Digital Assets Exchange Issued Token

[Trcream]

these days, as BTC, ETH, EOS etc. price fall, some startup decentralized exchanges issued token, and with a new dividend distribution

system, attracted lots investors and trading on these exchange token.

some top centralized exchange platforms also launch this activity.

Do you hear of it?

[1714147333]

1714147333

[Isaremj3]

Digital Assets exchange says they want to issued token but when you register noting will come out of it. Moreover, I have participated in that kind of thing so many time but it is a fruitless effort. However, some exchanged will so tell you to trade on their exchange and get chance of getting a particular amount of token for trading for the first time. What I can really say to the for mention above is that they want people to trade well so that they will high volume on their exchange during this period of dip in market.

[karungbitcoin]

Many exchange created their own token to offer some product and better service.  Like Binance exchange created BNB Coin, Bibox token by Bibox exchange, OKB coin by Okex, HT token by Huobi and etc. That each token offer product and benefits to attrack user, and i think that good thing for marketing strategy.

[okocrypto]

these days, as BTC, ETH, EOS etc. price fall, some startup decentralized exchanges issued token, and with a new dividend distribution

system, attracted lots investors and trading on these exchange token.

some top centralized exchange platforms also launch this activity.

Do you hear of it?

It is no new news and most of such tokens are doing just fine. The odds tends to favour exchange projects lately and this is the reason for the associated massive investments.

[berrygood]

Yes many of them have their own token, used for fee etc. Lastly the ocean exchange issued a token for its newly launced exchange. I think they are valuable investments if the platform is decentralized, so I was already invested in oax.

[wayaneka]

The first idea to create exchange's token is come from Binance and then others exchange follow that way to increase their products and to maximize their profit. Between all exchange that issued exchange's token the most promising is BNB Coin because Binance exchange has very good development compare others. The volume of this exchange always increase that also make more demand for BNB Coin, beside that they has program of buy back and burn token model to protect token holder from dump in price.