising would be Solana coin because since the time I acquire it earlier this year the value has kinda double making my investment have some profits but I didn't buy much due to the fear of dumbing but I believe as the bull season draw close Solana will reach some valuable number.


Title: Re: Is exchange based tokens worth for hold?
Post by: AmoreJaz on November 17, 2023, 08:22:44 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Hmm, that's very funny because I was thinking myself in acquiring some coins in respect to some exchange especially binance but with your experience now I think I will make exceptions to even buy because they are not all that promising. Basically the only altcoins I possess that is even promising would be Solana coin because since the time I acquire it earlier this year the value has kinda double making my investment have some profits but I didn't buy much due to the fear of dumbing but I believe as the bull season draw close Solana will reach some valuable number.

don't get too confident also with SOL. right now, it is showing good market performance. but aside from the market, one should also check out the team behind this project and see what they are up to these days.
exchange tokens are hard to trust long-term as their lifespan depend on the exchange platform itself. if you think the trading platform is waning down their popularity, better discard your tokens as soon as you have such notion. better get some profits while you still have it.


Title: Re: Is exchange based tokens worth for hold?
Post by: Bushdark on November 17, 2023, 08:42:40 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Hmm, that's very funny because I was thinking myself in acquiring some coins in respect to some exchange especially binance but with your experience now I think I will make exceptions to even buy because they are not all that promising. Basically the only altcoins I possess that is even promising would be Solana coin because since the time I acquire it earlier this year the value has kinda double making my investment have some profits but I didn't buy much due to the fear of dumbing but I believe as the bull season draw close Solana will reach some valuable number.

Whether we are holding exchange token or some other tokens, we should note that risks are involved. Making profits from exchange tokens is as risky as buying tokens that are about to be launched in the market.

For us to make profits from the market, we need to thinks and run some research before buying any cryptocurrency project tokens whether it is an exchange token or not. There is no guarantee in the market so we to do diligent findings before risking our funds buying I'm the market.


Title: Re: Is exchange based tokens worth for hold?
Post by: Zigabel on November 17, 2023, 11:22:06 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
These coins gain more attention and value at lunch after which little to no attention is given to them , except for BnB most of other exchange tokens are usually not listed on other exchanges so this will definitely reduce their usability, tradability, mad their value will definitely drop because all these issues are not tackled before lunch of after lunch, they are not been followed up by their owners to make sure they gain the desired relevance needed of them, so they tuem out valuable enough to get the much more needed attention to grow above their current state.


Title: Re: Is exchange based tokens worth for hold?
Post by: albon on November 17, 2023, 11:39:50 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Yes, you made the right decision not to invest in any exchange-based coin again, and I agree with the same conclusion. The examples you mentioned are enough to make you refrain from making investment decisions without thinking. Exchange-based coins are susceptible to any harm that may befall the supporting platform, given the fierce competition that can be unfair among exchange platforms vying for top positions in the market.

In the depth of SEC wars against centralized exchange platforms and the security challenges faced by exchange platform teams from hackers, if the platform lacks stability, collapses, goes bankrupt, gets hacked, enters into conflict with the SEC, or faces any FUD causing panic around it, the currency of that exchange platform will be a harsh lesson for all investors who held it. If the platform's team fails to overcome challenges and ensure continuity, its currency will inevitably collapse dramatically, and investors' capital will disappear overnight.

The idea of not investing in exchange-based coins is similar to those who prefer hardware wallets over centralized exchange wallets. These are logical ideas.


Title: Re: Is exchange based tokens worth for hold?
Post by: n0ne on November 17, 2023, 11:47:05 PM
Considering every exchange platform backed coin, we can see good rise in the value and the same getting dumped when the market is down. At times it is possible to see binance coin show signs of bullish trend when rest of the market is bearish. This is all because of the new launches happening during those time period. There is good chance of progress, but it all depends upon the market and the exchange functioning. Small flaw is enough to down the market which is a big risk. Another thing some expect these coins to perform independently which is not happening. In all means the market is tied to the bitcoin price movement.


Title: Re: Is exchange based tokens worth for hold?
Post by: oktana on November 17, 2023, 11:49:50 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Of course, they are worth hodling, they mostly have a lot of use cases (like BNB), and that increases their chance for constant upward movement. However, the risk I see with them is that a little news (or rumor can cause a decline in the price). If for instance there's bad news about the exchange, the developers, the app, the community, or almost anything about the platform, it can significantly impact the price. But again, we all know that investments come with risks (especially crypto investments) so it's not unusual to see this.


Title: Re: Is exchange based tokens worth for hold?
Post by: shinratensei_ on November 18, 2023, 01:05:58 AM
right now so many exchange tokens are just stagnating you see BNB and many more they are just stagnating, the ones that climb the market are other coins that aren't exchange based token i just can't see bright future with these coin if the trend stays like this.
I think the ones that still give good prospect for the future is instead the dex tokens that are having quite the pump nowadays, they rise alongside with the smart contract based blockchain coin that honestly is like the blue chip of cryptocurrencies they always rise because they have clear utility that is to deploy projects and many more.
meanwhile these exchange tokens are for what? maybe cutting some exchange fee which honestly irrelevant for most of people.


Title: Re: Is exchange based tokens worth for hold?
Post by: Xampeuu on November 18, 2023, 01:55:15 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

Of course, they are worth hodling, they mostly have a lot of use cases (like BNB), and that increases their chance for constant upward movement. However, the risk I see with them is that a little news (or rumor can cause a decline in the price). If for instance there's bad news about the exchange, the developers, the app, the community, or almost anything about the platform, it can significantly impact the price. But again, we all know that investments come with risks (especially crypto investments) so it's not unusual to see this.
It is true that up to now they are developing normally in the market, especially BNB which there is no doubt about, I think as mentioned above it is worth following its development, because trust is the main capital in investing, although it is not a guarantee that it will grow according to expectations, However, at least there is a risk in the path we take, even though it is the safest investment, the more people use the product, the higher the level of trust will be.


Title: Re: Is exchange based tokens worth for hold?
Post by: shushu9977 on November 18, 2023, 11:23:21 AM
Maximum coins price are down whereas only few coins are pump. If you know crypto market and analysis it very well, you should not stop to buy coins. When you see this coin gives you profit, you buy it. After buying this, you get profit, you sell it rapidly.


Title: Re: Is exchange based tokens worth for hold?
Post by: Bureau on November 18, 2023, 11:28:55 AM

One significant concern in my view, is the inherent decentralization of these tokens, that means decision making authority regarding these token solely resides with the management team. We have seen how FTT token was mishandled by FTX team and eventually investors in FTX exchange's token FTT suffered huge losses and they were deprived of their life time savings. Hence, investors should be careful when investing in high-risk tokens.

I do not think the world mishandle suits for FTX tokens, the right word would be destroyed. I mean that is what happened Sam destroyed and scammed everyone with this token and still, many investors are waiting for their refund. That is the problem of how careful anyone can be no one knew such a big exchange was deceiving its investors. Rather than being careful, I feel the right thing to do is not invest in such tokens for the long term. It is better to use them as an investment option for short-term gain and then exit out.


Title: Re: Is exchange based tokens worth for hold?
Post by: Rehan Zakir on November 18, 2023, 06:36:05 PM
My suggestion is No, Because if exchange collapse, the coin also collapse.
We can see lot of coins such as FTX exchange. When this exchange collapses, its coin FTT is also destroyed. So, i think don't hold exchange coins for long term investment. Just take profit and sell it.


Title: Re: Is exchange based tokens worth for hold?
Post by: Romeotom on November 18, 2023, 06:46:40 PM
Maximum exchangeable token price have down which surprises me and especially they follow exchange development activities but very little research on their tech. Investors always invest for profit but exchange based tokens are less likely to increase in value and they perform similarly during bull runs.


Title: Re: Is exchange based tokens worth for hold?
Post by: Sophokles on November 18, 2023, 08:06:00 PM
Most of them don't as people don't want to hold a token only because they want a discount on trading fees. But there are some exchange like binance that offer other services like participating in an IEO and other events from that exchange. The most notable one is participating in IEO and most of the time investor got a good ROI so if someone is looking for participating in IEO and holding that exchange token will help him do that then it is worth holding for him.


Title: Re: Is exchange based tokens worth for hold?
Post by: Mahanton on November 18, 2023, 08:12:53 PM
Most of them don't as people don't want to hold a token only because they want a discount on trading fees. But there are some exchange like binance that offer other services like participating in an IEO and other events from that exchange. The most notable one is participating in IEO and most of the time investor got a good ROI so if someone is looking for participating in IEO and holding that exchange token will help him do that then it is worth holding for him.
But the amount of BNB you would really be needing to have is something that not all could really be able to get a hold of or simply it does require that a few thousands on which means that those people who are planning to join up those IEO then you would really be need to acquire those numbers. I cant really deny that when it comes to that matter, i have already those plans on joining on Binance launchpad but since it doesnt give out
assurance considering that this is a ticket based system or picking then you cant be sure that you would really be able to participate.

Thing on that you have mentioned is that people do make a hold of some exchange token basing up with having that kind of feature or benefit on having less or discount when it comes to fees
and also having those kind of staking feature which APY or APR is really indeed having that good offer or numbers on which you could say that it is really that worth to have.

In overall, when it comes to price movement or value then it would really be always be depending into their platforms reputation. Once that it would really be experiencing some
issues or whatever bad things or events that do happen then it would really be reflecting into their coin value or price. This is why we could really say that they are
connected to each other basing up on reputation and price condition or value of the coin attached to it.


Title: Re: Is exchange based tokens worth for hold?
Post by: Yamifoud on November 18, 2023, 09:53:56 PM
Most of them don't as people don't want to hold a token only because they want a discount on trading fees. But there are some exchange like binance that offer other services like participating in an IEO and other events from that exchange. The most notable one is participating in IEO and most of the time investor got a good ROI so if someone is looking for participating in IEO and holding that exchange token will help him do that then it is worth holding for him.
That seems an interesting option that would bring attention to the users of the said exchange. But I don't think a lot of people would do that unless that token to worth holding as well. Because I don't expect the reward it is really tempting enough that old players will consider it, maybe for new users.

After all, the majority will still choose to invest and hold known coins rather than these exchange-based tokens. Some will consider this in support of the exchange but not the intention of making a profit.


Title: Re: Is exchange based tokens worth for hold?
Post by: tvplus006 on November 18, 2023, 11:12:51 PM
Hmm, that's very funny because I was thinking myself in acquiring some coins in respect to some exchange especially binance but with your experience now I think I will make exceptions to even buy because they are not all that promising. Basically the only altcoins I possess that is even promising would be Solana coin because since the time I acquire it earlier this year the value has kinda double making my investment have some profits but I didn't buy much due to the fear of dumbing but I believe as the bull season draw close Solana will reach some valuable number.

If you trade on a centralized exchange that has an exchange token, then you definitely need to buy it at least for the reason to pay a commission with this token. In addition, all exchanges have additional privileges for holders of the exchange token. So it is beneficial to be a holder of an exchange coin in this case.


Title: Re: Is exchange based tokens worth for hold?
Post by: Ben Barubal on November 19, 2023, 02:31:45 AM
Even the BNB, what if Binance got hacked or something happened and it fold up? BNB will crash and become useless. I used it as the example because it is the one you recognized most and the first among them if marketcap is used. Any exchange can get hacked and this may cause their token to become useless. Go for decentralized coin like bitcoin.

  Centralized and decentralized systems can be hacked by hackers. That's the truth, and we know that too, right? Now, how many times has the Binance exchange been hacked, even if we say it is a centralized platform?

  It's almost impossible to count the number of hacking issues that have happened because Binance immediately took care of them, and besides that, an exchange platform like Binance still maintains its users who continue to use it because Binance can still take care of the fund. that anyone affected by hacking is still paid for the lost funds if they are ever one of the victims of hackers. But with other exchanges, they can't do what Binance does.


Title: Re: Is exchange based tokens worth for hold?
Post by: barhavsky on November 23, 2023, 02:18:55 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

in my opinion, not all coin exchange are very good for investment and I personally only interested in BNB, because BNB is the biggest exchange at the moment and that is what makes me interested to investing in BNB, apart from exchange, BNB also has a very popular blockchain and many projects which uses blockchain from BNB, so I'm sure BNB will be very good as a long-term investment and the price of BNB will definitely make a new ATH price during the next bullrun, therefore don't miss the current opportunity to DCA BNB at a low price before the price of BNB increase very high.


Title: Re: Is exchange based tokens worth for hold?
Post by: siniminomorocomunisakito on November 23, 2023, 03:38:36 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Hmm, that's very funny because I was thinking myself in acquiring some coins in respect to some exchange especially binance but with your experience now I think I will make exceptions to even buy because they are not all that promising. Basically the only altcoins I possess that is even promising would be Solana coin because since the time I acquire it earlier this year the value has kinda double making my investment have some profits but I didn't buy much due to the fear of dumbing but I believe as the bull season draw close Solana will reach some valuable number.

Indeed, the soluna is indisputable. Moreover, the launch of the Pyth coin on the Solana network really adds to their performance in the crypto world to always be noticed. Solana continues to develop and will definitely be one of the choices of many people after BNB. Yes. Soluna continues to develop and will definitely be one of the choices of many people after BNB. just my assumption at this time my friend. ;D ;D


Title: Re: Is exchange based tokens worth for hold?
Post by: Dimitri94 on November 23, 2023, 07:11:22 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Exchange based tokens don't fluctuate as much as other tokens do. I have been following the Ku coin exchange token for a long time and what I see is that when the market is bullish or when BTC goes up, the price of those coins goes up and when BTC goes down it goes down. In 2021 the token price of Ku Coin exchange platform was $17 per coin currently trading between $6. So these coins seem to depend a lot on the price of Bitcoin. If one wants to hold the coins of this exchange platform then one must hold for long term otherwise the chances of loss will be high.


Title: Re: Is exchange based tokens worth for hold?
Post by: tajimas on November 23, 2023, 07:46:33 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
I will help you figure out the proper exchange based coin to buy and hold for long term, exchange coins are good for investment if you are watchful and long in the crypto industry games, most of these exchange based coin do not exhibit their own smart contracts and are not Blockchain based assets. Many projects are built under Binance Smart Chain where BNB is used as a transaction fee bringing in more liquidity and use cases of different kinds, any exchange based coin that do not exhibit both quality and feature of native token and also Blockchain based assets should be out of your list, for they may not do better during the long run except the team keeps building more.

Huobi(HT) and okex(OKX) native coins has the same features of BNB of which they are pretty much good to buy and hold, I'm looking if Bybit and Bitget exchange based coin can build themselves more to BNB level.


Title: Re: Is exchange based tokens worth for hold?
Post by: nurilham on November 23, 2023, 09:41:49 PM
Exchange based tokens don't fluctuate as much as other tokens do. I have been following the Ku coin exchange token for a long time and what I see is that when the market is bullish or when BTC goes up, the price of those coins goes up and when BTC goes down it goes down. In 2021 the token price of Ku Coin exchange platform was $17 per coin currently trading between $6. So these coins seem to depend a lot on the price of Bitcoin. If one wants to hold the coins of this exchange platform then one must hold for long term otherwise the chances of loss will be high.
Do you refer to KCS (token of Kucoin exchange)?
I think KCS fluctuates the same as other tokens. Its ATH is around $28 and the current price is $7,8. The difference between its ATH and current price is quite a lot, also the price never stable in a certain rate everyday. It means the token fluctuating normally as other tokens. If it doesn't increase significantly, it is because the current trend of Bitcoin. We must know that Bitcoin still increases gradually, it may increase significantly after the halving. If you expected the price will be above $17 again, just wait until the halving is over.

Anyway, people usually wait for the altcoin season to trade their altcoins. If you want to sell your KCS, just wait the altcoin season that probably happens in 2024-2025.



Title: Re: Is exchange based tokens worth for hold?
Post by: Rasa nanas on November 23, 2023, 11:46:30 PM
In exchange-based altcoin investments I only choose BNB because BNB is supported by the largest exchange currently, namely Binance. I really like Binance because Binance is the exchange that has the strictest regulations and conditions for determining which altcoins are worth listing. I see that Binance is very good at maintaining their good name or reputation, so I think that BNB is the exchange-based altcoin with the brightest future at the moment.


Title: Re: Is exchange based tokens worth for hold?
Post by: Samlucky O on November 24, 2023, 12:28:58 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

One thing you should know for sure is that, aquearing an exchange token does no guarantee you success or makes you feel that you have invested wisely. In as much as those coin are exchange token they are still altcoin, and can still have the same fate as other altcoin. Just like FTX which had FTT token checking from. The history I think you can see it's fate. And i also think that luna has exchange but still the coin tera Luna coin fails so I believe anything can happen to any of them not even the popular one of today is exempted because they might also have same fate aa others. But my best advice is to put more money on bitcoin and spear money to any exchange coin.


Title: Re: Is exchange based tokens worth for hold?
Post by: justdimin on November 24, 2023, 06:40:59 AM
in my opinion, not all coin exchange are very good for investment and I personally only interested in BNB, because BNB is the biggest exchange at the moment and that is what makes me interested to investing in BNB, apart from exchange, BNB also has a very popular blockchain and many projects which uses blockchain from BNB, so I'm sure BNB will be very good as a long-term investment and the price of BNB will definitely make a new ATH price during the next bullrun, therefore don't miss the current opportunity to DCA BNB at a low price before the price of BNB increase very high.
Yeah, that's the trouble, people saw what happened at Binance and the price of BNB fell, but the reality is that BNB is still as strong as yesterday, so there is really no need to sell it, all these are just panic sellers who are making a mistake and the price of BNB will be 300+ soon. I think the result of these type of things do matter, but we need to be careful about it.

Just because we are seeing the situation a little different doesn't mean that we are going to end up with anything bad, we could still keep it going as much as we possibly could. I believe that the best thing to do in this case would be making sure that we are doing a profitable business, and for that to work, we need to just keep calm and not react too much.


Title: Re: Is exchange based tokens worth for hold?
Post by: Adreman23 on November 24, 2023, 07:14:22 AM
In my opinion, it's prudent to approach investing in exchange-based tokens cautiously, especially if it's done after an exchange has already established itself. This is because unforeseen events, such as hacks or closures, can pose risks. If considering a late-stage investment, it's advisable to focus on acquiring tokens for their utility, such as enjoying discounts on trading fees or participating in token sales, rather than solely for speculative purposes.


Title: Re: Is exchange based tokens worth for hold?
Post by: glendall on November 24, 2023, 02:03:30 PM
worth keeping if it has value for the future but we need to be up to date on the coins themselves especially if we have a lot of them,
and usually people who have exchange coins are just looking for shipping / exchange discounts, they don't need large quantities.
so it is worth exchanging coins or not. From my point of view, it is not mandatory to have it if it does not have additional use value


Title: Re: Is exchange based tokens worth for hold?
Post by: Cvetik56 on November 24, 2023, 02:06:59 PM
I don't think that they are worth holding. They are totally related to an exchange, and if something happens to it - the token will die too. This might happen even in calm times or during the bull run, you never know what's happening behind the doors.


Title: Re: Is exchange based tokens worth for hold?
Post by: YellowSwap on November 24, 2023, 04:15:10 PM
Exchange tokens are not that reliable and its hard to know the one that will survive, with the SEC hunting down any exchange they feel like I think they are more risky, it's better to go for decentralized exchange tokens like GMX, I think with what happened to Binance it's time that DEX will be more attractive to users than Centralized exchanges, anything can happen to any exchange at any time, even the biggest ones, Huobi could be the next target too who knows? Invest only what you can afford to lose.


Title: Re: Is exchange based tokens worth for hold?
Post by: mdzahed134 on November 24, 2023, 04:29:38 PM
I don't think that they are worth holding. They are totally related to an exchange, and if something happens to it - the token will die too. This might happen even in calm times or during the bull run, you never know what's happening behind the doors.
All of exchanges coins aren’t bad, as like BNB is the backed of the number one crypto exchange Binance. So, it’s fundamentally strong coin, early investors got big profits if considering others exchanges coins. Still i think it can be worth investment, although recently a bad news coming so it’s started dumping but i think it’s a promising coin for the future. 


Title: Re: Is exchange based tokens worth for hold?
Post by: Bushdark on November 24, 2023, 05:57:54 PM
In my opinion, it's prudent to approach investing in exchange-based tokens cautiously, especially if it's done after an exchange has already established itself. This is because unforeseen events, such as hacks or closures, can pose risks. If considering a late-stage investment, it's advisable to focus on acquiring tokens for their utility, such as enjoying discounts on trading fees or participating in token sales, rather than solely for speculative purposes.
There are exchange tokens that are good for investing our funds because the exchange team would always look for ways to make sure they keep there token safe in both consistency and liquidity which will keep the price of to keep going higher.
We should not onl6invest our money on exchange tokens only but other tokens also so that we can make profits too from other peojects which might give us higher liquidity that will keep making the price of the project on a higher price than exchange tokens.


Title: Re: Is exchange based tokens worth for hold?
Post by: batang_bitcoin on November 24, 2023, 06:06:46 PM
I don't think that they are worth holding. They are totally related to an exchange, and if something happens to it - the token will die too.
In that case, choose the best exchange tokens instead so that you'll have no problems with them. And the known exchanges with those tokens, they're going to maintain it not just for themselves but also for their investors.

This might happen even in calm times or during the bull run, you never know what's happening behind the doors.
That's likely to happen during the bear market and not during the bull run. We are seeing a lot of categories of altcoins that are going to pump by this time and then after the bull, that's when many of them dies.


Title: Re: Is exchange based tokens worth for hold?
Post by: arimamib on November 24, 2023, 10:45:41 PM
There are exchange tokens that are good for investing our funds because the exchange team would always look for ways to make sure they keep there token safe in both consistency and liquidity which will keep the price of to keep going higher.
We should not onl6invest our money on exchange tokens only but other tokens also so that we can make profits too from other peojects which might give us higher liquidity that will keep making the price of the project on a higher price than exchange tokens.
Exchange tokens can be a safer investment, because the exchange team has strong reasons to keep the token price high. This is because the token is usually used to pay for trading fees on the exchange. This means the exchange generates more revenue from fees with a higher price of token. the exchange team may use some of its profits to buy back and burn tokens, which can also help to reduce the supply of tokens and drive up the price.

I think exchange tokens are the best option among many tokens in cryptocurrencies market, because it feels like the money from central bank. That's why the price of exchange tokens is not so fluctuating. However, there is no guarantee that an exchange token will continue to increase in value. The exchange team could decide to change its policies or practices in a way that could threaten the value of the token.


Title: Re: Is exchange based tokens worth for hold?
Post by: JeffBrad12 on November 25, 2023, 12:40:19 AM
I don't think that they are worth holding. They are totally related to an exchange, and if something happens to it - the token will die too. This might happen even in calm times or during the bull run, you never know what's happening behind the doors.
All of exchanges coins aren’t bad, as like BNB is the backed of the number one crypto exchange Binance. So, it’s fundamentally strong coin, early investors got big profits if considering others exchanges coins. Still i think it can be worth investment, although recently a bad news coming so it’s started dumping but i think it’s a promising coin for the future. 
in my opinion its only worth holding when its still earlier introduced and not reaching such high value, but if its already too high then I guess it will be hard to increase ever again because the utility coming from the platform itself which usually aren't really that significant to the holder anyway and isn't really giving any relevant benefits.
BNB for example, decreasing after CZ resignation goes to say that the value revolve around the decision made by binance and honestly I don't consider holding exchange token to be good nowadays when exchange are having bad news around basically the investment leaning towards falling instead of increasing.
holding ethereum in the other hand, proven to be better even more so with bitcoin.


Title: Re: Is exchange based tokens worth for hold?
Post by: btc78 on November 25, 2023, 01:30:54 AM
I don't think that they are worth holding. They are totally related to an exchange, and if something happens to it - the token will die too. This might happen even in calm times or during the bull run, you never know what's happening behind the doors.
All of exchanges coins aren’t bad, as like BNB is the backed of the number one crypto exchange Binance. So, it’s fundamentally strong coin, early investors got big profits if considering others exchanges coins. Still i think it can be worth investment, although recently a bad news coming so it’s started dumping but i think it’s a promising coin for the future. 
in my opinion its only worth holding when its still earlier introduced and not reaching such high value, but if its already too high then I guess it will be hard to increase ever again because the utility coming from the platform itself which usually aren't really that significant to the holder anyway and isn't really giving any relevant benefits.
BNB for example, decreasing after CZ resignation goes to say that the value revolve around the decision made by binance and honestly I don't consider holding exchange token to be good nowadays when exchange are having bad news around basically the investment leaning towards falling instead of increasing.
holding ethereum in the other hand, proven to be better even more so with bitcoin.

i think if the exchange has good background and has been well-established you can invest and hold
go check their track record and check if they have pending regulatory cases because this will definitely affect the price of the coin

exchanges release tokens to fund its own organization for the benefit of its clients so in a way it goes back to you
a lot of exchanges also offer various benefits like discounts or reduced transaction fees if you buy  their coin
well at the end of the day holding exchange-based coins depends on your purpose and goal


Title: Re: Is exchange based tokens worth for hold?
Post by: Obim34 on November 25, 2023, 06:51:53 AM
Investment made into such Altcoins might not be considered too worthless but at some point still can be worthless.  As many new exchanges are coming on board with their own tokens, it won't be necessary to venture into that market as the reason sometimes they generate the tokens in order to help them facilitate the building of the Cex and sometimes the token is being over looked after they keep the app running, they look out side for other projects to come list their tokens and pay more attention towards that aspect than looking to build their own exchange based token and most they consider it as gas fee and of no purpose.
Seeing those altcoins dump is not to be served as a surprised, when little or no efforts are not made to keep the Altcoins in a good state and the whole things turns into a dump which they never recover from


Title: Re: Is exchange based tokens worth for hold?
Post by: nimogsm on November 25, 2023, 07:14:52 PM
I don't think that they are worth holding. They are totally related to an exchange, and if something happens to it - the token will die too. This might happen even in calm times or during the bull run, you never know what's happening behind the doors.
All of exchanges coins aren’t bad, as like BNB is the backed of the number one crypto exchange Binance. So, it’s fundamentally strong coin, early investors got big profits if considering others exchanges coins. Still i think it can be worth investment, although recently a bad news coming so it’s started dumping but i think it’s a promising coin for the future. 
the exchange still remains a large monopolist, and this may mean that nothing threatens the exchange token in the near future. Quarterly token burns will do their job, we need to wait a little longer and see how the price reacts to this event.


Title: Re: Is exchange based tokens worth for hold?
Post by: electronicash on November 25, 2023, 07:48:16 PM
I don't think that they are worth holding. They are totally related to an exchange, and if something happens to it - the token will die too. This might happen even in calm times or during the bull run, you never know what's happening behind the doors.
All of exchanges coins aren’t bad, as like BNB is the backed of the number one crypto exchange Binance. So, it’s fundamentally strong coin, early investors got big profits if considering others exchanges coins. Still i think it can be worth investment, although recently a bad news coming so it’s started dumping but i think it’s a promising coin for the future. 
the exchange still remains a large monopolist, and this may mean that nothing threatens the exchange token in the near future. Quarterly token burns will do their job, we need to wait a little longer and see how the price reacts to this event.

BNB however is just not performing well this year. i was also holding some exchange tokens before the last bull market, these tokens are just going to drain your patience. your faith in holding these tokens relies on the exchange itself which they know who they want to make rich. OK exchange token did a significant move than BNB.

the advantage to big holders of these exchange tokens is that they are sharing revenue with them.


Title: Re: Is exchange based tokens worth for hold?
Post by: mdzahed134 on November 26, 2023, 05:42:02 AM
I don't think that they are worth holding. They are totally related to an exchange, and if something happens to it - the token will die too. This might happen even in calm times or during the bull run, you never know what's happening behind the doors.
All of exchanges coins aren’t bad, as like BNB is the backed of the number one crypto exchange Binance. So, it’s fundamentally strong coin, early investors got big profits if considering others exchanges coins. Still i think it can be worth investment, although recently a bad news coming so it’s started dumping but i think it’s a promising coin for the future. 
the exchange still remains a large monopolist, and this may mean that nothing threatens the exchange token in the near future. Quarterly token burns will do their job, we need to wait a little longer and see how the price reacts to this event.
Some big exchanges native tokens just surviving based on their exchange reputation otherwise there are no real use cases of those tokens such KCS is backed by the major exchange KuCoin but you can check it in CMC, very low interest in trading only 1m dollar trading volume. Only BNB is in strong fundamental coin and it’s a lot of utilities in the market.


Title: Re: Is exchange based tokens worth for hold?
Post by: fullhdpixel on November 28, 2023, 06:23:23 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Exchange based tokens don't fluctuate as much as other tokens do. I have been following the Ku coin exchange token for a long time and what I see is that when the market is bullish or when BTC goes up, the price of those coins goes up and when BTC goes down it goes down. In 2021 the token price of Ku Coin exchange platform was $17 per coin currently trading between $6. So these coins seem to depend a lot on the price of Bitcoin. If one wants to hold the coins of this exchange platform then one must hold for long term otherwise the chances of loss will be high.
Isn't that the case with every altcoin? As far as I know, altcoins follow the movements of Bitcoin and there can only be a difference in the percentage of their growth or fall but they move towards the direction where Bitcoin is moving and it's not just about exchange-based coins or tokens but it's the case with almost all the altcoins. I know that some altcoins might move without Bitcoin moving or in an opposite direction where the market is moving but such cases are rare.

And I believe exchange-based coins also move and gain value based on how much people are interested in them. Take BNB as an example, the coin managed to gain significant value because the exchange was successful and became the most used centralized exchange in the world which is the reason why people had trust in BNB and it gained great value over time.


Title: Re: Is exchange based tokens worth for hold?
Post by: Jonyshake71 on November 28, 2023, 01:33:23 PM
Exchange token isnt worth for holding. It mainly depends on exchange performance and getting discount while withdraw. Thats the trick exchange owner do with us for increase the value of their exchange token but those doesn't have other real use imo. Like binance is big exchange, so bnb is popular, increased higher and but as far i know, still no real use of it, is done with any company or organization. But yeah, it could be hold for short time profit but can't guarantee for long term. Same suggestions for rest of exchange token


Title: Re: Is exchange based tokens worth for hold?
Post by: royalfestus on November 28, 2023, 01:50:18 PM
Exchange token isnt worth for holding. It mainly depends on exchange performance and getting discount while withdraw. Thats the trick exchange owner do with us for increase the value of their exchange token but those doesn't have other real use imo. Like binance is big exchange, so bnb is popular, increased higher and but as far i know, still no real use of it, is done with any company or organization. But yeah, it could be hold for short time profit but can't guarantee for long term. Same suggestions for rest of exchange token
As for Binance, I am not sure where things will go. In the present, there are very few IEOs that demand exchange tokens for purchase; however, there are other use cases for exchange tokens. In addition, the binance trade charges are significant low on both CEX and DEX, so they won't be that high, and as the BNB price increases, they can also decrease. Nevertheless, only Top 1 tier exchanges provide reliable exchange tokens that are recommended for holding


Title: Re: Is exchange based tokens worth for hold?
Post by: dunfida on November 28, 2023, 01:52:15 PM
I don't think that they are worth holding. They are totally related to an exchange, and if something happens to it - the token will die too. This might happen even in calm times or during the bull run, you never know what's happening behind the doors.
All of exchanges coins aren’t bad, as like BNB is the backed of the number one crypto exchange Binance. So, it’s fundamentally strong coin, early investors got big profits if considering others exchanges coins. Still i think it can be worth investment, although recently a bad news coming so it’s started dumping but i think it’s a promising coin for the future. 
the exchange still remains a large monopolist, and this may mean that nothing threatens the exchange token in the near future. Quarterly token burns will do their job, we need to wait a little longer and see how the price reacts to this event.
Some big exchanges native tokens just surviving based on their exchange reputation otherwise there are no real use cases of those tokens such KCS is backed by the major exchange KuCoin but you can check it in CMC, very low interest in trading only 1m dollar trading volume. Only BNB is in strong fundamental coin and it’s a lot of utilities in the market.
When it comes on holding exchange token then this is something that would be still a gamble. We dont know if a certain platform will really be able to make themselves on the top.
Lets go back into the time that BNB was so cheap but there are lots who had that simply ignore and sticking into those known sites which are known on that time.
For those who had risk out their funds with BNB then it did become that top ranking exchange platform then it did really make out that huge reflect into their own native token.
This is why i could say that it is really that needing a little bit of luck when it comes to holding and choosing on which coins.

It is really hard to determine or hard to know on what would gonna happen next into this market. If you do see a certain platforms that has the potential to become
the next Binance then it would your choice whether you should invest or not. Everything will really be that depending into your risk taking since
not all does have that the same tolerance when it comes to risks.


Title: Re: Is exchange based tokens worth for hold?
Post by: jrrsparkles on November 28, 2023, 05:27:52 PM
The reason why BNB succeeded and other tokens from exchanges failed is that BNB turned into a coin since it initially launched as a token and now it is acting as a better choice over Ethereum for creating a new project so the journey is so long and the project doesn't hold the value to the coin only with the reputation of the exchange.


Title: Re: Is exchange based tokens worth for hold?
Post by: JeffBrad12 on November 29, 2023, 11:30:03 PM
The reason why BNB succeeded and other tokens from exchanges failed is that BNB turned into a coin since it initially launched as a token and now it is acting as a better choice over Ethereum for creating a new project so the journey is so long and the project doesn't hold the value to the coin only with the reputation of the exchange.
that indeed is one of the reason the fact that they created binance smart chain which used their BNB for fee and the blockchain itself was growing steadily and have already among the most popular blockchain ever since has helped tremendously in keeping the value of BNB, i remember back then when BSC was becoming massive trend so many people deployed their project to the BSC mainly the metaverse and gaming project also defi and BNB was kept on increasing day by day though eventually something hits the fan and the market went bearish then the bullish trend ended there, ever since then the increase in BNB wasn't truly significant.
right now, Binance facing so many problems from the regulation makers definitely have impact towards the condition of BNB.


Title: Re: Is exchange based tokens worth for hold?
Post by: Ben Barubal on November 29, 2023, 11:50:06 PM
Even the BNB, what if Binance got hacked or something happened and it fold up? BNB will crash and become useless. I used it as the example because it is the one you recognized most and the first among them if marketcap is used. Any exchange can get hacked and this may cause their token to become useless. Go for decentralized coin like bitcoin.

  The question is: how many times has the hacker's account been hacked? Hackers have entered it many times, but in those cases, Binance immediately caught up with it, which is why their users' funds remain safe.

  Even if the hackers stole millions from Binance and Binance is still replenishing it, they can only maintain the trust of their users in their platform. That means they know how to take care of their customers. Although the risk is that it won't really disappear, it's up to us if we stay because of trust, because I actually have tokens in Binance.


Title: Re: Is exchange based tokens worth for hold?
Post by: kevindjunaidi on November 30, 2023, 02:47:37 PM
That level of price decrease is completely normal; if you're a true investor, you must have patience and wait  :D

That's right, because with the current market conditions, a price decrease of more than 70% is still normal, unless there is a bull run, but altcoin that you invest does not increase and instead dump, then you don't need to expect much from altcoin that you invest, but I see altcoin that OP invested is very good, so I'm sure the price will definitely increase again and give OP a lot of profit.


Title: Re: Is exchange based tokens worth for hold?
Post by: Freddie Boyer on December 09, 2023, 02:03:41 PM
my advice is still to hold your altcoin that you invest, because as long as the project is still running and making progress, then you still have the opportunity to make a profit from investing in these altcoin, especially now that the condition of the market is bad (bear market), so it's only natural if many of altcoin that you invest dump by 70%-80% and I am sure that if a bullrun occurs, then the price of altcoin that you invest will definitely increase very high again and give you a lot of profit.

Almost the same as you think, place our funds on a platform that has a reputation and a high level of security, both the exchange owner and we as users feel comfortable with the service.

If there are stories about meme coins, from what I have read and seen in several threads here, it can be concluded that many are bad, but many are interested too. Indeed, meme coins always steal the attention of many people.


Title: Re: Is exchange based tokens worth for hold?
Post by: Rehan Zakir on December 09, 2023, 06:57:37 PM
Even the BNB, what if Binance got hacked or something happened and it fold up? BNB will crash and become useless. I used it as the example because it is the one you recognized most and the first among them if marketcap is used. Any exchange can get hacked and this may cause their token to become useless. Go for decentralized coin like bitcoin.
Sir, you are saying right Exchange coins are not good for long term investment. We can see the FTT crashed.
Invest in coins such as bitcoin, litecoin and ethereum etc. These types of coins are not belonging to any crypto exchange. Their future is very bright.
Binance is the world big exchange. But i don't recomend you to hold BNB coin for long term in your portfolio.


Title: Re: Is exchange based tokens worth for hold?
Post by: Tomcolor on January 22, 2024, 06:23:25 PM
exchange token s performance is good especially project of top exchange like bnb. But it should not be kept for too long because suddenly mention of theft of exchange assets or something similar is harmful to your money. But if they have personal services that investors will like then their token will increase in value. You mentioned many exchange tokens so I don't think all of them are trustworthy they are worth holding long term so short time investment is best for them.
Probably any exchange token is much more dangerous to hold than some other altcoin. As you said, a hack could negatively affect the price of the token. Or some laws that could prohibit the exchange from operating. It's better to buy regular altcoins.
binance and kucoin both are higher level exchange and they all have their own tokens and investors are constantly getting profit from it. But I agree with you that storing tokens in exchange wallet is risky because of hacking problem only. Earlier many times such problems were created in almost exchanges where investors suffered losses. However you can use the best wallet if you want.


Title: Re: Is exchange based tokens worth for hold?
Post by: fapar on January 22, 2024, 06:38:37 PM
exchange token s performance is good especially project of top exchange like bnb. But it should not be kept for too long because suddenly mention of theft of exchange assets or something similar is harmful to your money. But if they have personal services that investors will like then their token will increase in value. You mentioned many exchange tokens so I don't think all of them are trustworthy they are worth holding long term so short time investment is best for them.
Probably any exchange token is much more dangerous to hold than some other altcoin. As you said, a hack could negatively affect the price of the token. Or some laws that could prohibit the exchange from operating. It's better to buy regular altcoins.
binance and kucoin both are higher level exchange and they all have their own tokens and investors are constantly getting profit from it. But I agree with you that storing tokens in exchange wallet is risky because of hacking problem only. Earlier many times such problems were created in almost exchanges where investors suffered losses. However you can use the best wallet if you want.
By analogy with the exchanges themselves, we need to use “cold” (for storing funds offline) and “hot” (for trading) wallets. Of course, we needs to be afraid of hacking the exchange wallets, but even if this happens, the Tier-1 exchange will reimburse you for what you lost. I would be more wary of storing funds on the exchange if I had problems with the KYC (account dont verified or KYC failed / permanent change of IP).


Title: Re: Is exchange based tokens worth for hold?
Post by: Bazzu on January 22, 2024, 10:47:37 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
I personally don't buy altcoins just because they are exchange based altcoins. Because most exchange-based altcoins are just tokens hitching a ride on another network. But it's different from BNB which has its own network. So I only hold BNB because only BNB can build its own ecosystem because it is a layer 1 altcoin. While the others are just coins or tokens that depend on other networks. So it is impossible to build its own ecosystem.


Title: Re: Is exchange based tokens worth for hold?
Post by: Ngemmeng on January 22, 2024, 11:22:47 PM
when it comes to exchange-backed altcoins, BNB is the best choice. The reason is because Binance is the largest exchange at the moment and only altcoins that have been tested can be listed on Binance. there may be some that fail and cause delisting but most of the altcoins on binance have large exchange volumes.


Title: Re: Is exchange based tokens worth for hold?
Post by: asrinur on January 29, 2024, 07:06:35 AM
Not all exchange-based tokens can soar in price. However, there are also some exchange-based coins that are worth investing in long term such as BNB. We know that since the emergence of BNB, many people bought it at that time when the price was relatively low, but as time went by, BNB experienced a very high spike and even reached the ATH level and we are sure that if the halving occurs, popular exchange-based coins such as BNB will again reach a new ATH.


Title: Re: Is exchange based tokens worth for hold?
Post by: peter0425 on January 29, 2024, 07:41:08 AM
when it comes to exchange-backed altcoins, BNB is the best choice. The reason is because Binance is the largest exchange at the moment and only altcoins that have been tested can be listed on Binance. there may be some that fail and cause delisting but most of the altcoins on binance have large exchange volumes.
Well watch out for what binance can face in the future mate , we have seen how many cases they have faced and they will still have more in the future unless they will be going with the government and from that the exchange will not worth trusting by crypto users that looks for the privacy.


Title: Re: Is exchange based tokens worth for hold?
Post by: arjunmujay on January 29, 2024, 07:41:26 AM
Not all exchange-based tokens can soar in price. However, there are also some exchange-based coins that are worth investing in long term such as BNB. We know that since the emergence of BNB, many people bought it at that time when the price was relatively low, but as time went by, BNB experienced a very high spike and even reached the ATH level and we are sure that if the halving occurs, popular exchange-based coins such as BNB will again reach a new ATH.
true, but if investors turn around and sell their BNB coins, it will definitely be bearish. Let's remember yesterday's incident when CZ reportedly resigned from Binance, like that alone it could move the BNB market. especially if big investors immediately take a stance to sell the BNB they hold. it will definitely run out too. Keep following the flow and developments of the market, if you feel it is unstable, immediately switch to another altcoin.


Title: Re: Is exchange based tokens worth for hold?
Post by: ItsCrafty on January 29, 2024, 05:36:57 PM
Exchange-type coins that are tokens have the advantage that most projects are very beneficial to their users and visitors because they are supported by their exchange and often Exchange-type tokens have their own exchanges that support them and accordingly come up with such projects that people show their interest in it, which is why Easy project It tends to go up in a very, very good way, and that's why I would say that these are really great concept projects that are exchange type.


Title: Re: Is exchange based tokens worth for hold?
Post by: cryptodude on January 29, 2024, 06:57:19 PM
A lot depends on what kind of token you want to hold with. For example, the token of binance exchange is bnb. When they have a staking, some part of the bnb has to be taken. Because of which the price of bnb increases a bit.
However, due to theft of assets from various exchanges, many of those exchanges became bankrupt. Therefore, before investing in anything, you must think about the possibility of risk.


Title: Re: Is exchange based tokens worth for hold?
Post by: FanEagle on January 30, 2024, 06:53:23 AM
I feel like exchange based tokens should be looked with the volume of the exchange as well. If the volume is high then you could consider that as a possibility, but if the volume is low then you should avoid it. Volume could be found at CMC as well, you can rank exchanges based on volume, but be careful because some of them make fake ones, so check the liquidity there as well when you get the chance, before you invest.

This way, you are going to end up investing into something much bigger and the token of that exchange will be going higher since it's always in demand. I believe that will definitely be a good thing, and we should consider these type of investments as good, specially right before the bull run because volume will go up even more.


Title: Re: Is exchange based tokens worth for hold?
Post by: Obim34 on January 30, 2024, 07:09:20 AM
Well watch out for what binance can face in the future mate , we have seen how many cases they have faced and they will still have more in the future unless they will be going with the government and from that the exchange will not worth trusting by crypto users that looks for the privacy.
If not for the success of the Binanace platform, left alone its native coin BNB would have faced seveir DIP due to the problems like you said they have been through and of a truth more are yet to come so their is no correctness of assumption if they will continue to last better and longer then they are now.


Title: Re: Is exchange based tokens worth for hold?
Post by: wendty on January 30, 2024, 07:24:43 AM
Exchange-based tokens can be a tricky game, and not all of them turn out to be winners. But hey, that's the beauty of investing – sometimes you win, sometimes you learn. Take this as a valuable lesson and focus on diversifying your portfolio with a mix of different crypto assets. The crypto world is full of surprises, so keep your chin up and keep exploring!


Title: Re: Is exchange based tokens worth for hold?
Post by: GlacierBIT on January 30, 2024, 08:35:51 AM
Interest in exchange tokens is no longer the same as before, at the stage of their formation. Exchange tokens gained popularity due to interesting and profitable offers, such actions were mainly part of marketing. Now exchanges have already reached their level, of all, I like bnb the most, for me it is more profitable to hold this particular cryptocurrency.


Title: Re: Is exchange based tokens worth for hold?
Post by: Volimack on January 30, 2024, 09:21:31 AM
As far as I think exchange based tokens are worth holding it will depend on the investor's own decision. Now everyone is buying and selling more exchange tokens than exchange tokens in the market, finding it profitable. Good Tokens will be available all the time or at any fixed time. Good exchange coins will be profitable and gain popularity slowly if held for a certain period of time.


Title: Re: Is exchange based tokens worth for hold?
Post by: MFahad on January 30, 2024, 09:31:17 AM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
Not all exchange based native tokens worth the hold. but some of them are. Like BNB, Kucoin, Cake, Uniswap etc. these are good for holding as long as the exchagne don't run away like FTX.
the reason of holding a coin/token is the project and compony behind that. it doesn't matter if that is an exchange token. or a token of any other project. if you see a good and trustworthy project then you can hold that.
BNB happen to be the best Exchange token so far. it gave a lot of profit to it's holders and traders as you can see it's starting price and price of today.


Title: Re: Is exchange based tokens worth for hold?
Post by: Kelward on January 30, 2024, 05:19:03 PM
Even the BNB, what if Binance got hacked or something happened and it fold up? BNB will crash and become useless. I used it as the example because it is the one you recognized most and the first among them if marketcap is used. Any exchange can get hacked and this may cause their token to become useless. Go for decentralized coin like bitcoin.

I think that BNB, is worth holding because it's backed by Binance, being the top exchange among other exchanges, but speculators categorize exchange tokens that if anything happens to their parent exchanges like being hacked, that the investors capitals in the tokens will go down with the exchange. However I still consider any top altcoins to be worth holding like Ethereum and BNB, you know that they've built solid reputations in the crypto market, so if their prices dips, it's only a matter of time and they'll begin to pump again. Let's not forget the king of them all, being Bitcoin, a decentralized  cryptocurrency that guarantees ROI.


Title: Re: Is exchange based tokens worth for hold?
Post by: trendcoin on January 30, 2024, 11:52:06 PM
I think it makes sense to categorize investments and make them accordingly. In this context, exchange tokens always deserve attention, as they generally do well in bull markets. However, centralized exchanges sometimes have problems with hacking attacks, decentralized exchanges sometimes have problems with contract vulnerabilities. We should always remember that they are not 100% safe investments...


Title: Re: Is exchange based tokens worth for hold?
Post by: JeffBrad12 on January 31, 2024, 12:12:12 AM
Even the BNB, what if Binance got hacked or something happened and it fold up? BNB will crash and become useless. I used it as the example because it is the one you recognized most and the first among them if marketcap is used. Any exchange can get hacked and this may cause their token to become useless. Go for decentralized coin like bitcoin.

I think that BNB, is worth holding because it's backed by Binance, being the top exchange among other exchanges, but speculators categorize exchange tokens that if anything happens to their parent exchanges like being hacked, that the investors capitals in the tokens will go down with the exchange. However I still consider any top altcoins to be worth holding like Ethereum and BNB, you know that they've built solid reputations in the crypto market, so if their prices dips, it's only a matter of time and they'll begin to pump again. Let's not forget the king of them all, being Bitcoin, a decentralized  cryptocurrency that guarantees ROI.
i think we overlook the fact that BNB in itself have Binance Smart Chain backing it up like even if binance somehow performs bad or the exchange got hacked, i think its different entity altogether, the fact that there are many dapps could probably hold up the value quite well when something bad like that occurring.
basically binance has created really good way to secure their BNB or at least give some safety measure for it when binance facing problem so that BNB will not get affected.
so therefore im not really worried if about the value of BNB in the future, even with many problems, its not gonna get shaken that easily.
instead i would worry about other exchange coin that only have utility of cutting those exchange fees.


Title: Re: Is exchange based tokens worth for hold?
Post by: tengui on February 06, 2024, 09:39:02 AM
As far as I think exchange based tokens are worth holding it will depend on the investor's own decision. Now everyone is buying and selling more exchange tokens than exchange tokens in the market, finding it profitable. Good Tokens will be available all the time or at any fixed time. Good exchange coins will be profitable and gain popularity slowly if held for a certain period of time.
one of the most important factors for determining the price of an exchange coin is the exchange itself. If people's trust in the exchange falls and the value of transactions on the exchange also falls, then it is certain that coin prices will also fall. and how worthy an exchange coin is to invest in depends on how much confidence there is in the exchange backing it.


Title: Re: Is exchange based tokens worth for hold?
Post by: bolshojkush on February 11, 2024, 06:12:33 PM
As far as I think exchange based tokens are worth holding it will depend on the investor's own decision. Now everyone is buying and selling more exchange tokens than exchange tokens in the market, finding it profitable. Good Tokens will be available all the time or at any fixed time. Good exchange coins will be profitable and gain popularity slowly if held for a certain period of time.
one of the most important factors for determining the price of an exchange coin is the exchange itself. If people's trust in the exchange falls and the value of transactions on the exchange also falls, then it is certain that coin prices will also fall. and how worthy an exchange coin is to invest in depends on how much confidence there is in the exchange backing it.

There is one undeniable advantage to holding exchange tokens, it is participation in Launchpool and Launchpad, thanks to which investors earn very well. This cannot be denied.


Title: Re: Is exchange based tokens worth for hold?
Post by: Tipeform$ on February 11, 2024, 10:08:33 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
You might have bought many exchange-based tokens in hopes of higher profits. Binance Coin (BNB), Kucoin(KCS) may be the best choice among all the exchange based tokens you have bought. Although I don't recommend going ahead with exchange tokens after you've made a good choice. Also for more profit I suggest you not to be in other coins but I always suggest you to be in bitcoin and ethereum. If you can buy and hold bitcoin and ethereum then I think you will have more success holding bitcoin and ethereum than holding unique coins. Coins on exchange platforms can be disrupted at any time as we saw in the FTX bankruptcy. So be careful and avoid proceeding with such coins later


Title: Re: Is exchange based tokens worth for hold?
Post by: slashz9 on February 12, 2024, 06:18:57 AM
Your choice is quite wise, I also agree because there are several factors that encourage it to survive, such as the continued performance of the exchange which means the token will continue to exist and be used.
I think the same thing can also be applied to other projects that have use cases that make these tokens continue to be used.


Title: Re: Is exchange based tokens worth for hold?
Post by: husencoe on February 12, 2024, 08:44:09 AM
I think holding so many tokens will create problems. Tokens could fall drastically. Likewise with token-based exchange, you have to continue monitoring it so you don't lose your money. If you want to hold, do it with coins because coins are better than tokens.

Token-based exchanges also have a big risk if at any time the exchange is hacked. Around 2017, Etherdelta and ForkDelta were the best Etherium exchanges for token-based sales, but then disappeared after several hacking incidents. Many lost their assets overnight.

If you have time to trade, use a good token on a safe exchange. I don't think too much exchange is a good thing. it just puts a burden on your days. If you have a lot of money, go for coins and avoid tokens. Just holding your assets as coin and save it on your wallet, not on exchange.


Title: Re: Is exchange based tokens worth for hold?
Post by: Jascrypt on February 23, 2024, 05:42:06 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
On the contrary, after BTC and few top alt coins; exchange tokens are the next option for me. It's obvious most coin experience huge dump in price and our digital gold isn't excluded. You have highlighted the attractive use cases of some of these viable exchange tokens and I feel that's convincing to hodl them. Another point worth highlighting about these tokens particularly BNB and BGB which I am currently benefiting from its utilities as it is used for launchpad and launchpool events. If you put those benefits together you would realize those tokens are worth holding compared to most coins in the market but of course you need to understand the fundamentals of any exchange token on your radar before investing.


Title: Re: Is exchange based tokens worth for hold?
Post by: Cryptoababe on February 23, 2024, 07:17:26 PM
On the contrary, after BTC and few top alt coins; exchange tokens are the next option for me. It's obvious most coin experience huge dump in price and our digital gold isn't excluded. You have highlighted the attractive use cases of some of these viable exchange tokens and I feel that's convincing to hodl them. Another point worth highlighting about these tokens particularly BNB and BGB which I am currently benefiting from its utilities as it is used for launchpad and launchpool events. If you put those benefits together you would realize those tokens are worth holding compared to most coins in the market but of course you need to understand the fundamentals of any exchange token on your radar before investing.

You make some excellent points. Exchange tokens can be great long-term investments compared to other alts. I also enjoy holding them, especially for staking/farming benefits like you highlighted earlier for BGB, I think it's exchange, Bitget is celebrating the token; hitting continual ATH with some juicy rewards right now.. Another appealing reason to hold these kinda tokens


Title: Re: Is exchange based tokens worth for hold?
Post by: yazher on February 23, 2024, 08:30:11 PM
Interest in exchange tokens is no longer the same as before, at the stage of their formation. Exchange tokens gained popularity due to interesting and profitable offers, such actions were mainly part of marketing. Now exchanges have already reached their level, of all, I like bnb the most, for me it is more profitable to hold this particular cryptocurrency.

Only if other worthy new exchanges emerge and they also offer more benefits when you buy their tokens just like the other popular exchanges had offered their users back then. Not only do they need to work with their token but they also need to promote their exchanges in order to attract investors we see lots of them fail and they quickly just close it because they are unable to support their needs to maintain it. right now, if you are interested in investing in such tokens, consider looking for the way they promote their exchanges, if they don't do such thing, then it is not recommended to buy their token for they will fall eventually due to their other competitor's non-stop promotions.


Title: Re: Is exchange based tokens worth for hold?
Post by: dlightag on March 01, 2024, 11:44:00 PM
Exchange token is good to buy, while hold for a long time and among all exchange token been mentioned, I prefer investing on Kucoin and is good to buy and they are more reliable to invest in cryptocurrency market, while expecting big whale to come in the near future.


Title: Re: Is exchange based tokens worth for hold?
Post by: Moreno233 on March 02, 2024, 01:01:47 AM
Exchange token is good to buy, while hold for a long time and among all exchange token been mentioned, I prefer investing on Kucoin and is good to buy and they are more reliable to invest in cryptocurrency market, while expecting big whale to come in the near future.
In my opinion, most exchange based tokens have done exceptionally well, especially those whose exchanges are still waxing strong with good reputation. I have not heard much investors of exchange based token complain or regret investing in such tokens and that is a good sign for me. Even though I have not invested in them before, they are good option because they are supported by real product which guarantees that they do not become worthless.

If I want to consider investing in exchange base token, KCS will likely be my top choice for several reasons which include but not limited to Kucoin being a reliable and innovative exchange with large customer base.


Title: Re: Is exchange based tokens worth for hold?
Post by: Bureau on March 02, 2024, 03:45:32 AM
Exchange token is good to buy, while hold for a long time and among all exchange token been mentioned, I prefer investing on Kucoin and is good to buy and they are more reliable to invest in cryptocurrency market, while expecting big whale to come in the near future.

I have been holding BNB for quite a long and the returns that it has generated have been good. Apart from getting normal market returns I have been staking them and getting a decent APR. It also helps me to trade on Binance at reduced fees which is a good option for daily traders. As I am not a daily trader I only use that facility whenever I am making any purchase or selling. I do get a small amount of airdrop of new coins when they get listed on Binance. There are a lot of benefits that exchange tokens give.


Title: Re: Is exchange based tokens worth for hold?
Post by: Tigerheart3026 on March 02, 2024, 06:37:36 AM
i think exchange based tokens are only profitable as long as their exchange is popular and these coins will not long live without their exchange popularity. as you know binance is the top crypto currencies exchange in the world still now, so there coin bnb is most popular exchange based coin right now. same other some good coins as like kcs,ht, and cake.


Title: Re: Is exchange based tokens worth for hold?
Post by: arjunmujay on March 02, 2024, 10:01:52 AM
i think exchange based tokens are only profitable as long as their exchange is popular and these coins will not long live without their exchange popularity. as you know binance is the top crypto currencies exchange in the world still now, so there coin bnb is most popular exchange based coin right now. same other some good coins as like kcs,ht, and cake.
it's true as you said, BNB has the highest popularity. and the community is very large and solid. that's why the price of this coin has become famous and continues to rise.
different from other coins that are still below it, I'm not pessimistic, but it's better to see first how the exchange is developing so that you don't make mistakes and get profit from exchange coins for a long time.


Title: Re: Is exchange based tokens worth for hold?
Post by: Sophokles on March 02, 2024, 10:28:15 AM
i think exchange based tokens are only profitable as long as their exchange is popular and these coins will not long live without their exchange popularity. as you know binance is the top crypto currencies exchange in the world still now, so there coin bnb is most popular exchange based coin right now. same other some good coins as like kcs,ht, and cake.

Even popular exchange token are not that demandable anymore. Binance had added new projects to their launchpool more frequently than ever, but still, the price of BNB doesn't appreciate that. People don't want to hold a token only to get a discount on trading or participate in a IEO or launchpool project. Project that has utilities doing better than the rest of the industry. The meme project is also doing well because of the speculation and the entire ecosystem is promoting their own meme project.


Title: Re: Is exchange based tokens worth for hold?
Post by: Sayeds56 on March 02, 2024, 11:10:33 AM
honestly it really depends, with this kind of tokens the performance and valuation depends on the exchanges themselves like BNB, whenever they have staking programs that tells them to stake some of the BNB the price went up, but if there's news surrounding the platform themselves in which giving negative impression the value of the token usually plummet.
i'd personally never gonna hold these tokens for long, at best just following staking program, its just not worth it. not to mention of suddenly the exchange asset got stolen or something similar to that.
i can be 100% sure that the value of token will just make a sharp down turn, there's just too many ways for these tokens to lose its value honestly that i don't think they are worth long term holding.

Certainly, the value of the native token of any exchange such as BNB largely depends on its use case and how the token is backed by stable coins such as USDT or USDC. I think that native tokens of exchanges are not worth holding for investment purpose.

We have witnessed the collapse of LUNA and FTX in the past within days, when they ran out of liquidity. These unfortunate incidents underscore the importance of transparent and responsible financial management of exchange to prevent such catastrophic outcomes,  


Title: Re: Is exchange based tokens worth for hold?
Post by: bounceback on March 22, 2024, 03:31:11 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
If you invest in exchange-based altcoins, the price of the coin usually really depends on the exchange platform and also the founder, such as what happened on the Binance exchange, if there was a hack on the exchange, the price of the BNB coin would also experience a significant drop in price, as well as when there is Other negative news related to this exchange, even though the Binannce exchange is an exchange that has developed greatly, investing with BNB coins also carries a risk of loss.


Title: Re: Is exchange based tokens worth for hold?
Post by: leonair on May 01, 2024, 12:30:05 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
I will compare the tokens based on these exchangers to a lot of bubble gum, they burst after a while. I would say that for those who are short-term traders, it may be good to invest in these tokens or coins, but for long-term trading, I would not suggest them to choose. Because if we see the FTX incident then everyone will understand. So for short term trading you can choose them but for long term trading Bitcoin will be the best for you.


Title: Re: Is exchange based tokens worth for hold?
Post by: Rabbitqt on May 01, 2024, 12:32:45 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!
I've always done very well with exchange coins every bull run
 With BNB being the main winner.


Title: Re: Is exchange based tokens worth for hold?
Post by: tengui on May 01, 2024, 01:36:31 PM
I think exchange coins like OKB BGB or KCS are still worth investing in because the exchanges that support these altcoins still have very high trust from the public. Price drops are normal because other altcoins (non-exchange) also often experience sudden price drops. The most important thing is that you have to determine the best time to buy and sell because that is the key to investment success.


Title: Re: Is exchange based tokens worth for hold?
Post by: strunberg on May 01, 2024, 02:42:06 PM

If you invest in exchange-based altcoins, the price of the coin usually really depends on the exchange platform and also the founder, such as what happened on the Binance exchange, if there was a hack on the exchange, the price of the BNB coin would also experience a significant drop in price, as well as when there is Other negative news related to this exchange, even though the Binannce exchange is an exchange that has developed greatly, investing with BNB coins also carries a risk of loss.

Yes, you are right. Basically, exchange-based tokens also have risks depending on the development of the exchange. We can see the case of the FTX exchange and most recently the Bitforex exchange which experienced problems and caused the value of exchange-based tokens to decrease significantly. But for me BNB has many advantages and they are the number 1 exchange in the world today.


Title: Re: Is exchange based tokens worth for hold?
Post by: Kezacky on May 01, 2024, 05:01:01 PM
Since the FTX incident I have been traumatized about investing in exchange-based tokens for the long term except only BNB. which so far I still maintain as a long-term investment.


Title: Re: Is exchange based tokens worth for hold?
Post by: MeGold666 on May 01, 2024, 05:05:06 PM
Quote
Is exchange based tokens worth for hold?

No.


Title: Re: Is exchange based tokens worth for hold?
Post by: Sophokles on May 01, 2024, 05:58:50 PM
Since the FTX incident I have been traumatized about investing in exchange-based tokens for the long term except only BNB. which so far I still maintain as a long-term investment.

BNB is more than a exchange token. It is true that many people don't want to invest in any exchange token any more, but that is not the only reason behind the decreasing popularity of exchange based tokens. Only having discount on trading fees won't work to motivate people to buy those tokens, nor will the token sale be that attractive any more. There are countless other ways to conduct an ICO, and most of the projects are using multiple platforms for token sales. Exchange based token just lost their demands as utility based token.


Title: Re: Is exchange based tokens worth for hold?
Post by: asrinur on May 23, 2024, 07:23:43 AM
Not all exchange-based tokens can soar in price. However, there are also some exchange-based coins that are worth investing in long term such as BNB. We know that since the emergence of BNB, many people bought it at that time when the price was relatively low, but as time went by, BNB experienced a very high spike and even reached the ATH level and we are sure that if the halving occurs, popular exchange-based coins such as BNB will again reach a new ATH.
true, but if investors turn around and sell their BNB coins, it will definitely be bearish. Let's remember yesterday's incident when CZ reportedly resigned from Binance, like that alone it could move the BNB market. especially if big investors immediately take a stance to sell the BNB they hold. it will definitely run out too. Keep following the flow and developments of the market, if you feel it is unstable, immediately switch to another altcoin.
What happened to CZ is something different because it does not reflect that the price of BNB has also fallen. Moreover, investors are not affected by the case that happened to CZ because BNB has strong fundamentals and the CZ case was purely due to its own mistakes and does not represent Binance as a whole.


Title: Re: Is exchange based tokens worth for hold?
Post by: hamba laeh on May 23, 2024, 03:56:43 PM
As an investor, i bought so many exchange based tokens! Bnb, uniswap, kucoin (kcs), cake, houbi (ht),  FTP and so on. Undoubtedly those exchangers are so big and reputable. I though those altcoins will pump if exchange get larger during time and if exchange add more pair with their altcoin on their platform, then price will boom but most of those are like shitcoin, dumped 70-80℅ in long run except bnb. So what do you think? I'm no longer going to invest any exchange coin anymore!

In my opinion, the purpose of investment is to make a profit. So we invest wherever we can make a profit, including exchange-based tokens, and we must maintain everything that has the potential to develop, and vice versa, if it does not have a good opportunity, it must be immediately removed from the list. so not all exchange based tokens do not have the potential to develop in the future.


Title: Re: Is exchange based tokens worth for hold?
Post by: Rasa nanas on May 24, 2024, 05:14:04 PM
I also think so, the only exchange-based altcoin worth investing in is BNB. However if we talk about BNB we are not just talking about the exchange that supports it namely binance, but also talk about the ecosystem and network usage which continues to increase. As we know, currently new projects on the BNB network continue to increase, and perhaps this is what makes BNB's position even stronger.