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Author Topic: The Exchange coin trend, Will all exchanges soon have their coin?  (Read 156 times)
trahaubab
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September 28, 2018, 11:56:11 PM
 #21

everyone looks at binnance, their coin are pretty popular, so most likely soon every exchange will have coin soon. But is it really needed for exchange?
BNB is great, but do other exhanges need it?

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September 29, 2018, 04:20:15 AM
 #22

I think it is a good way for exchanges to improve their popularity and increase their revenue. As long as it doesn't bring bad impacts for the holders or their clients, I think it is no problem and fair. They just need to think about how important the function of their own coins are and how the coins can give good influences for the exchanges. That's the point for me.   

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Jamesdila1
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September 29, 2018, 04:24:31 AM
 #23

yes its a good thing. because when the exchange is become successful then the price of that coin also will go high. then thats profitable for traders and also for the owners of the exchange. also that increases the reputation and trust of that exchange. so thats a good move

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elwiswoodie
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September 29, 2018, 04:32:34 AM
 #24

yes that's how it is, whoever the developer who has coins is related, they still need the role of an exchanger to be able to exchange their coins with BTC or ETH. This time, business becoming an exchanger is very profitable, along with many new coins popping up every day. Binance has a BNB, in which investors have gotten their profits more than 5000%, so Binance started making popular coins with this type
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September 29, 2018, 06:57:38 AM
 #25

This is a fairly simple marketing that works very well. Now you do not need to attract investments from large funds to open your own exchange. You just need to create your own cryptocurrency and enter the ICO. Very simple and easy. And most importantly - profitable.
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