Exchange tokens

[royalfestus]

Who would have thought that exchange tokens can be huge as they are today? Back in 2017 I never thought that exchange can use token on their platform and make it very valuable, look at binance exchange and Okex exchange, very profitable they are today for every early adopters, any ways that's that, how about now? What exchange do you think will be huge in near future?

Binance coin is becoming more success, only Binance has different service or product. Okex and huobi exchange also doing good. Before Binance dex, this coin price was dump as usual others coin. Without high volume exchange, exchange coin is worthless.

Binance had been a trailblazer with some feature of its exchange coin, most exchange are now adopting most of the use. its strong, reliable and productive utility for token in the space, exchange coin has one of the ability for manipulation as well. Binance burning of token had been very effective in managing token price and coin scarcity. The sentiment of exchange token had improved over time, which makes it enjoy the high volume trade.

[tippytoes]

Exchange tokens are more trusted both not all exchange so I would advice we check CMC for exchanges and top ones as they protects thier tokens and ensure it moons together with BTC and also moon hence other coins are mooning. Exchange tokens is what gives exchanges respect and builds more trust do they don't joke with it.

As long as the exchange is up and running, somehow those exchange tokens will be of value on their own exchange. However, once that exchange is shut down, the corresponding exchange token will also die down. So be careful when choosing an exchange token. Better choose an exchange token, which is hard to be bankrupt or closed, and maybe, BNB is one of these good ones.

[CETAN.IO]

Today, our analysis, cryptoeconomics will gain momentum, the current situation has a double effect on cryptocurrency, on the one hand people think how to save, on the other, everyone wants to make money, and the world is changing every day

[mdzahed134]

for new exchanges I haven't seen the potential because it looks like new exchanges are currently only focused on looking for profit for a moment but there are some that might look good for example zipmex it's just that their focus is currently only on consumers in Asia.

Yeah, many new exchanges are launched from previous year to until now, all of shit development projects. A lot of new centralized exchanges are low liquidity, it’s very much true they're just focused to create profit. Currently in these year i saw KOINPRO exchange platform it’s looks huge potential. I depend for two reasons it's leverage trading and practice account. Right now new centralized exchanges are unfaithfully.                          

[gikere]

Exchange tokens that doing great at Binance exchange because of Binance's reputation. There are many bad exchange tokens out there and a few good exchange tokens can't speak for the rest.